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Araliya Holdings defrauds millions before ending operations!

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A housing construction company named Araliya Holdings Lanka Pvt. Limited at the address No. 915/5, Udawatta Road, Malabe has defrauded millions of rupees from customers before ending operations.

The Mirihana Police have received more than 10 complaints regarding this incident.

Police investigations revealed that this institution has been operated by a person named D.U. Krishantha Lakruwan Sirisena which is a fake name.

A photograph of the suspect and his vehicle is shown below.

The suspect’s residential address is given as No.28, Lake Drive, Rajapihilla Mawatha, Kandy.

The perpetrators have published advertisements on Facebook luring in customers to pay only Rs.3 million as down payment to construct a house with three bedrooms and a bathroom worth Rs. 8.5 million.

They have also said that a loan will be given at an interest rate of 12% per annum to settle the remaining amount.

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