Home / News/ Litro Gas Chairman arrested and remanded till 25 Oct. over Taiwan bank hack

Litro Gas Chairman arrested and remanded till 25 Oct. over Taiwan bank hack

Comments / {{hitsCtrl.values.hits}} Views / Thursday, 12 October 2017 00:25


The Colombo Fort Magistrate yesterday ordered to remand the Chairman of Litro Gas Sri Lanka Shalila Munasinghe, who was arrested for stealing money from a Taiwanese bank, until 25 October.

The Criminal Investigation Department (CID) on Monday night arrested Munasinghe after he surrendered to the police through his lawyers. 

Munasinghe was arrested in connection with defrauding a Taiwanese Bank of $ 1.1 million. He is accused of hacking into the computer network of the bank’s headquarters in New York and fraudulently transferring the money into his account.

Litro Gas Lanka Ltd. has said that on the orders of the Minister of Public Enterprises Development Kabir Hashim, the firm has interdicted Munasinghe from his post.

Pix by Pradeep Dilrukshana

Share This Article


Today's Columnists

Strategising cricket

Monday, 22 January 2018

Your supply chain mechanism is weak. Your new products are not matching the quality (and therefore the blockbuster performance) of the products being phased....

Half-a-million labour demand in the private sector

Monday, 22 January 2018

The nominal market in which workers find paying work, employers find willing workers, and wage rates are determined is defined as the labour market. Labour market outcomes result from a combination of the demand for labour by firms and the labour tha

Now that Bond Commission too has said it, Govt. cannot postpone the reform of Central Bank any more

Monday, 22 January 2018

The Deputy Minister of National Policy and Economic Affairs, Dr. Harsha de Silva, commonly known as Harsha, is reported to have announced the engagement of the International Monetary Fund (IMF) by the Government to amend the present Monetary Law Act

Many roads open

Saturday, 20 January 2018

We have just commenced Yahapalana Year 4. The third anniversary of Yahapalanaya is also the third anniversary of the defeat of the Rajapaksa regime. Both anniversaries coincide happily with the imminence of an island-wide election, the first since 20

Columnists More