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03 remanded in Rs. 27 mn. financial fraud case

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The Criminal Investigation Department (CID) has arrested one male and two female suspects in connection with a financial fraud case involving the Sri Lanka Ayurvedic Drugs Corporation.

The General Manager of the Sri Lanka Ayurvedic Drugs Corporation, located at Old Kottawa Road in Nawinna, Maharagama, lodged a complaint with the CID on March 20, alleging that a sum of Rs. 27,031,024.15 has been fraudulently obtained through altered cheques by manipulating data in the corporation’s computer software system.

Following an investigation, CID officers arrested the primary suspect, who allegedly orchestrated the fraud, along with two female accomplices, on April 01.

The arrested suspect is a 35-year-old resident of Kelaniya, while the female suspects, aged 25 and 32, are also residents of Kelaniya.

The suspects were produced before the Nugegoda Magistrate’s Court on April 02 and have been remanded until April 11.

The CID is continuing investigations into the case.

(adaderena.lk)

(Except for the headline, this story, originally published by adaderena.lk has not been edited by SLM staff)

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Batalanda commission report handed over to the AG

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The “Report of the Commission of Inquiry into the Establishment and Maintenance of Places of Unlawful Detention and Torture Chambers at the Batalanda Housing Scheme” which was recently tabled in Parliament, has been handed over to the Attorney General by the Presidential Secretariat following a directive from President Anura Kumara Disanayake.

The report, originally compiled over 25 years ago, was tabled in Parliament recently. The Government has taken a decision to take necessary action and as a result, actions have been initiated to hand over the report to the Attorney General’s Department today (29).

(President’s Media Division)

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Ex-SLTB Vice Chairman granted bail

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The former Vice Chairman of the Sri Lanka Transport Board (SLTB), L.A. Wimalaratne, who was arrested by the Criminal Investigation Department (CID) earlier today (April 29), has been released on bail.

He was arrested in connection with an investigation into a house in Kataragama, allegedly linked to the family of former President Mahinda Rajapaksa.

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Franchise agreements of Colombo Strikers & Jaffna Kings terminated

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Sri Lanka Cricket (SLC) in collaboration with the event rights holder of the Lanka Premier League (LPL) – the IPG Group, has officially announced that the franchise partnerships of the ‘Colombo Strikers’ and ‘Jaffna Kings’ have been terminated.

According to a statement issued today (April 28), the terminations were made due to the respective franchises’ failure to fulfill contractual obligations outlined in their agreements with the IPG Group, which were established at the commencement of their participation in the league.

Accordingly, the forthcoming edition of the Lanka Premier League will feature franchises representing Colombo and Jaffna under new ownership, the statement notes.

As the event rights holder, the IPG Group retains the exclusive rights over the LPL franchise teams and, accordingly, is vested with the authority to transfer and/or assign the ownership rights of the said franchises to interested parties.

Sri Lanka Cricket and The IPG Group remain committed to upholding the integrity, standards, and success of the Lanka Premier League and look forward to an exciting upcoming season with renewed participation.

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