Ndb fraud News

Governance in Crisis: Analyzing the NDB Financial Scandal and Regulatory Silence.

The alleged Rs. 13.2 billion financial discrepancy at the National Development Bank (NDB) has triggered a national debate on institutional accountability, audit failures, and the effectiveness of oversight bodies in Sri Lanka.

SriLankan Airlines Launches Probes into Financial Irregularities in UAE and India.

Central Bank of Sri Lanka Conducts Nationwide Audit of Financial Institutions Following NDB Fraud.

Following a major financial misappropriation at NDB, the Central Bank of Sri Lanka has confirmed it conducted a comprehensive audit of all banks to ensure no similar systemic irregularities exist elsewhere.

Parliamentary Watchdog Grills Central Bank Over NDB Bank Internal Control Failures.

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.

Parliament Demands Accountability Following Alleged Multi-Billion Rupee Fraud at NDB Bank.

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

Hopes Fade for Recovery of Rs. 13.2 Billion Lost in Major NDB Bank Fraud.

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.

Registration of Persons Department Issues Urgent Fraud Alert Regarding e-NIC Scam.

Major Security Breach Exposes Data of 500,000 UK Biobank Participants.

Fitch Ratings Lowers NDB National Credit Rating Following Major Fraud Incident.