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Exchange Control Law violated

Feb 18, 2010 5:00:00 PM - aussieindolanka.com
Asoka Tillekeratne being in possession of US Dollars 527,000 in crisp, unused, dollar notes of serial numbers in logical sequence was a blatant violation of Sri Lanka’s Exchange Control laws as a person could possess only US Dollars 2,000 legally. Holding any amount in excess of that amount was an offence punishable by law, Cabinet Spokesman Prof G.L. Peiris said yesterday.