Three Arrested Over Procurement Fraud at Land Development Corporation
The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) arrested three individuals in connection with a major financial fraud involving the Sri Lanka Land Development Corporation.
Those arrested include: A retired Chief Engineer, A Mechanical Engineer, An Assistant Managing Director of a private firm.
The arrests were made over allegations of causing a Rs. 41 million loss to the government during the procurement process of two long-arm excavators.
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