Sri Lanka, April 25 -- Significant progress has been made in investigations into the incident in which a loan installment of USD 2.5 million owed by the government to a foreign entity was diverted to an external party, the Deputy Minister of Digital Economy, Eranga Weeraratne stated.

The incident, in which funds paid by the Treasury were allegedly misdirected into the hands of cybercriminals, has generated widespread concern in the country.

Comprehensive investigations are currently underway, and several rounds of discussions on the matter were held at the Ministry of Finance yesterday (24).

Deputy Minister Weeraratne noted that a specialized cybersecurity protection system has been established, integrating 37 key institutions in the c...