Unauthorised forex transfers to become criminal offence

What it is about

Who published it, and when

How it spread - 4 original reports

1. Wed, 19 August 2026

   2 reports
   • ft.lk05:28first to report
     Unauthorised forex transfers to become criminal offence

     The Cabinet of Ministers has granted policy approval to amend Sri Lanka’s Foreign Exchange Act No. 12 of 2017 to make unauthorised transfers of funds overseas a criminal offence. ..

   • ft.lk05:29
     Rs. 74 b moved through 89 accounts in alleged Undiyal operation

     Cabinet Spokesman and Minister Dr. Nalinda Jayatissa yesterday disclosed that a total of Rs. 74 billion has allegedly been transferred overseas through 89 bank accounts in 10,151 transactions as part of an Undiyal money transfer operation involving the suspected illegal movement of around $ 1 billion. ..

2. Thu, 20 August 2026

   1 report
   • lankanewspapers.com17:36
     Routine Three-Wheeler Stop Unravels Alleged $1 Billion Foreign Exchange Scandal, Police Reveal

     What began as an ordinary roadside check on a three-wheeler has snowballed into one of Sri Lanka's most significant foreign exchange fraud investigations, with…

3. Sun, 23 August 2026

   1 report
   • lankanewspapers.com00:03
     Inside Sri Lanka's Billion-Dollar Ghost Import Fraud: How Phantom Shipments Drained the Nation's Foreign Reserves

     A sophisticated financial fraud scheme involving fake import documentation is believed to have siphoned off approximately one billion US dollars from Sri…