Alleged misappropriation estimated at Rs.1.3 billion

16 November 2022 08:01 pm Views - 2782

The CID conducting investigations into a massive financial fraud relating to Thilini Priyamali  today informed the court that the ongoing investigations have  revealed Thilini Priyamali had allegedly  misappropriated more than 1.3 billion rupees of funds invested in her companies.

The CID made this revelation when the nine cases filed against Thilini Priyamali were called before Colombo Fort Magistrate Thilina Gamage. The court was informed that investigations have revealed that Isuru Bandara, a suspect in the case, exchanged Rs.40 million to $120,000 from several money exchange centers in Colombo and brought them into Thico Group Private Ltd in two suit cases.The CID further informed the court that Thilini Priyamali is currently possessing  two national identity cards and two passports.  

Meanwhile, several suspects including owner of Thico Group Private Ltd Thilini Priyamali, Ven. Borelle Sirisumana Thera and businesswoman Janaki Siriwardena further remanded till November 30 by Colombo Fort Magistrate's Court. (Lakmal Sooriyagoda)