Sri Lanka asset declarations from over 500 people, including former politicians and senior officials, are under investigation by CIABOC.
More than 500 people are under investigation over Sri Lanka asset declarations, including former politicians, senior officials, journalists and public servants.
The Commission to Investigate Allegations of Bribery or Corruption has launched the wide-ranging inquiry after receiving a series of complaints.
Reports indicate that the group includes nearly 60 politicians, among them former MPs and ministers. Around 100 senior government officials are also included in the investigation.
A senior CIABOC official described the operation as unprecedented. It is believed to be the first time the Commission has examined such a large number of asset declarations simultaneously.
Sri Lanka Asset Declarations Face Detailed Scrutiny
The investigation will focus on whether the asset and liability declarations submitted by the individuals are accurate.
Officials are expected to compare the declared information with available financial and property records. The inquiry will also examine whether any assets or liabilities were omitted.
The expanded investigation follows recent changes that brought journalists and Grama Niladhari officers into the category of people required to file declarations.
The original deadline was June 30. However, CIABOC extended it to July 7 after technical problems affected the online submission system.
The Commission has also warned that failing to submit an asset and liability declaration can result in legal action.
Under Section 80(1) of the Anti-Corruption Act No. 09 of 2023, anyone who fails to comply may face a fine or imprisonment for up to one year.
The scale of the inquiry places renewed attention on financial transparency and accountability among public figures and officials.
