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Tuesday, 10 October 2017 - 16:40
Arrested Litro chairman remanded
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The Chairman of Litro Gas Shalila Moonasinghe who was produced before Fort Magistrate was remanded until tomorrow (11) a short while ago.



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Arrested Litro chairman produced before court

The Chairman of Litro Gas Limited, Shalila Moonasinghe, who was arrested for alleged withdrawal of millions of US dollars after hacking into Far Eastern Bank of Taiwan’s computer system, has produced before Fort Magistrate.

The CID arrested him last night (09).

Police acted after state-owned Bank of Ceylon reported a suspicious transfer into one of its accounts of $ 1.2 million from Taiwan Far Eastern Bank, following the withdrawal of some of the money by Moonasinghe.

“We arrested him on a tip-off from the Bank of Ceylon that there had been a suspicious transaction,” Shani Abeywardana, Director at the Criminal Investigations Department, has told Reuters.

“From the investigations and questioning we’ve found out that this is connected to hacking in Taiwan,” Abeywardana has said.

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