Fort Magistrate and Additional District Judge Lanka Jayaratne yesterday remanded Chairman of the Litro Gas Lanka Ltd N.M. Shalila Moonesinghe arrested by the CID for allegedly hacking into Far Eastern International Bank of Taiwan computer system and defrauding USD 2.3 million (over 320 million LKR).
The Additional District Judge gave the remand order after CID pointed out to the court that M.C. Nammuni another suspect taken into custody on Oct 7 over the same case was under remand custody till today.
CID informed the court that the two suspects engaged in the fraud with the assistance of two Indians who had resided at a leading hotel in Colombo, but fled to Dubai on Oct 08.
When the first suspect Nammuni withdrew money from a headquarters branch of the state bank in Colombo on Oct 3, the second suspect Moonesinghe was with him; the CID said adding that they had video evidence obtained from the bank to prove it. The CID had been able to recover six million rupees from the possession of the suspects and the suspects had divulged that they had paid Rs 15 million to one of the Indians who assisted them.
The CID informed the court that it was the second instance of a fraud of that nature uncovered in Sri Lanka. Those frauds would tarnish the image of Sri Lanka and would cause suspicion among foreign investors who were willing to invest here. Such eventuality would be a massive blow to the Lankan economy; the CID said adding that they were further investigating to track down the other suspects in the case.