Final Report on Serious Acts of Fraud (PRECIFAC) to be Handed Over to President Today

The Presidential Commission of Inquiry to Inquire and Investigate into Serious Acts of Fraud and Corruption (PRECIFAC), was appointed by the President to investigate fraud and corruption that took place during the period from January 10, 2010 to January 10, 2015.  The government by a Gazette Notification on March 10, 2015 established the PRECIFAC.

While Court of Appeal Judge Preethi Padman Surasena was appointed as the Chairman, the other members of the commission comprised of High Court judge Vikum Kaluarachchi, Piyasena Ranasinghe, Gihan Kulathunga and retired Auditor General P. A. Premathilake.

The PRECIFAC during its tenure had investigated 34 major cases related to large-scale fraud and corruption at state institutions during the former regimes period . Later  the Commission handed over 17 final reports on large-scale fraud and corruption to the President for further legal action.

The 1000 page final report will be handed over to the President today (2). The other members of the Presidential Commission will   accompany the Chairman during handing over of the report.