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Banking and Finance | Finance

Sri Lanka's NDB Says Forensic Audit Confirms Rs13.5bn Fraud

Published Saturday, 27th June 2026 8:25 PM ● By

MONETABRIEF – Sri Lanka's National Development Bank said it had received an interim report on a forensic audit carried out by Deloitte Touche Tohmatsu India LLP.

The interim report is as yet confidential, but it has come up with a 13.5 billion rupee value for the fraud, NDB said in a stock exchange filing.

An earlier report indicated a 13.2 billion rupee fraud.

The bank said employees involved in siphoning out funds had been arrested.

A group of bank employees had taken sent out money through Common Electronic Fund Transfer Switch, to other banks and created a asset account in the bank books to fill the gap, reports said. (Colombo/June27/2026)