Movable and immovable assets of heroin kingpin frozen

Saturday, 8 September 2012 00:25 - - {{hitsCtrl.values.hits}}

By T. Farook Thajudeen

Colombo High Court Judge Kumudini Wickramasinghe yesterday froze the movable and immovable assets of an absconding heroin businessman until the adjudication of the cases against the suspect.

The CID, producing the wife and an accomplice of the suspect in court, submitted a report on the alleged narcotic dealings of the suspect and moved to freeze assets alleged to have earned by the suspect via illegal drug dealings until the adjudication of the cases against the suspects.

The police move to freeze the assets of the suspects until the adjudication of the cases against the suspects. The Police contended that the suspects had earned the money and assets by dealing in drugs and many other illegal businesses.

The CID submitted that the suspect had earned over several hundred thousands of rupees through these dealings, thereafter investing them in movable and immovable assets.

When the police attempted to arrest the suspect, he had absconded arrest. Thus the police had failed to trace the where about of the suspect.

However, his wife who arrived in Sri Lanka with a pseudonym was arrested at the airport on her arrival.

The CID said they recovered movable and immovable assets including properties, apartments and mansions in Colombo, Dehiwela, Kohuwela Nugegoda and Rajagiriya belonging to the suspect his wife and the relatives of Wele Suda.

The police have also recovered cash and jewellery worth of several millions from the lockers that were taken on rent by the suspects in several banks in Colombo and suburbs.