Incidents

BelaPAN

06.07.2012 / 12:37

Бел Łac Рус

Sri Lankan Man Appropriated Br 600mln

The funds on business development were simply stolen.

The police in Homiel, Belarus, have instituted criminal proceedings against a Sri Lankan man who is accused of defrauding creditors.

The 31-year-old private company director borrowed $57,635, 1000 Euros and 83 million Belarusian rubles ($9,880) from individuals between July, 2011, and March, 2012, telling the money was needed to develop his business. In fact, he never intended to pay the money back, the Homiel regional police department's press office told.

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