header logo
Mogo Academy
Latest
Sri Lanka Cricket’s CFO further remanded
Nov 01, 201804:35 PM
Sri Lanka Cricket’s CFO further remanded
Mobitel Inner

The Chief Financial Officer (CFO) of Sri Lanka Cricket, Piyal Dissanayake, who was arrested for alleged financial fraud, has been further remanded until November 15 by the Colombo Chief Magistrate’s Court.

 

The bail application filed by the attorney representing the SLC’s CFO was rejected by the court, which ordered to further remand him until November 15.

 

When the case was taken up today (1), the Criminal Investigations Department (CID) requested the court to issue the necessary directives allowing scrutiny of several bank accounts in connection with the ongoing investigation including the bank account of the defendant’s wife.

 

Accordingly the court ordered the banks to allow the CID to inspect a total of 19 bank accounts.

 

Dissanayake was arrested on Monday following a complaint lodged by the SLC to the Inspector General of Police.

 

The arrest of the Sri Lanka Cricket CFO is related to an alleged financial fraud, which was unearthed last September.

 

An alleged attempt to transfer to an offshore account USD 5.5 million connected to the broadcasting rights of the current England tour of Sri Lanka was reported to the police’s crime investigation department.

 

The SLC had cited the CFO Nandana as the prime suspect, who had claimed that his e-mail account had been hacked and sent the request to transfer the money to an off shore account. He was sent on compulsory leave.

 

The money was one of the three tranches coming from Sony Picture Networks for broadcast rights of the England tour.

 

 

 

MostRead
Mobitel Upahara
VideoStories
Opposition submits UN complaint over proposal to extend judges’ retirement age

Opposition submits UN complaint over proposal to extend judges’ retirement age

Dengue cases surge with 15,856 reported in first half of July; Gampaha District tops figures

Dengue cases surge with 15,856 reported in first half of July; Gampaha District tops figures

Wimal Weerawansa’s brother remanded over alleged misuse of state-owned vehicles

Wimal Weerawansa’s brother remanded over alleged misuse of state-owned vehicles

Legal gambling can generate significant state revenue  - Dr. Harsha de Silva at CoPF

Legal gambling can generate significant state revenue - Dr. Harsha de Silva at CoPF

Negombo Prison Clash death toll climbs to 31; 40 officers assigned to probe unrest, court informed

Negombo Prison Clash death toll climbs to 31; 40 officers assigned to probe unrest, court informed

"If IMF is our hope, do we need a President?" Treasury filled by emptying public's pockets: Dilith

"If IMF is our hope, do we need a President?" Treasury filled by emptying public's pockets: Dilith

“Unreported dengue cases may be much higher” Dengue caseload nears 70,000, deaths at 48

“Unreported dengue cases may be much higher” Dengue caseload nears 70,000, deaths at 48

Cabinet nod given for new framework to combat money laundering and terror financing

Cabinet nod given for new framework to combat money laundering and terror financing

“Outbreak similar to 2017 dengue crisis looming” - 175 MOH divisions identified as high-risk zones

“Outbreak similar to 2017 dengue crisis looming” - 175 MOH divisions identified as high-risk zones

A Timeless Voice Falls Silent, A Legacy Lives On... Mariazelle Goonetilleke laid to rest

A Timeless Voice Falls Silent, A Legacy Lives On... Mariazelle Goonetilleke laid to rest

“NPP Govt. has abandoned its promises ”Govt. continues to burden public to please IMF - Sajith

“NPP Govt. has abandoned its promises ”Govt. continues to burden public to please IMF - Sajith

“Not a racist alliance” - Six Tamil-speaking political parties unite under joint platform

“Not a racist alliance” - Six Tamil-speaking political parties unite under joint platform

“AI and digital platforms reshaping global media”  'Media Fest 2026' delves on future of journalism

“AI and digital platforms reshaping global media” 'Media Fest 2026' delves on future of journalism

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

Lassana Flora