The Criminal Investigations Department (CID) arrested N.M.S. Moonesinghe in connection with the transfer of 1.1 million USD
from the far Eastern Bank of Taiwan to a Sri Lankan bank account in October.
The Ministry of Public Enterprise Development directed the Chairman of Sri Lanka Insurance Corporation Limited to remove Mr Shalila Moonesinghe from the post of Chairman of Litro Gas Lanka Limited following his arrest.
Litro Gas Lanka Limited is a fully-owned subsidiary of Sri Lanka Insurance Corporation (SLIC) which falls under the purview of the Ministry of Public Enterprise Development.
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http://www.adaderana.lk/news/44953/shalila-moonesinghes-request-to-travel-overseas-denied-
