Auditor General commences investigations into alleged large scale financial fraud

The Auditor General has commenced investigations into an alleged large scale financial fraud that occurred while importing stocks of rice through Sathosa.

When News 1st make inquiries from Auditor General Gamini Wijeyesinghe he said, a report on the alleged fraud will be submitted to the COPE committee next week.

The COPE committee had requested for a report from the Auditor General pertaining to the alleged loss of eight billion rupees that was caused to the government through the import of rice through Sathosa in the year 2014 and 2015.

The substandard rice was imported from India and Bangladesh.

Investigations into the matter have revealed that 900 containers of rice that were retained at the port storage facility were later released for animal consumption.

The post Auditor General commences investigations into alleged large scale financial fraud appeared first on Sri Lanka News - Newsfirst | Breaking News and Latest News provider | Political | Sports | International | Business.