Yoshitha Rajapaksa has been arrested by the CID in Beliatta, the Police said.
He was arrested following investigations carried out under the Money Laundering Act.
The investigations relate to three lands owned in Colombo.
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Customs have detected 228 mobile phones and tabs valued at over Rs 30 million left behind in the duty free shopping complex at the Banaranaike International Airport today, Customs officials said.
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