Sri Lanka, April 22 -- Reports claiming that USD 2.5 million from Sri Lanka's Treasury may have likely been diverted to cybercriminals has sparked concern, with the government yet to respond to the allegation highlighted by the country's opposition.

Opposition Leader Sajith Premadasa today (22) claimed that USD 2.5 million, reportedly paid by the Treasury as part of a debt settlement linked to a USD 22.9 million loan, had apparently "disappeared" from state funds.

Premadasa alleged that the incident highlights serious weaknesses in the country's financial management system, stating that institutions such as the Ministry of Finance, the Treasury, and the Central Bank appear incapable of effectively managing financial processes.

He furth...