Type Financial Crime Unit | Employees Classified | |
Formed February 26, 2015; 2 years ago (2015-02-26) Jurisdiction Government of Sri Lanka Headquarters 356/B, Kalawil Place, Colombo-03 Motto Righteously protect those who abide the Law | ||
The Financial Crimes Investigation Division (Sinhalese: මූල්ය අපරාධ විමර්ශන අංශය; Tamil: நிதி குற்றம் புலனாய்வு பிரிவு; known as FCID) is the law enforcement agency of the Sri Lankan government. It is tasked within Sri Lanka for financial crime investigations and law enforcement, It is a subsidiary agency of Sri Lanka Police Service.
Contents
Overview
FCID was established by Minister of Public Order and Christian Affairs John Amaratunga on 26 February 2015 under the instructions from the Prime Minister Ranil Wickremesinghe and it is headed by the DIG Ravi Waidyalankara.
Financial Crimes Investigation Division is directly accountable for carrying out investigations throughout the island into serious financial fraud, misuse of state assets or funds, cases of a nature that require intellectual skills and complex detection. At times, the FCID carries out investigations pertaining to Government revenue. The FCID agencies are highly skilled in encountering the Major Financial Crimes, Frauds, Unsolicited Mega Projects, Major Financial Crimes against Public Property, Money Laundering, Terrorist financing and financial transaction, Illegal financial Transaction, Unlawful enrichments, and Offences on Financial Crimes against National Security.
The FCID has utmost powers to arrest civilians, government workers and legislator from anywhere in Sri Lanka without getting approval from Attorney General or DIG of this unit. The suspect can be remanded by a Magistrate Court until further hearings.
History
The Financial Crimes Investigation Division was formed on 26 February 2015 under the purview of Sri Lanka Police Service.
FCID is directly responsible in handling the investigations on the corruption charges against the Rajapaksa Administration and the public service that involved in large-scale corruption which led to destabilise the Government revenue.
FCID has also arrested several high profile ministers of Rajapaksa Administration including former Economy Development Minister Basil Rajapaksa.
The FCID also received training from UK's Serious Fraud Office after the Sri Lankan government requested international assistance against corruption in 2015.