Ex-Bank executive arrested in Rs.65 Mn fraud case

The Commercial Crime Investigation Division of the Criminal Investigation Department has arrested a former Executive Officer of a bank in the Mahara Kadawatha area who is alleged to have helped a person to fraudulently obtain Rs.65 million from a bank.

“The arrested suspect is a former Executive Officer of one of the leading banks in the country and he has helped another person to commit this fraud from a branch of this main bank,” the Police said.

It has been revealed that the suspect has assisted this person in withdrawing money from someone else’s bank account by presenting a fake identity card.The arrested suspect is a 38-year-old resident of the Kadawatha- Mahara area.