Financial crime News

Allegations of Widespread Extortion Surface in Monaragala Disaster Relief Distribution.

The Evolving Threat: How Digital Fraud is Reshaping Financial Security in Sri Lanka.

Severe Security Lapses in Sri Lanka's Treasury Payment Systems Sparks Urgent Audit.

The diversion of $2.5 million from a state foreign debt payment has triggered a national debate regarding the security and verification protocols governing Sri Lanka's high-value government transactions.

Sri Lanka Faces Financial Security Crisis Following $2.5 Million Cyber Heist.

Sri Lanka Escalates Fraud Alert as 'Pig-Butchering' Cyber Scams Surge.

International Investigation Tracks Stolen $2.5 Million Treasury Funds to Delaware.

Serious Financial Irregularities Surface: Aswesuma Overpayments and NDB Bank Fraud Concerns.

Recent reports reveal a Rs. 500 million overpayment in the Aswesuma welfare program, alongside allegations of a Rs. 13.2 billion fraud at NDB Bank, sparking urgent calls for parliamentary inquiries and regulatory accountability.

Sri Lanka Government Clears Air on $2.5 Million Cyber Fraud Impact on Debt Status.

Government Authorities Probe Series of Financial Irregularities and Project Data Manipulation.

A String of High-Stakes Financial Frauds Rock Sri Lanka’s Economic Landscape.

Sri Lanka is grappling with a series of significant financial irregularities, including a massive internal bank fraud and multiple government-level payment security breaches, raising urgent concerns over governance and oversight.

Legal Consequences Loom as Finance Ministry Secretary Skips Key Parliamentary Committee Hearing.

Legal experts warn that the Finance Ministry Secretary could face severe penalties under the Parliament (Powers and Privileges) Act after failing to appear before the Committee on Public Finance regarding a suspicious $2.5 million transfer.

Sri Lanka Faces New Financial Security Breach Following $625,000 Payment Disappearance.