Hirunews Logo
India+to+support+tracing+money+stashed+abroad+by+previous+regime+
Tuesday, 03 February 2015 - 14:39
India to support tracing money stashed abroad by previous regime
99

Shares
11,903

Views
Indian media reported that India will help Sri Lanka set up a finance intelligence unit like entity at Colombo's request to trace more than 5 billion Dollars allegedly stashed overseas by the former regime.

President Maithripala Sirisena is moving to fulfil electoral promises to check corruption and repatriate money allegedly stashed off abroad by the Former regime, and members of their families.

The new government has informally approached the Narendra Modi government to assist in setting up the body, adding that a formal proposal could be expected soon.

The Indian finance ministry will share its best practices with Colombo to set up the unit, which could be modelled after the Indian body.
Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
Heavy snow across the globe
Friday, 13 January 2017 - 9:29
Many countries are experiencing heavy snow, foreign media states. The temperature in England, Scotland, North Ireland and Wales has hit minus 10 degrees... Read More
News Image
Hiru News Programme Segments
422 Views
854 Views
2,247 Views
1,615 Views
9,775 Views
44,437 Views
Top