Written by Keshala Dias
12 Apr, 2018 | 9:02 pm
COLOMBO (News 1st) – Two Chinese nationals who were arrested by the Police Financial Crimes Investigations Division (FCID) over suspicious transactions in accounts maintained at a private bank, were further remanded until the 24th of April.
The suspects were produced before Fort Magistrate Lanka Jayaratne today (April 12th).
The suspicious accounts had been maintained by three Chinese nationals – two of them were arrested and produced in court. The three accounts have been frozen and as of now, the accounts contain a total of Rs. 958 million.
Last week, submitting a report the FCID pointed out that the suspects had wired money from their bank accounts in China to an agent who thereafter wires the payment to a person in Madagascar, who in turn sends gems to Sri Lanka.
Today (April 12), the Magistrate ordered the FCID to conduct a separate investigation under the Prevention of Money Laundering Act to determine how the Chinese men generated money to buy gems.
In addition, an order was issued to conduct a separate inquiry to determine if the suspects had violated any immigration and emigration laws in the country.
Detectives believe the three Chinese nationals who had almost a billion rupees in their bank accounts in Sri Lanka are part of an international organised criminal enterprise.
14 Feb, 2020 | 08:47 AM
11 Feb, 2020 | 09:04 AM
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