The Colombo Fort Magistrate's Court yesterday granted permission for the Financial Crimes Investigation Division (FCID) to record a statement from former Central Bank Governor Ajith Nivard Cabraal over an alleged financial fraud amounting to Rs.600 million.
The FCID has also been allowed by court to investigate Mr Cabraal's bank accounts.
The alleged fraud is said to have taken place during the former Government's ultimately unsuccessful bid to host the 2018 Commonwealth Games in Hambantota. The games were awarded to Gold Coast in Australia.
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Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred
The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.
Former Sports Minister Mahindananda Aluthgamage and former Sathosa Chairman Nalin Fernando have sentenced to 20 and 25 years respectively after they were found guilty in a case of fraud.
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