header logo
Asia asset finance
Latest
Australian HC confirms ongoing probe over irregularities in payments owed by Sri Lanka to Australia
Apr 23, 202602:48 PM
Australian HC confirms ongoing probe over irregularities in payments owed by Sri Lanka to Australia

The Ministry of Finance is currently probing irregularities in payments owed by Sri Lanka to the government of Australia, the Australian High Commission in Colombo stated.

 

The High Commission said Sri Lankan authorities are investigating the matter, and are coordinating with Australian officials who are assisting the ongoing probe.

 

The High Commission added that the government of Australia remains committed to supporting Sri Lanka’s efforts to return to debt sustainability.

 

The Ministry of Finance, Planning and Economic Development yesterday stated that it has already lodged complaints with law enforcement agencies and other relevant institutions regarding the theft committed by cyber hackers who breached the computer system of the External Resources Department of the Ministry of Finance.

 

Based on identified information relating to a foreign currency payment in January 2026, the Ministry of Finance, Planning and Economic Development informed the Sri Lanka Computer Emergency Readiness Team (SL-CERT) and the Computer Crime Investigation Division of the Sri Lanka Police, according to the statement.

 

Based on the investigations carried out, a complaint was subsequently lodged with the Criminal Investigation Department (CID) and the Financial Intelligence Unit (FIU) of the Central Bank, it said.

 

A preliminary internal inquiry has also been conducted in this regard, necessary actions have been taken, and disciplinary actions have been initiated against several officials, the ministry further clarified.

 

The Ministry of Finance, Planning and Economic Development said it will continue to extend the necessary cooperation and has already provided the required information to support the investigations that are being conducted by the relevant law enforcement agencies.

 

“Since investigations are currently underway, updates regarding this matter will be provided at an appropriate time in the future, so as not to disturb those ongoing investigations,” it added.

 

The Finance Ministry stated that in accordance with the existing agreements between Sri Lanka and foreign jurisdictions, necessary future arrangements will be made regarding this matter.

 

 

 

MostRead
Mobitel 5g
VideoStories
Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

Private bus operators demand 5% fare revision following the fuel price hike

Private bus operators demand 5% fare revision following the fuel price hike

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Cabinet approves allocation of over Rs. 500 million  for key development projects in 23 cities

Cabinet approves allocation of over Rs. 500 million for key development projects in 23 cities

“Govt. will fulfill public aspirations”  Past welfare programs fostered political dependency: PM

“Govt. will fulfill public aspirations” Past welfare programs fostered political dependency: PM

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

“Preserving the Himalayas, a global responsibility”  Nepal Embassy celebrates Int'l Sagarmatha Day

“Preserving the Himalayas, a global responsibility” Nepal Embassy celebrates Int'l Sagarmatha Day

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

Lassana Flora