Colombo Chief Magistrate Asanga S. Bodaragama today (05) ordered two suspects, including a man named Jiffry Mohamed, to be remanded in custody until March 12 in connection with the illegal transfer of Rs 190 billion abroad 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 of the Financial Crimes Investigation Division (FCID) stated that they filed objections today (05) against granting bail to the two suspects.
Key Points
- Allegations have been leveled over the illegal transfer of Rs 190 billion abroad.
- The first and eighth suspects, including Jiffry Mohamed, have been remanded until March 12.
- The FCID objected to granting bail to the suspects.
- The order regarding bail is scheduled to be delivered on March 12.
Investigations continue
Investigating officers informed the court that they expect to submit the final assessment reports and other documents related to the investigations into the import and export process.
The officers also stated that statements will be obtained and submitted from those who contributed to establishing and laying the foundation for the relevant companies, and that further inquiries are being conducted regarding Jiffry Mohamed and the eighth suspect. In addition, statements related to examining whether there was any connection between bank officials and the companies concerned will be submitted to the court.
What happens next?
Taking the submissions into consideration, the Magistrate announced that the order regarding bail for the suspects will be delivered on March 12.
