Two arrested over Rs 56 mn fraud at Sathosa

Two arrested over Rs 56 mn fraud at Sathosa

September 21, 2020   05:48 pm

Two individuals have been arrested in connection to a large-scale fraud at the Co-operate Wholesale Establishment (Sathosa).

Sathosa sources told Ada Derana that this was with regard to a fraud committed in 2017.

Reportedly, the suspects had obtained paddy stocks with Rs 56 million from Sathosa under the promise of supplying rice in return.

However, it is reported that the promised rice stocks had not been supplied subsequently.

The Criminal Investigation Department (CID) has made the arrest.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

State sector must embrace the entrepreneurial attitude – MP Dilith Jayaweera (English)

State sector must embrace the entrepreneurial attitude – MP Dilith Jayaweera (English)

Strait of Hormuz closure could trigger food crisis in Sri Lanka, prices may surge over 15%, study warns (English)

Minister convenes astrologers for a conference amid clash over 'Avurudu Nekath Seettuwa' (English)

🔴LIVE | Ada Derana Prime Time News Bulletin

🔴LIVE | Ada Derana Prime Time News Bulletin

🔴LIVE | Ada Derana Lunch Time News Bulletin 12.00 pm

Minister Bimal claims substandard coal import not the govt’s fault, but company's (English)

Indictments served on Energy Minister Kumara Jayakody; granted bail by court (English)