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Son and daughter-in-law of biggest Chinese investor in SL remanded!

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A Chinese couple arrested by the Criminal Investigation Department (CID) were ordered to be remanded in connection with a large-scale pyramid scam of nearly Rs.15,000 million that defrauded many people of various status.
The CID officials informed the court that the two suspects were arrested in connection with the extensive investigation conducted into the scam in which they have introduced a computer software called “Sports Chain” and defrauded the people who are connected to it.
The suspects had organised conferences in major hotels in Colombo in order to lure people engaged in various professions.
Upon inspection of the bank accounts of these suspects, State Counsel Hamsa Abeyratne told the court that Rs.1.4 billion has been circulated in the accounts and investigations are continuing to find the source of the funds.
He said that the investigations into this incident are still in the preliminary stage and that during the interrogation of the main suspect Shamal Bandara, facts related to the two Chinese nationals were revealed through a WhatsApp message sent from his phone.
The lawyers appearing for the suspects said that the facts regarding these suspects have not been reported to the court before. He said that the incident cannot be considered an offence but a work that falls under digital currency and that attention is being paid to legalise this in Sri Lanka soon.
He informed the court that the suspect, who is the son of the biggest Chinese investor in Sri Lanka, has not committed such an offence.
The CID told the court that they have received 70 complaints regarding the scam and that more suspects will be arrested in the future.
Colombo Additional Magistrate Harshana Kekunawela imposed a travel ban on seven heads of the company called “Sport Chain Society Sri Lanka” for defrauding over Rs.8,000 million from a group of people who invested money in the pyramid scheme, and ordered the freezing of five of their bank accounts.
Source – The Island

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Zhuhai Airshow kicks off

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Zhuhai Airshow kicks offThe 15th China International Aviation and Aerospace Exhibition, also known as Airshow China or the Zhuhai Airshow, opened on Tuesday in Zhuhai City of south China’s Guangdong Province. 

The highly-anticipated biennial aerospace trade show will run until Sunday, and a four-hour flight demonstration, including performances of aerobatic teams and military jets, will be staged each day of the event. 

On the first day, China’s J-20 and J-35A stealth fighters, along with Russia’s Su-57 stealth fighter, performed stunning aerobatics on the same aerial stage for the first time. 

At the outdoor and indoor exhibition areas of the airshow, equipment of China’s army, navy and air forces are on display, including the debut of the J-15D carrier-based fighter, the debut of the HQ-19 surface-to-air missile weapon system, and the new reconnaissance and strike drone. 

This year’s airshow also features the debut of lunar soil samples brought back by China’s Chang’e-6 mission from the far side of the moon in June this year and a separate exhibition zone displaying unmanned aerial vehicles and unmanned ships. 

The airshow has attracted 1,022 companies from 47 countries and regions to showcase their star aviation and aerospace products, including a record number of products being debuted to the public at the event. 

On the sidelines of the airshow, domestic airlines signed orders with Commercial Aircraft Corporation of China (COMAC) for a total of 130 C909 and C919 passenger planes. 

Meanwhile, Air China has signed an intention agreement with COMAC to become the first customer of the C929 wide-body aircraft.

(CCTV +)

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Ex-MPs asked to hand over firearms by Dec. 30

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The Defence Ministry has notified former Members of Parliament, Provincial Councils and leaders of political parties and organisations, as well as officials in executive positions of the government, to surrender firearms and ammunition issued to them, by December 30, 2024. 

Issuing a statement today (Nov. 12), the Ministry requested that they be handed over to the nearest police station by the deadline.

The statement also said that Police OICs have been instructed to take steps to check which individuals had received firearms, and to take the weapons into custody.

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Gazette issued summoning new Parliament

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President Anura Kumara Dissanayake has issued a proclamation summoning the new Parliament to meet on Nov. 21 at 10.00 am.

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