Senior DIG Ajith Rohana says that property worth Rs. 780 million has been seized by the Illegal Assets investigation Unit of the CID as of now.
He said that 1100 individuals are being investigated for accumulating wealth illegally and so far 21 people have been arrested.
“There are 325 ongoing investigations, particularly on drug related offenses. At present, property worth nearly Rs. 780 million has been seized by this division.” He said.
“Action is being taken under the relevant provisions in Money Laundering Act. If a person is arrested by this division, action will be taken against them under the Dangerous Drugs Ordinance for possession and trafficking of narcotics. In addition, this division investigates the assets and liabilities of that person as well as other assets earned through illegal activities.” He further added.
The ‘Illegal Assets Investigations Division’ was setup under the Criminal Investigation Department (CID) last year to deal with the full-time confiscation of immovable and movable property and money earned through various rackets and narcotics under the Money Laundering Act. (NewsWire)