FCID generates hundreds of millions in revenue

News

The Financial Crimes Investigation Division (FCID), which completes two years today, is perhaps the only unit in the Police Department to generate revenue other than conduct investigations.

As a result of its probe, what was then claimed to be an 18 acre property in Malwana allegedly belonging to former Minister Basil Rajapaksa is to be sold by public auction on March 29. The price for sale would be more than Rs. 208 million, the value placed by the Government Valuer. Public announcements about the auction have been made through media advertisements.

Earlier, the FCID deposited with the Consolidated Fund Rs. 163 million allegedly belonging to the Carlton Sports Channel. The money was deposited in the Consolidated Fund.

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