Rs 60M Drug Money circulated in 5 Bank Accounts
BY KEERTHI MENDIS & THAMEENAH RAZEEK
The Criminal Investigation Department (CID) yesterday arrested a suspect, who had been allegedly involved in narcotics trafficking. The suspect-has allegedly maintained five bank accounts, in which the monies earned from the drug trade, had been deposited.
According to Senior DIG Ajith Rohana, up to Rs 60 million in drug money, had been circulated through these bank accounts during the past four years. The Police Spokesman added the 41-year-old from Dehiwala had been taken into custody under the provisions of Prevention of Money Laundering Act.
The arrest had been made on a tip-off given by the Financial Intelligence Unit of the Central Bank. Information on the individuals who deposited money to the suspect’s bank accounts have been uncovered by the Police, the Police Spokesman stated, adding that most of them were identified as territorial drug dealers or drug addicts.