header logo
Mogo Academy
Latest
PM ensures the independence of FCID
May 11, 201512:47 PM
PM ensures the independence of FCID
Mobitel Inner

Prime Minister Ranil Wickramasinghe on Monday (11) said that the Financial Crimes Investigation Division (FCID), which came to effect in February through an extraordinary gazette notification, is only a functional division of the Police Department, which was established in response to the emerging trend of serious financial frauds.

 


Prime Minister also assured that the Government guarantees the independence of the investigations carried out by all the law enforcement agencies in the country including the FCID and denies any sort of undue political intervention to the enforcement of law.

 


Issuing a statement he said “there are 64 functional divisions in the Police Department such as Terrorist Investigation Division, Criminal Records Division, Criminal Investigation Division, Colombo Crimes Division, Narcotics Bureau, Child & Women Bureau, Fraud Investigation Bureau, Environment Protection Division etc. In fact, most of those divisions were not there at the very inception of the Police Department. Those divisions were established from time to time to cater to the contemporary trends, in the same manner the FCID was established. No any special statutory power or mandate has been given to the FCID other than the powers vested with the Police Department. The purpose of establishing this division is to employ the services of experienced group of officers to handle investigations on financial crimes of grave nature and expedite those investigations. 

 


Anti-Corruption Committee (ACC) is a Cabinet Sub-Committee headed by the Hon. Prime Minister, which was setup as per a decision taken at the Cabinet meeting held on 21.01.2015. This Committee was setup with a view to recommending measures to be adopted to prevent the occurrence of large scale corruption and frauds in future. On the recommendation of the Anti-Corruption Committee and the approval of the Cabinet of Ministers a dedicated Secretariat named Anti-Corruption Committee Secretariat was also established to coordinate the investigations of the allegations on serious frauds, financial crimes and corruption. 

 


It should be noted that the Financial Crimes Investigation Division of the Police Department or the Anti-Corruption Committee Secretariat are not controlled by the Cabinet Sub-committee on Anti-Corruption by any means, although the progress of the investigations carried out not only by the FCID but also by the other law enforcement agencies is reviewed once a week so as to ensure effective law enforcement,”

 


However, National Freedom Front (NFF) leader Wimal Weerawansa while speaking at a recent press conference said that reasons unknown as to why the FCID continues to turn a blind eye to Central Bank Governor Arjuna Mahendran who is in the spotlight due to the controversy surrounding the Treasury bond issue. The NFF leader also pointed out the FCID should arrest the CB Governor over the Treasury bond issue in the first place, if it continues an unbiased method of investigating.

 


It was also revealed that the President was unaware concerning the establishment of the newly formed police unit. The FCID has been established through a subcommittee appointed by the Prime Minister. The FCID most of the time drew attention to probe and interrogate complains with respect to the close associates of the former government.

 

 

 

RelatedNews
MostRead
Mobitel Upahara
VideoStories
Farmers struggle continues as paddy prices plummet; PMB buys over 1 million kg of ‘Yala’ paddy

Farmers struggle continues as paddy prices plummet; PMB buys over 1 million kg of ‘Yala’ paddy

“Final salute to a dedicated officer ”Former IGP Wickramaratne laid to rest with full police honours

“Final salute to a dedicated officer ”Former IGP Wickramaratne laid to rest with full police honours

 Dengue situation worsening in Sri Lanka; Caseload surpasses 76,000 with 162 MOH areas at high risk

Dengue situation worsening in Sri Lanka; Caseload surpasses 76,000 with 162 MOH areas at high risk

 12 years at the heart of every breaking story Ada Derana News Channel marks another milestone

12 years at the heart of every breaking story Ada Derana News Channel marks another milestone

“Sri Lanka reclassified as Upper-Middle Income economy” What are the benefits for the people?

“Sri Lanka reclassified as Upper-Middle Income economy” What are the benefits for the people?

Former Presidents, politicians pay last respects to ex-Police Chief; Final rites tomorrow in Borella

Former Presidents, politicians pay last respects to ex-Police Chief; Final rites tomorrow in Borella

Women account for most dengue fatalities in 2026; PHIs take legal action against 10,000 individuals

Women account for most dengue fatalities in 2026; PHIs take legal action against 10,000 individuals

“Many have lost faith and trust in God” Cardinal says modern society prefers football over religion

“Many have lost faith and trust in God” Cardinal says modern society prefers football over religion

Govt has belittled and ridiculed country's farmers - MP Dilith Jayaweera

Govt has belittled and ridiculed country's farmers - MP Dilith Jayaweera

Who supplied fake QR stickers found on liquor bottles? MP Harsha de Silva questions

Who supplied fake QR stickers found on liquor bottles? MP Harsha de Silva questions

Farmers raise concerns over unopened govt paddy warehouses

Farmers raise concerns over unopened govt paddy warehouses

Over 1,500 fatalities reported from road accidents so far this year - Sri Lanka Police

Over 1,500 fatalities reported from road accidents so far this year - Sri Lanka Police

Former IGP C.D. Wickramaratne found dead in suspected suicide at Malabe residence

Former IGP C.D. Wickramaratne found dead in suspected suicide at Malabe residence

Appeal Courts postpones further hearing of Suresh Sallay’s writ petition to July 21

Appeal Courts postpones further hearing of Suresh Sallay’s writ petition to July 21

“Democracy must be defended from elected leaders” - Former BASL President

“Democracy must be defended from elected leaders” - Former BASL President

Lassana Flora