COLOMBO (NewsRadio); An individual has been apprehended for offences that come under the Prevention of Money Laundering Act.
The Police Media Division said the 49-year-old resident of Bandaragama was arrested last evening by officers attached to the Police Illegal Property or Assets Investigation Division.
He was arrested after Police uncovered information that the said individual had acquired over Rs. 10 million through narcotic trade.
Police said his wife; a resident of Waskaduwa had maintained an eZ Cash -Power Account to receive money on behalf of the arrested individual.
Accordingly, around Rs. 10.4 million had been deposited to the said account between 2019 and 2020. Police said Rs. 8.1 million deposited to the account had been withdrawn.
Preliminary investigations revealed that the arrested individual had used his wife’s eZ cash account to receive money and carryout the narcotic racket.
He is scheduled to be produced before the Kalutara Magistrate’s Court today.
The Illegal Property or Assets Investigation Division is conducting further investigation.
