Relative of Shalila Moonesinghe detained by CID
October 17, 2017 07:37 pm
The CID arrested a relative of former Chairman of Litro gas Shalila Moonesinghe at Kalubowila over the transfer of funds from a bank in Taiwan.
The Criminal Investigations Department (CID) arrested Litro Gas chairman N.M.S. Moonesinghe in connection with the transfer of 1.1 million USD from the far Eastern Bank of Taiwan to a Sri Lankan bank account earlier this month.
The Ministry of Public Enterprise Development directed the Chairman of Sri Lanka Insurance Corporation Limited to remove Mr Shalila Moonesinghe from the post of Chairman of Litro Gas Lanka Limited following his arrest.
Litro Gas Lanka Limited is a fully-owned subsidiary of Sri Lanka Insurance Corporation (SLIC) which falls under the purview of the Ministry of Public Enterprise Development.
The SLIC Chairman has also been instructed to appoint an Acting Chairman as soon as possible.
As the money transaction involves a Bank of Ceylon account, Minister of Public Enterprise Development Kabir Hashim has instructed the Secretary to provide the ministry’s utmost support for all legal affaris pertaining to Litro Gas Lanka Ltd and Bank of Ceylon.
He has also ordered that a ministry level inquiry be carried out with regard to the allegations.