Sri Lanka, July 23 -- Senior Deputy Inspector General of Police Asanka Karavita yesterday informed the parliamentary Committee of Public Finance (CoPF) that Rs.214.7 billion equivalent to US$ 715 million has been transferred out of the country from January 2023 to March 2026 under the guise of importing goods to Sri Lanka.

SDIG Karavita who is in charge of the Criminal Investigation Department said that the money has been transferred out of the country through Telegraphic Tranfers (TT) by 105 companies under the guise of importing goods but no goods have been brought to the country.

Speaking at the Committee on Public Finance, Karavita said that the Police began comprehensive investigations into the reports handed over to the Police by ...