Police have arrested a Chinese financial fraudster against whom there is an international red alert.

The man is under custody on a charge of staying in Sri Lanka without visa.

He is said to be the head of a foreign firm involved in the Ambatale water project and was taken on May 25.

According to the Chinese embassy, he has defrauded more than 58 million US dollars before fleeing his home country.

A team of officials from China is expected in the island within days to take him back, said the public security ministry.

He is the second Chinese to be arrested and deported after a fake passport holder from China was expelled just weeks earlier.

 

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