Sri Lanka Police's Financial Crimes Investigation Division (FCID) has arrested a 34-year-old businessman from Maradana over alleged overseas transfers totalling approximately US$80 million, or around Rs.23 billion.
Police say the transactions occurred between 2023 and 2025.
According to investigators, the funds were transferred to foreign countries through telegraphic transfers (T/T), purportedly as payments for imported goods.
Investigation continues
The FCID is continuing investigations into the transactions.
At this stage, the following remain allegations under investigation:
- whether the transfers were illegal;
- whether the claimed imports were fictitious;
- whether false documentation was used;
- the suspect's criminal liability.