CID investigates into 02 businessmen who have fraudulently sent dollars abroad

Date:

The CID has informed the court that it has commenced an investigation into two businessmen who fraudulently remitted US $ 260 million worth of goods abroad under the pretext of importing goods.

It is said that the CID has reported the matter to the Colombo Chief Magistrate Buddhika C. Ragala yesterday (31).

The CID has informed the court that it was revealed that the two businessmen had sent US dollars from Sri Lanka to foreign countries, indicating that they were importing dates, gold, and other goods through a company registered as Noora Multi Traders.

Accordingly, they have informed the court that an investigation has been initiated against them under the Prevention of Money Laundering Act No. 5 of 2006.

Share post:

spot_imgspot_img

Popular

More like this
Related

ADB Injects $300 Million into Sri Lanka’s Reform and Tourism Revival

ADB Injects $300 Million into Sri Lanka’s Reform and Tourism Revival

Public Debt Office Powers Expanded to Shape Sri Lanka Economy

Public Debt Office Powers Expanded to Shape Sri Lanka Economy

Sri Lanka’s Tea Sector Surges, But Faces Profit Margin Squeeze

Sri Lanka’s Tea Sector Surges, But Faces Profit Margin Squeeze

Sri Lanka’s Debt Tightrope: Restructuring Nears End, but Risks Rise

Sri Lanka’s Debt Tightrope: Restructuring Nears End, but Risks Rise