Sri Lanka anti-graft body probes assets of over 500, including politicians and officials

Sri Lanka's Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has initiated investigations into the assets of more than 500 individuals across different strata of society. This significant probe, prompted by received complaints, is a broad sweep targeting alleged corruption.

Among those under scrutiny are nearly 60 politicians, including former ministers, and close to 100 senior government officials. A senior CIABOC official confirmed the investigations, noting that this is the first time such a large number of individuals are facing simultaneous asset inquiries. The commission will examine asset declarations submitted by these individuals as part of the investigation process.

Recent amendments to the Anti-Corruption Act have expanded the scope of officials required to declare their assets. Journalists and clerical staff are now included in this group. The deadline for submitting these asset declarations was initially July 30, with an extension granted until July 7 for those who faced technical difficulties accessing the website.

Failure to submit asset declarations can result in penalties, including fines or imprisonment for up to a year, as stipulated by Section 80(1) of the Anti-Corruption Act No. 09 of 2023. CIABOC is prepared to pursue legal action against those who neglect this requirement, underscoring the government's commitment to tackling corruption.

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This is the first time that asset investigations against such a large group have been launched simultaneously.