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Asset Freezing as a Legal Tool
With suspended IGP Deshabandu Tennakoon continuing to evade arrest, the Sri Lankan government has turned to one of the most powerful legal strategies—freezing his assets. Deputy Minister of Public Security Sunil Watagala has confirmed that both movable and immovable assets will be seized under the existing legal framework. This move underscores the state’s determination to bring Tennakoon to justice and prevent financial resources from being used to facilitate his evasion.
Legal Basis for Freezing Tennakoon’s Assets
The decision to freeze Tennakoon’s assets is backed by a circular issued by Acting IGP Priyantha Weerasuriya. Under Sri Lankan law, authorities have the power to seize financial holdings, real estate, and other valuables of individuals involved in criminal investigations. This strategy is often used in cases where fugitives attempt to use their wealth to escape justice.
Why Asset Freezing is a Game-Changer
1. Cutting Off Financial Resources
By freezing bank accounts, property, and other assets, the government prevents Tennakoon from using his wealth to fund his evasion, bribe officials, or flee the country.
2. Pressuring Associates and Supporters
Authorities have warned that anyone assisting Tennakoon in evading arrest will face legal consequences. Freezing assets linked to his network could deter individuals from aiding him.
3. Setting a Precedent for Accountability
This case marks a critical moment in Sri Lanka’s law enforcement history. If executed effectively, it could serve as a warning that no individual, regardless of rank, is above the law.
Challenges in Enforcing the Asset Freeze
Despite the legal provisions, several challenges exist in ensuring that asset freezing is effectively implemented:
Locating hidden assets: High-profile individuals often divert funds to offshore accounts or untraceable assets.
Legal delays: Court proceedings and bureaucratic obstacles can slow down the process of asset seizure.
Political interference: High-ranking officials might attempt to block enforcement actions to protect their interests.
Broader Implications for Law Enforcement
The inability to locate Tennakoon so far raises concerns about the effectiveness of Sri Lanka’s surveillance, intelligence gathering, and internal police accountability. Freezing assets is a necessary step, but without coordinated efforts, it might not be enough to secure his arrest.
This case also raises questions about the integrity of law enforcement. If the top-ranking police officer can evade justice, what does it mean for the rest of the system?
