20 million rupees siphoned from Maganeguma for Hirunika’s political activities and other activities

The FCID made submissions to the court yesterday on a financial fraud where nearly 20 million rupees were siphoned for Hirunika Premachandra’s political campaign and other activities.

This money had been transferred from an account belonging to the workers’ welfare society of the Maganeguma road construction and machinery company.

The FCID informed Colombo Chief Magistrate, Ranga Dissanayake that it has initiated an investigation into the siphoning of this money from the workers’ welfare society of Maganeguma road construction and Machinery Company for the political campaign and other activities of Hirunika Premachandra.

Following an anonymous complaint, the IGP has instructed the FCID to investigate this financial fraud.

The FCID made submissions to the court that money has been allocated on two occasions for the political campaigns and other activities of Hirunika Premachandra.

It further reported that such money transfers have been recorded in the audit reports for the years 2013 and 2014 of the workers’ welfare society of Maganeguma road construction and Machinery Company.

According to such reports, one million 217 thousand 750 rupees had been allocated in 2013 while 17 million 647 thousand and 179 rupees had been allocated in 2014.

Accordingly, 18 million 864 thousand 929 rupees had been siphoned for the political campaign and other activities of Hirunika Premachandra from the workers’ welfare society of Maganeguma road construction and machinery company.

The FCID told the court that the auditors of the company have discovered that this huge sum of money had been removed, breaching the clauses of the workers’ welfare society constitution.

Police also told the court that the receipts of the money that were endorsed by Hirunika Premachandra are currently in its possession.

The FCID that cited this financial fraud has violated the clauses 386, 389, 113 and 100 of the Penal Code; therefore it will continue its further investigation into the matter.