Rs 12 m swindling case:

Mozambican remanded

Yasaratne GAMAGE

A Mozambique national arrested by the CID for swindling Rs 12 million from a local company on the pretext of investing money in a project was remanded until October 24 when produced before the Aluthkade magistrates court.

The CID led investigations following a complaint by a local company that the suspect had cheated them of Rs 12 million after an investment agreement.

The suspect had promised to invest some money which he said he had brought from France after obtaining it from UN funds.

The suspect had brought a stock of green coloured paper similar to US dollars, packed in a travelling bag.

He also deceived the company saying a chemical would turn the green paper into US dollars.

The CID arrested the man in Bambalaptiya.

The Police found US dollars, Indian rupees, Euros and other foreign currency, a laptop computer and three mobile phones in his possession.