https://srilankamirror.com/news/suspect-arrested-for-remitting-over-rs-24-8-bn-via-6-shell-companies/

The Financial Crimes Investigation Division (FCID) has arrested a suspect in Kotikawatte for allegedly transferring foreign currency worth Rs. 24.8 billion to overseas bank accounts without importing any goods, police said.

Police say that the suspect had allegedly used 06 shell companies to carry out the transactions through telegraphic transfers (TT) between December 2024 – November 2025.

Although the transfers were reportedly made under the pretext of importing goods, nothing was imported.

The arrest comes as a part of an investigation into the alleged financial transactions.