SLC raises suspicions over its Financial Head

September 13, 2018

Sri Lanka Cricket says suspicions have arisen of the involvement of the Chief Financial Head of SLC over an alleged attempt to commit financial fraud in a transaction related to broadcasting rights.

Speaking at a media briefing today SLC CEO Ashley De Silva said the head of the Financial Division has been granted paid compulsory leave.

However the CEO noted further investigations are being carried out by the Criminal Investigation’s Department.

Ashley de Silva added several e-mails were exchanged through the Chief Financial Head’s email account, giving rise to suspicion.

Meanwhile the Competent Authority of SLC Secretary of the Ministry of Sport Kamal Padmasiri speaking during the media briefing said Sri Lanka Cricket will extend its fullest support to the CID in conducting investigations into the incident.

Padmasiri said based on initial investigations the SLC Management decided to grant the finance officer compulsory leave. He noted an independent audit will be conducted while a report will be compiled subsequently.

Inspector General of Police Pujith Jayasundara on Tuesday ordered investigations into the complaint lodged by SLC, over an alleged financial discrepancy to be handed over to the CID.

Sri Lanka Cricket lodged a complaint with the Police Financial Crimes Investigation Division on Monday, over an alleged financial discrepancy during a broadcasting deal reached to cover the upcoming England tour of Sri Lanka.

SLC in a statement said officials had uncovered a fraudulent attempt to transfer US$ 5.5 million of SLC’s Media Rights Sponsorship funds, which was due from an International Media Network; to an offshore account.

Sri Lanka Cricket under the instructions of the CEO, have also decided to launch an audit inquiry into all financial transactions, conducted during the past one year period.