Srilanka, Sept. 10 -- An individual has been arrested in Maradana over allegations that approximately US$80 million, equivalent to more than Rs. 23 billion, was illegally transferred from Sri Lanka to overseas accounts under the guise of importing goods.



The arrest was made by the Police Financial Crimes Investigation Division (FCID) following a complaint lodged by Sri Lanka Customs regarding several companies suspected of remitting large sums of money overseas while claiming the funds were intended for the importation of goods.



Investigations conducted by the FCID reportedly revealed that the alleged fraudulent scheme was being operated by a resident of Maradana.



According to investigators, the suspect had transferred approx...