Former GM of Coconut Cultivation Board arrested for misappropriation of Rs. 77Mn

• The 64-year-old suspect was taken into CID custody on Friday

The former General Manager of the Coconut Cultivation Board was arrested for allegedly misappropriating over Rs. 77 million from the Employees Provident Fund, police said.

A senior police officer confirmed that the 64-year-old suspect from the Delgoda area was taken into CID custody on Friday following an investigation into the complaint of alleged misappropriation of Rs. 77,722,691 from the EPF.
The suspect is scheduled to be produced before the Magistrate’s Court, Kaduwela, the police said.