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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2614

CID Arrests Sri Lanka Cricket’s Chief Financial Officer Piyal Nandana Dissanayake

Colombo, 23 October, (

Sri Lanka Cricket’s Chief Financial Officer Piyal Nandana Dissanayake, has been arrested by the Crime Investigation Department over an attempted financial fraud on television rights, stated Police Media Spokesperson.

Piyal Nandana Disanayake, the Head of Finance at SLC was the third most powerful official within SLC and he was arrested at his Batteramulla residence yesterday. A team of CID officers visited the house of the Chief Financial Officer, yesterday evening, and made the arrest. The CID has also obtained several statements from the senior official over the same attempted financial fraud.

SLC sources revealed that more arrests were likely, based on information to be elicited from Nandana Dissanayake.

Subsequent to this arrest, more arrests were on the cards after Criminal Investigations Department as a result of the ongoing investigations into serious fraud at SLC, sources told The Island.

The CID launched investigations after SLC CEO Ashley De Silva made a complaint on an attempt to divert a sum of 5.5 million USD owed to SLC by Bombay based Sony Pictures Network India Pvt. Ltd.

The Chief Financial Officer of SLC in an e-mail to Sony had requested to transfer the money to an offshore account in Hong Kong and had claimed that the account had served as SLC’s intermediary for over ten years during financial issues. The letter created little suspicion as it had been checked and approved by three different officials. It letters emerged that the signatures had been forged.

The Chief Financial Officer requested the sum of USD 5.5 million, the first payment for the ongoing bilateral series against England, to be transferred by 10th September 2018. The amount was 50 percent of the total sum of USD 11.1 million that Sony owed SLC for the broadcasting rights.

It was only when Sony called up SLC CEO Ashley de Silva whether they could go ahead and deposit the money, the former Test cricketer smelt a rat and called for an internal inquiry. De Silva was informed by the Chief Financial Officer that his e-mail had been hacked. When SLC’s IT department found that no hacking had taken place, it was decided to hand over the investigations to the CID.

The Chief Financial Officer had also insisted that the second payment of USD 3.8 million, which is 35 percent of the money owed to SLC be paid by Oct. 10, followed by the final payment of USD 1. 5 million, or 15 percent of the total payment by Nov. 20.

While the spotlight was on this attempted financial fraud, it later emerged that a sum of USD 187,000, which Sony already owed SLC for the recently concluded South African series had been transferred to an account in Hong Kong. The money was then transferred to an account in Mexico.

Sports Minister Faizer Mustapaha has drawn heavy criticism for not appointing an Interim Committee when the Appeal Court delayed cricket elections in May. Instead, Mustapaha appointed his Secretary as the Competent Authority.

- Asian Tribune -

CID Arrests Sri Lanka Cricket’s  Chief Financial Officer Piyal Nandana Dissanayake
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