Alleged Remittance and Import Fraud Investigation
Reports on criminal investigation into alleged scheme to illegally transfer nearly Rs. 190 billion out of Sri Lanka disguised as import goods. Multiple companies are implicated and suspects have been remanded in custody.
Ninety companies importing goods? More like ninety companies importing *creativity* in accounting. Apparently someone finally figured out that "money laundering" sounds way worse than "aggressive supply chain optimization," so they decided to test that theory with 190 billion reasons.
A suspect arrested over an alleged scheme to illegally transfer nearly Rs. 190 billion out of Sri Lanka under the guise of importing goods has been remanded until July 9 by the Colombo Chief Magistrate’s Court. The suspect, Jeffrey Mohamed, was produced before Colombo Chief https://t.co/LnQ8r564wc
89 companies involved in alleged Rs. 190 bln outward remittance fraud, court told Read more: https://t.co/m9kLou34WN #lka #srilanka #adaderana #news #lanka #srilankanews #companies #remittance #fraud #court #imported #FCID