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Former GM of Coconut Cultivation Board arrested for misappropriation of Rs. 77Mn

25 March 2024 12:04 pm - 7     - {{hitsCtrl.values.hits}}

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Colombo, March 25 (Daily Mirror) - The former General Manager of the Coconut Cultivation Board was arrested for allegedly misappropriating over Rs. 77 million from the Employees Provident Fund, police said.

A senior police officer confirmed that the 64-year-old suspect from the Delgoda area was taken into CID custody on Friday following an investigation into the complaint of alleged misappropriation of Rs. 77,722,691 from the EPF.

The suspect is scheduled to be produced before the Magistrate's court, Kaduwela, the police said.


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  Comments - 7

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  • Mori Monday, 25 March 2024 12:33 PM

    Nothing happen in these boards...close down and save the money....

    Nihal Dharmatileke Monday, 25 March 2024 01:02 PM

    Scrutinise the newly rich, because there are too many who have become too rich too soon. This man is a classic example.

    Wagner Monday, 25 March 2024 01:24 PM

    Most of the people who are holding high posts in various Boards are pimps of vvips so nothing will happen

    Who was appointed to what position is a dilemma! Monday, 25 March 2024 04:33 PM

    This man could not have done the fraud alone. At least two more should be complicit to the crime, as a cheque has to be signed by 2 authorized officers. In the meantime, head aches of Rajapassas is increasing with more of their henchmen in the net. A case of bogus passports involving two other guys is screaming.

    The Public Monday, 25 March 2024 05:42 PM

    It seems there's a high probability that a NPP government will come to power in the elections to come. If that's the case, the people's wish is that the wealth and assets of all the current and recent cabinet ministers, presidents, PMs, all ruling party politicians and their close family members and allies should be investigated for misappropriation and corruption.

    GM Paaharayaa Monday, 25 March 2024 06:01 PM

    Wow! May be he built a hotel by now.

    Navi Tuesday, 26 March 2024 12:00 AM

    Not necessary to wait for the Court decision. Confiscate everything he and his family own. Such basta*ds must be given lifelong punishment. Enough is enough.


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