Thursday, 28 May 2015 - 19:26
Rs. 12,356,000 fraud committed with the help of 3 safety-pins
A power piracy amounting to Rs. 12,356,000.62 have been revealed as the largest ever electricity theft committed by an individual in the recent history of the country.
The owner of Sherwood Tea factory at Pinnawala in Balangoda has been arrested and remanded till today.
He paid a sum of Rs. 12,356,000.62 to the Ceylon Electricity Board, and a fine of Rs. 50,000 was also imposed on him.
The Balangoda Magistrate released the suspect on a Rs. 1.5 million personal bail.
Three groups of investigators including officers from the Special Investigation Unit of the Colombo Headquarters conducted this raid on May 23rd, and they found the suspect had used three safety pins to slow the pace of the reading on the digital electricity meter.
The suspect had continued the piracy for over one year and had cheated 74% from his electricity bill.