Alleged massive financial fraud Thico Group owner Thilini Priyamali remanded

By Lakmal Sooriyagoda  

The owner of Thico Group Private Ltd Thilini Priyamali was yesterday ordered to be remanded till October 19 after being produced before Colombo Fort Magistrate’s court over allegedly misappropriating Rs.226 million, USD 60,000, and Australian $100,000 while operating a luxurious office at World Trade Center in Colombo. 

Producing the suspect before Court, the CID alleged that the suspect had befriended several businessmen running their business operations adjacent to her office. The CID said the suspect had obtained money from businessmen by promising high returns. The CID further alleged that the suspect is currently having eight other court cases over similar incidents.