Colombo Chief Magistrate Asanga S. Bodaragama today (05) ordered that two suspects, including Jiffry Mohamed, be further remanded until March 12 over an incident where Rs 190 billion was allegedly sent abroad illegally under the pretext of importing goods into the country.
When the case was taken up, prison officials produced the first and eighth suspects before the court. Officers from the Financial Crimes Investigation Division informed the court that objections against granting bail to the suspects were filed today.
Key Points
- The order was issued regarding an incident where Rs 190 billion was illegally transferred overseas.
- The suspects were remanded by Colombo Chief Magistrate Asanga S. Bodaragama.
- The Financial Crimes Investigation Division filed objections against granting bail to the suspects.
Submissions made to court on investigations
Investigating officers informed the court that steps are being taken to obtain and present the final assessment reports and other documents required for the inquiries being conducted into the import and export activities. They also stated that they expect to record and submit statements from individuals who contributed to setting up and establishing the foundations of the companies concerned.
Officers mentioned that further investigations are being carried out regarding the first suspect, Jiffry Mohamed, and the eighth suspect. They also stated that relevant statements will be submitted to the court to determine whether there were any links between bank officers and the companies involved.
What happens next?
Taking the facts into consideration, the magistrate announced that the bail order regarding the suspects will be delivered on March 12.
