Rs 80 LAKH FRAUD AT NATIONAL LOTTERIES BOARD

The massive fraud of Rs 80 lakhs caught red handed:

Letters were all illegal with forged signatures, bills devoid of genuine addresses:

The main objective and the concept of sales of lottery tickets is to more than producing winners is to utilize the funds collected to be utilized for the dire needs of much needed development activities in the country. However there lies some doubt whether the funds thus collected are really utilized for the development activities and benefit of the country or not.
It has been proved via investigations that on the pretext of purchasing school equipment to schools in war affected areas like kilinochchi this fraud had been made. It had revealed that the higher officials had misappropriated funds to the tune of Rs 80 lakhs.The fraud had been made with the connivance of a number of higher officials of Lotteries Board.
The inquiries are been carried out by the President’s Investigation Unit.
Those involved had misappropriated this fraud through bogus letters, quotations, and forged signatures of the authorities of the schools in the Kilinochchi areas. They had picked schools in these war affected areas, as would not arise much suspicion when funds were misappropriated. As they were in far away areas they never suspected that their work would be subjected to be audited.
They also would have thought that the respective Principals of these schools would not be that bothered about the plan of work that was to be implemented by the officers of the National Lotteries Board. The officers involved have very shrewdly placed forged signatures on letters and documents that were needed for the records at the Lotteries Board.
According to information obtained at the investigations most equipment had been purchased from a shop at Ratmalana. When the investigators visited this address there had been no such shop at this address and had not even been in existence.
For conniving with this massive fraud the names and identity of a number of higher officials have been made known. Having thoughts that this type of fraudulent activities may have been carried out over a number of years an extensive audit is to be conducted, it is very reliably learnt.