Forex Fraud Investigation and Corruption
Authorities have been urged to investigate an alleged US$1 billion forex fraud involving regulatory lapses by the Central Bank, Customs, and commercial banks. The COPF has been called to launch an urgent probe into the matter.
Nothing says "we've got this under control" like urgently summoning everyone after a billion dollars already took its vacation. At this point, the Central Bank, Customs, and commercial banks are basically attending a support group meeting where someone asks "so... who was supposed to be watching the till?"
🚨 COPF has been urged to launch an urgent probe into an alleged US$1 billion forex fraud, with calls to summon the Central Bank, Customs, and commercial banks over regulatory concerns. Read more: https://t.co/FtTCOaO3Tl #SriLanka #ForexFraud https://t.co/2GSvRSnU6B