Sri Lanka Police is set to establish a new division dedicated to investigating properties acquired through criminal activities, Deputy Inspector General of Police for Western Province (North) Nishantha Soysa announced yesterday.
Speaking at a special media briefing, he said the unit will be launched under the provisions of the recently passed law on properties derived from crime. The division will be called the Police Criminal Investigation on Derived Property (PCID) and is expected to be inaugurated under the Inspector General of Police in line with Police Day celebrations.
Meanwhile, police have already taken possession of assets valued at Rs. 4.5 billion linked to organized criminals through special operations. These include buildings, houses, vehicles, land, gold jewellery, boats, and cash amounting to Rs. 57 million, which have been frozen under the Money Laundering Act. (Islandnews)
