Financial Crime Unit seeks to freeze assets linked to Basil Rajapaksa

The Financial Crimes Investigation Division (FCID) is pursuing legal measures to restrict access to property holdings linked to Basil Rajapaksa, according to sources familiar with the inquiry. The move comes as part of a broader investigation into financial matters involving the former finance minister.

The action represents an escalation in enforcement activities by the FCID, which has been examining various transactions and asset holdings under its mandate to investigate financial crimes. Officials are seeking to prevent the use or disposition of the identified properties while the investigation proceeds.

Rajapaksa, who served as finance minister in the previous administration, has faced scrutiny over financial management and alleged irregularities. The FCID's move to restrict property use is a standard investigative measure employed to preserve assets pending the outcome of inquiries.

The suspension order, if granted, would prevent the properties from being sold, transferred, or otherwise disposed of without the consent of relevant authorities. This development marks another step in the agency's efforts to hold individuals accountable for potential financial misconduct during their tenure in public office.

The investigation remains ongoing, with the FCID continuing to gather evidence and examine related documentation as part of its inquiry into the matter.