Sri Lanka, June 10 -- While Sri Lanka is grappling with a dollar crisis, investigations conducted by the police and Sri Lanka Customs have uncovered a massive scam where millions of US Dollars including the Rs.13 billion NDB fraud was siphoned out of the country under the guise of importing goods since 2023.

In a shocking revelation, the government revealed in Parliament yesterday that the Rs.13 billion fraud from the NDB Bank was also sent out in US dollars causing massive drain on foreign exchange. The monies had shockingly been siphoned out by certain companies through Telegraphic Transfer (TT) to overseas companies in the guise of importing goods.

Public Security Minister Ananda Wijepala told Parliament yesterday that the monies in...