It is reported that yesterday (12) Colombo Chief Magistrate Prasanna Alwis imposed a travel ban on six members of the board of directors of a business association in connection with a pyramid scheme fraud case.
It is stated that the Magistrate issued this order in consideration of a request made before the court by the Financial and Commercial Crime Investigation Unit of the Criminal Investigation Department.
The Financial Intelligence Unit of the Central Bank of Sri Lanka has stated before the court that more than ten million dollars have been transacted through the concerned company and several suspicious accounts have been reported. 58 bank accounts of this company have also been ordered to be suspended.
It is reported that a foreign travel ban has been imposed on Atula Indika Sampath, Madhuranga Prasanna, Sampath Sandaruwan, Gayashan Abeyratne, Dhananjaya Gayan and Saranga Randika, members of the board of directors of the concerned company.