Man Arrested Over Illegal Transfer of Rs. 24.8 Bn Worth of USD

COLOMBO (News1st); A suspect has been arrested over the alleged illegal transfer of a stock of US dollars worth approximately Rs. 24.8 billion to overseas destinations, police said.

According to police, the suspect was apprehended in the Kotikawatta area by officers attached to the Financial Crimes Investigation Division.

Investigations have revealed that the suspect had allegedly transferred the funds to bank accounts located in foreign countries through five illegal companies.

Police said extensive investigations are now underway.