By Ruwan Weerakoon
(Lanka-e-News -09 Oct 2026,5.00 A.M.) CCIB invokes Money Laundering Act against properties allegedly bought with narcotics proceeds; Lanka e-News traces Dubai-Pakistan supply chain
The Central Crime Investigation Bureau (CCIB) has frozen properties worth more than Rs. 100 million, suspected to have been acquired with proceeds from drug trafficking.
Investigators say a Boralesgamuwa resident, arrested in connection with narcotics smuggled into Sri Lanka from the United Arab Emirates, allegedly used drug money to buy properties in the names of his son, his father and a close associate.
Acting under the Prevention of Money Laundering Act, the bureau imposed a 14-day freezing order from October 8, 2026, barring the sale, transfer or disposal of the assets.
A gymnasium on Dehiwala Road, Boralesgamuwa, valued at about Rs. 35 million
A tourist bungalow built on six roods and three perches, a house on 17 roods and one perch, and a two-rood, five-perch agricultural block in Tittawelgolla, Dambulla, together valued at about Rs. 35 million
An apartment in a luxury housing complex in Yakkala, valued at about Rs. 30 million
The CCIB says its investigations into the assets and their alleged links to drug proceeds are continuing. Senior Superintendent of Police (SSP) Kamal Ariyawansa, head of investigations at the bureau, is directing the probe and providing its leadership.
Dubai-Pakistan link
Lanka e-News has exclusively published details of assets linked to Shiran Basik. Police detectives have detected and confirmed these assets. Some are published above
We are also investigating another drug dealer. We will publish our findings once we have received substantial evidence.
Our trusted. foreign intelligence source and sources within the drug underworld, Basik worked with Pakistan-based Mohamad Siddick, alleged to be the mastermind behind a drug supply chain feeding Sri Lanka, Thailand, Indonesia and Malaysia.
Lanka e-News has exposed drug dealers and their networks, and will continue to expose more in the future.
Have information on drug dealers, or on police, navy, or other officials involved in the trade? Contact [email protected]. Help us protect the next generation.
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by (2026-10-09 00:27:42)
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