A 49-year-old woman has been arrested by the Police Illegal Assets Investigation Division over bank transactions exceeding Rs. 70 million allegedly linked to drug trafficking and organised crime.

Police stated that four bank accounts maintained by the suspect at two private banks in Piliyandala had received funds from individuals connected to drug trafficking and organised crime.

The suspect, a resident of Madapatha, is due to be produced before the Colombo Chief Magistrate’s Court today (6).

Investigations are continuing under the Prevention of Money Laundering Act.