News
 

Company MD, employee in alleged commission fraud
The Colombo Fort Magistrate granted bail to two suspects allegedly involved in misappropriating over rupees five million from Prime Carbon Lanka (Pvt) Company.

The director of the company had complained to the CID that the suspects, Sisira Amarasekera, the Managing Director of the company and P.N. Cooray, an employee, had committed the crime by producing false documents and collecting the said sum as commissions.

The company policy was to grant a three percent commission on export orders of activated carbon through them by outsiders. The CID investigations disclosed that the suspects had allegedly prepared vouchers for some outsiders, stating that they had arranged foreign buyers and collected the commissions.

They had also allegedly forged documents for credit cards stating that they were employees of the company. The suspects were released on bail and their passports impounded. They were also ordered to appear before the CID every Sunday between 9.00 a.m and 12.00 noon.

Top  Back to News  

Copyright © 2001 Wijeya Newspapers Ltd. All rights reserved.