A 25 year old resident from Wellampitiya has been ordered to remain in custody until October 15 by the Colombo Magistrate’s Court over allegations of illegally sending USD 25 million, equivalent to approximately Rs. 7.5 billion, abroad.
The suspect was taken into custody by the Police Financial Crimes Investigation Division (FCID) over suspected financial fraud involving transactions carried out between January 2024 and July 2025.
According to investigators, the money was transferred through commercial banks using six companies allegedly established as fronts. The transactions were reportedly declared as payments for imported goods, despite no actual imports being made in return.
