Financial Crime Investigation Division (FCID) conducting investigations against three Chinese over their suspicious financial transactions in Sri Lanka, informed court that the Chinese nationals have deposited Rs. 950 million at a private bank in Sri Lanka.
The FCID informed Colombo Fort Magistrate Lanka Jayaratne that the documents submitted by the suspects to obtain visas were also false.
President’s Council Jayantha Weerasinghe appearing for the suspects requested bail. Colombo Fort Magistrate granted permission to the defence to file a written submission regarding the bail request on April 20. The order regarding the bail application is to be made on April 23.
The suspects were arrested under the provisions of the Prevention of Money Laundering Act. The FCID commenced investigations following a complaint made by a director of the Central Bank’s Intelligence unit under the Prevention of Money Laundering Act No. 5 of 2006.