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Five-member team probes missing $2.5m Australian loan installment
Colombo, April 22 (Daily Mirror) - The Finance, Planning and Economic Development Ministry has appointed a five-member technical committee to investigate the disappearance of more than AUD 2.5 million (approximately Rs. 800 million) paid as an installment of an Australian loan.
According to a statement issued by the Ministry, the committee comprises two Deputy Secretaries to the Treasury and will be co-chaired by A. N. Hapugala and S. S. Mudalige.
The other members include Director General of the National Planning Department K. T. I. Premaratne, Additional Director General of the Legal Affairs Department A. K. D. D. Arandara, and Assistant Director of the Information Technology Management Department E. D. Shirantha.
The Ministry said that the committee has been tasked with probing the risk of fraudulent payment instructions received via email, which may have led to the disappearance of the funds remitted to Australia.
The committee has been instructed to conduct a comprehensive investigation into the incident and submit its report at the earliest possible time.
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