Jail Term

May 09, 2014 (LBO) - A revenue official was jailed for 102 years on 34 counts related to a value added tax refund fraud and fined 12 billion rupees (91 million US dollars) along with several businessmen, a report said.
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The case involved the fraudulent refunds of value added tax involving amounting to 3.9 billion rupees, where 13 persons were charged.
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Eight accused were tried in absentia as they were believed to have fled the country, Sri Lanka's Daily Mirror newspaper reported.

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The revenue officer, a deputy commissioner of the Department of Inland Revenue was sentenced to three years each on 34 counts to be served concurrently.

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Other accused were jailed for terms ranging from 8 months to two years.

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They were also fined amounts ranging up to 100 million rupees. Court had ordered their property confiscated if the fines were not paid, the report said.
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