The Financial Crimes Investigations Division (FCID) has commenced investigations into a transaction which resulted in the ordering of two ships from a Chinese agent in 2013.
Initial investigations revealed that the ships had been purchased at over 15 million rupees beyond the estimate. Both ships had cost the Government 70 million US dollars.
Investigations also had revealed that the Chinese agent had conducted transactions worth over 2000 million rupees with Sri Lanka between 2013 and 2015. The agent had also had a personal relationship with the Secretary of the Naval and Highway Ministry of the time, Ranjith Premasiri with whom several messages had been communicated. The FCID said that they intend obtaining a court order to check the bank accounts of the Chinese agent.
Former Sri Lanka captain Angelo Mathews will retire from Test cricket after the first match…
Sri Lanka’s Prisons Department yesterday has denied claims of mistreatment made by a British woman…
In a spectacular celebration of global artistry and cultural diversity, the 72nd Miss World Festival…
Former Minister and Anuradhapura District Organiser of the Sri Lanka Freedom Party (SLFP), Duminda Dissanayake,…
The Trump administration on Thursday revoked Harvard University’s ability to enroll international students, delivering a…
A discussion has been held on the challenges Sri Lankan citizens face in using their…
