COLOMBO (Information 1st); A particular group underneath the Unlawful Property Investigation Division has been appointed to conduct investigations into individuals who’re buying and selling international change by way of casual means akin to Undiyal and the Hawala technique.
The group has been appointed by the Inspector Common of Police on the request of the Governor of the Central Financial institution.
It has been noticed by the Central Financial institution of Sri Lanka that the primary purpose for the intensification of the financial disaster confronted by the nation is the scarcity of international change.
And subsequently, one of many predominant causes for the disaster is the switch of cash outdoors the authorized banking system by way of strategies akin to Hawala and Undiyal.
Furthermore, it has been noticed that migrant employees making international forex transactions outdoors the banking system by way of casual means for the importation of important and non-essential items has additionally negatively impacted this disaster.
Accordingly, Police have requested the individuals to not obtain and ship any international remittances by way of casual means sooner or later.
The police may even coordinate with CBSL officers to hold out additional investigations sooner or later.
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