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Suspects arrested over financial fraud allegations

Suspects arrested over financial fraud allegations

03 Apr 2025 | BY Staff Writer

The Criminal Investigation Department (CID) has arrested 3 suspects in connection with a financial fraud case involving the Sri Lanka Ayurvedic Drugs Corporation.


The arrests took place after a complaint was filed by the General Manager of the Sri Lanka Ayurvedic Drugs Corporation, located at Old Kottawa Road in Nawinna, Maharagama, on 20 March.


The complaint, alleging that a sum of Rs. 27,031,024.15 was fraudulently obtained through altered cheques by manipulating data in the corporation’s computer software system led to the arrests on 1 April.


Accordingly, the suspects were produced before the Nugegoda Magistrate’s Court (MC) yesterday (2) and remanded until 11 April, while the CID continues to investigate.


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