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v2025

Suspect Arrested Over Alleged US$80 Million Overseas Money Transfers

A suspect accused of transferring approximately US$80 million, equivalent to around Rs. 23 billion, to overseas accounts has been arrested in Maradana by the Financial Crimes Investigation Division (FCID) of the Sri Lanka Police.

According to police, the suspect allegedly carried out the transfers through telegraphic transactions between 2023 and 2025.

The arrest was made as part of an ongoing FCID investigation into the alleged movement of a substantial amount of money from Sri Lanka to foreign accounts.

Investigators are now examining the source of the funds, the purpose behind the transactions and the individuals or entities connected to the overseas accounts.

Further investigations are being conducted to establish the full circumstances surrounding the alleged transfers.

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