Rs. 43Mn financial fraud: Court summons Colombo business couple

The suspects had issued  dishonoured cheques for a sum obtained from another businessman for  business purposes, thereby allegedly defrauding him

By Bhagya Silva   

Colombo Fort Magistrate Nilupuli Lankapura issued notice to  businessman Narej Parasuram Bhoomani and businesswoman Meena Bhoomani,  instructing them to appear before court on August 20 in connection with a  cheque fraud case involving over Rs. 43 million.   

According to the complaint, the suspects had issued  dishonoured cheques for a sum obtained from another businessman for  business purposes, thereby allegedly defrauding him of Rs. 43.2 million.  

The suspects have been charged under the Recovery of Loans  by Banks (Special Provisions) Act, based on a complaint filed by a  businessman from the Negombo area in 2023.   

The charge sheets were filed following investigations  conducted under the supervision of Additional Solicitor General Dileepa  Peeris.   

Court was informed that the total amount given to the  suspects was Rs. 13,205,572, and as this amount has not yet been repaid,  the total fraud calculated in accordance with the loan agreement  amounts to Rs. 43,205,572.   

The investigating officer further informed court that, as  per the advice of the Attorney General, the charges filed are  non-compoundable and requested court to issue notice for the suspects to  appear.