Search results
Results from the WOW.Com Content Network
COLOMBO, Sri Lanka — Protesters in Sri Lanka, where a devastating economic crisis has upended people’s daily lives, were angry but not sorry to learn the man they blame for their troubles ...
The 2022 Sri Lankan political crisis was a political crisis in Sri Lanka due to the power struggle between President Gotabaya Rajapaksa and the people of Sri Lanka. It was fueled by the anti-government protests and demonstrations by the public due to the economic crisis in the country .
[184] [185] The news that Uganda was going to be blacklisted due to money laundering went viral in Sri Lanka among protesters and social media users, who speculated that Rajapaksa family members and influential politicians in the government could have possibly transferred ill-gotten wealth to Uganda on cargo flights via the Sri Lankan Airlines ...
Central Bank of Sri Lanka bond scandal which is also referred as CBSL bond scam was a financial laundering scam which happened on 27 February 2015 and caused losses of more than US$ 11 million to the nation. [1]
The Sri Lankan economic crisis [8] is a in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
The chief financial officer of conservative global news outlet The Epoch Times has been arrested and charged with leading a yearslong scheme to launder at least $67 million in illicit funds ...
In 2008–2009, a report on "Money laundering and the financing of terrorism" to the European Union Committee stated a case study related to the LTTE which evidenced the implantation of this terrorist group in number of EU member states. [22] In January 2011, Swiss authorities arrested several LTTE members on money laundering charges. [23]
The Financial Crimes Investigation Division was formed on 26 February 2015 under the purview of Sri Lanka Police Service. FCID is directly responsible in handling the investigations on the corruption charges against the Rajapaksa Administration and the public service that involved in large-scale corruption which led to destabilize the Government revenue.