🚨 Free Lawyers Allege $ 2.5 Mn Treasury Cyber Fraud Funds in US Bank

• The Heist & Assets: The Free Lawyers Association claims that $ 2.5 million stolen in a Treasury cyber fraud is currently sitting in a US bank account held by Mish Global LLC at TD Bank USA. The fraud was uncovered after related emails bounced. • Oversight Failure: The Association criticized parliamentary oversight, stating both the Committee on Public Finance (CoPF) and Committee on Public Accounts (COPA) failed to issue official reports following their inquiries. • Data Discrepancies: Severe data contradictions were highlighted regarding the total loss. While the reported fraud stands at $ 2,509,430, the Auditor General referred to a much lower figure of $ 203,417, raising concerns over Central Bank and Finance Ministry tracking accuracy. • Systemic Weaknesses: The group alleged premature execution of debt settlement operations before the Public Debt Management Office (PDMO) regulations were finalized, alongside poor coordination between the Finance Ministry and Central Bank. • Call to Action: Letters have been sent to President Anura Kumara Dissanayake and Speaker Dr. Jagath Wickramaratne demanding a Parliamentary Select Committee probe. The request includes investigations into other financial irregularities: a Rs. 13.2 Bn alleged fraud at National Development Bank, duplicate Aswesuma payments, and missing Postal Department funds.