News

CID ordered to develop program to reimburse ‘Onmax DT’ depositors

Published

1 month ago

December 11, 2024

editor

The Criminal Investigation Department (CID) has reported to the Colombo Magistrate’s Court that a total of 2,017 complaints have been filed by depositors who claim to have been cheated out of their money after investing in ‘Onmax DT,’ a private firm alleged to have been operating a pyramid scheme.

According to the CID, the total estimated financial losses incurred by the complainants amounts to around Rs. 2.96 billion.

During a hearing before Colombo Chief Magistrate Thilina Gamage today (11), CID officials disclosed that a total of 865 new complaints have been received since the last hearing, and that additional complaints continue to be received.

Nine suspects, including the directors of Onmax DT, appeared before the court for the hearing. The CID further informed the court that three other suspects remain overseas, and open warrants have been issued for their arrest.

Investigations against the suspects are being conducted under the Prevention of Money Laundering Act and the CID revealed that inquiries into two suspects have been completed and the excerpts of the investigations have been referred to the Attorney General.

Additionally, the CID officials informed the court that properties belonging to the suspected directors have been identified in foreign countries, including Australia, and investigations are being carried out in collaboration with the INTERPOL.

Colombo Chief Magistrate Thilina Gamage instructed the CID to immediately develop a program to reimburse the depositors who suffered financial losses.

The court ordered the CID to present an update on the progress of the investigation at the next hearing, scheduled for February 5, 2025.

(adaderana.lk)

(This story, originally published by adaderana.lk has not been edited by SLM staff)

News

SJB appoints committee for talks on working together with UNP

Published

9 hours ago

January 16, 2025

editor

The Working Committee of the Samagi Jana Balawegaya (SJB) has approved a proposal for discussions to work together with the United National Party (UNP).

Accordingly, a five-member committee, headed by SJB General Secretary – Ranjith Madduma Bandara, has been appointed for the discussions.

News

China pledges to back sovereignty, territorial integrity & independence of SL (Video)

Published

9 hours ago

January 16, 2025

editor

Zhao Leji, Chairman of the Standing Committee of the National People’s Congress (NPC) of China, stated that China is committed to supporting Sri Lanka’s sovereignty, territorial integrity, and independence.

This statement was made during a meeting between President Anura Kumar Disanayake and Zhao Leji, which took place earlier today (Jan. 16) as part of President Disanayake’s four-day official visit to China.

During the meeting, Chairman Zhao warmly welcomed President Disanayake, further emphasizing that working with Sri Lanka in a continuous and cooperative manner is a key expectation of the Chinese National People’s Congress.

Minister of Foreign Affairs, Foreign Employment, and Tourism – Vijitha Herath, Minister of Transport, Highways, Ports, and Civil Aviation – Bimal Rathnayake, Chinese Ambassador to Sri Lanka – Qi Zhenhong and Sri Lankan Ambassador to China – Majintha Jayesinghe, were also present at the event.

(President’s Media Division)

BIZ

SL President holds talks with globally renowned Chinese companies (Pics)

Published

10 hours ago

January 16, 2025

editor

During his four-day state visit to China, President Anura Kumara Disanayake held a series of strategic discussions with several globally acclaimed leading Chinese corporations following his participation in an investment forum organized by both public and private sector entities in China.

Among the prominent companies involved in these discussions were the China Communications Construction Company Ltd (CCCC), China Petrochemical Corporation (SINOPEC Group), Metallurgical Corporation of China Ltd (MCC), Huawei and BYD Auto.

President Disanayake highlighted the investment opportunities available in Sri Lanka and assured these corporations that the government is committed to providing all necessary facilities and support to investors to foster a business-friendly environment.

Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath and Minister of Transport, Highways, Ports and Civil Aviation Bimal Rathnayake also participated in these significant engagements.

(President’s Media Division)