Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Litro Gas chairman Shalila Munasinghe arrested over hacked funds of Taiwanese Bank
Mon, Oct 9, 2017, 10:34 pm SL Time, ColomboPage News Desk, Sri Lanka.

Oct 09, Colombo: The Criminal Investigation Department (CID) of Sri Lanka police today arrested a top executive of a state-owned business for allegedly hacking into a computer network and stole millions of dollars from a Taiwanese bank.

The CID Monday night arrested Shalila Munasinghe, the chairman of state-owned LP gas supplier Litro Gas, after he surrendered to the police through his lawyers.

Shalila Munasinghe was arrested by the CID in connection with defrauding the computer network of the Bank's headquarters in New York and fraudulently using Rs. 32 million in a Taiwanese bank.

Munasinghe was suspected of illegally entering a computer network of the Bank headquarters in New York and fraudulently transferring nearly Rs. 320 million from a Taiwanese bank.

It was reported that US$ 1.1 million stolen from the Far Eastern International Bank in Taiwan had been found in his bank account.

The Far Eastern International Bank was hacked by means of a computer virus and some US$60 million was wired to the accounts of the suspects at a Sri Lanka bank in the capital Colombo, Taiwanese news reports said.

Sri Lankan authorities have arrested a suspect last week when he tried to withdraw the money, and were looking for another person, according to the news reports.

Munasinghe is also the President of the New Democratic Front. President Maithripala Sirisena contested the presidential election in 2015, under the New Democratic Front.

He will be produced in the court tomorrow.


ColomboPage - Recent 10 Stories ::
Demarcation of provincial councils expected to end by end of January, AG tells court
-- [44 minutes ago]
Eight railway trade unions decided to end the strike - Government
-- [1 hour and 48 minutes ago]
Sri Lanka Transport Board deploys over 700 additional buses to facilitate commuter transport
-- [2 hours ago]
Sri Lanka police to enforce election laws relating to the upcoming local government elections form today
-- [2 hours ago]
Three top members of National Freedom Front join SLFP
-- [3 hours ago]
Shilpa Saviya Exhibition showcases urban crafts by senior local craftsmen
-- [3 hours ago]
Sri Lanka Child authority receives over 8,500 complaints of child abuse in 2017
-- [4 hours ago]
Sri Lanka receives another 1,000 tons of rice from China for drought victims
-- [5 hours ago]
Indian Air Force Chief visits Sri Lanka for discussions on regional security
-- [5 hours ago]
Sri Lanka's Hambantota Port deal with China expected to ensure full utilization of the port
-- [6 hours ago]

Copyright © 2000, 2016 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, 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, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.