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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Busted!

Busted!

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1Busted!      Empty Busted! Thu Oct 25, 2012 4:39 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
CID investigating data tampering at IRD

Rs 180 M VAT fraud suspected

Revenue officers involved in deleting, altering data


By Premalal Wijerathne

The Criminal Investigation Department (CID) launched an investigation yesterday into allegations of tampering of data, pertaining to Value Added Tax (VAT), stored in computers at the Inland Revenue Department (IRD).Data tampering is suspected to have led to a Rs 180 million VAT fraud.

A senior police officer said a team of sleuths comprising specialists on Information Technology and officers attached to the CID Financial Crimes Division, had been sent to the Department, to investigate the incident.

Police suspect the data on VAT have either been altered or deleted, with the assistance of some revenue officers.

It is learnt that several senior officials of the Department were being grilled and statements recorded in connection with the suspected fraud.

Commissioner-General of the IRD, Mallika Samarasekera, told Ceylon Today she had made a complaint to the CID about the alterations and tampering of the details of VAT payers on computers.

She explained that the fraud came to light only this year, but is suspected to have been continuing since 2010.

The Commissioner-General said, she has taken several steps to protect the good name of the Department and added she has appointed a committee to look into public complaints.In 2004, the CID launched a full-scale investigation into Rs 3.6 billion being swindled from the IRD, which was the largest VAT scam ever recorded in the country.
http://www.ceylontoday.lk/27-15346-news-detail-busted.html

2Busted!      Empty Re: Busted! Thu Oct 25, 2012 5:04 pm

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The outcome of the investigation is No Secret to any. Very Happy

3Busted!      Empty Re: Busted! Thu Oct 25, 2012 7:13 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Inland Revenue Dept. employees under arrest
Thursday, October 25, 2012 - 14:02

Two employees of the Department of Inland Revenue have been arrested on alleged charges of tax fraud.

Police Media Spokesperson Prishantha Jayakody stated that the arrests had been made following an investigation that had been carried out by the Criminal Investigations Department over a fraud that had taken place at the Department of Inland Revenue.
http://www.newsfirst.lk/news1st/node/17400

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