CBSL probes loss of Rs. 5 m cash bundle

The Central Bank yesterday said it was probing the loss of a cash bundle worth Rs. 5 million in its vault in parallel to a Police investigation.

It said the shortage was discovered during the currency operations on 11 April 2023.

“An internal probe into the matter was commenced immediately, while a complaint was also lodged at the Fort Police Station. The police investigation is in progress,” CBSL said.

CBSL also said it is taking necessary measures to thoroughly investigate the incident and strengthen the internal controls, processes, etc. It will also continue assisting the Police to carry out its investigations.