Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lankan youth withdraws more than hundred times of his savings from ATMs
Wed, Jul 30, 2014, 11:48 pm SL Time, ColomboPage News Desk, Sri Lanka.

July 30, Colombo: A seventeen year old youth was produced in a Sri Lankan court today for fraudulently withdrawing more than 100 times of the amount he deposited in his account.

The young offender ,who is a resident of Polonnaruwa, was produced in Colombo Magistrate Court today on a complaint lodged by a bank branch in Ja-Ela.

The bank said that the individual had opened an account in the bank in January this year and made a deposit of Rs. 163,000 in a savings account.

However, he had withdrawn Rs. 17.8 million from teller machines in various parts of the country in around 658 locations.

The bank said that the offender had been able to do so due to a fault in the computer system of the bank.

Colombo Magistrate Thilina Gamage released the youth on Rs. 50,000 bail with two sureties of one million rupees each after he pleaded guilty and promised to pay the due amount in installments

ColomboPage - Recent 10 Stories
Doubts raised on Pope's visit to Sri Lanka amid snap presidential polls
-- [9 hours ago]
Opposition MPs say election materials are being prepared in Sri Lanka Port Authority Defense Training School
-- [9 hours ago]
Sri Lanka to appeal to Europe Court of Justice on lower court ruling to lift sanctions on LTTE
Browns Hotels and Resorts of Sri Lanka to develop four-star hotel in Maldives
India to supply two naval offshore patrol vessels to Sri Lanka - report
Sri Lanka police use water cannons and tear gas to disperse university students' march
Sri Lanka's Sinhala Buddhist extremist group to contest for the upcoming elections
Sri Lanka External Affairs Minister defends ministry secretary against 'unfounded allegations'
Iran calls for expanding politico-economic relations with Sri Lanka
Opposition lawmakers on fact finding mission attacked in Sri Lanka

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.