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However, he had withdrawn Rs. 17.8 million from teller machines in various parts of the country in around 658 locations.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
Education Minister warns the teachers inciting students against the Teacher Transfer program
-- [55 minutes ago]
New prison complex complying with international standards opened in deep South
-- [1 hour and 17 minutes ago]
Sri Lanka's Dr. Indrajit Coomaraswamy named Central Bank Governor of the Year South Asia
-- [2 hours ago]
President says all programs to protect environment will be implemented expeditiously
Sri Lanka SEC to enforce more stringent stock market rules from next year
Sri Lanka Cricket confirms Pakistan T20 to be played in Lahore
IMF says Sri Lanka's 2018 budget should continue fiscal consolidation, supported by new tax act
Fitch does not expect Sri Lankan government to liberalize electricity sector or privatize CEB
President instructs officials to continue services rendered by term expired provincial councils to public
Former Litro Chairman Shalila Munasinghe charged for stealing electricity

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.