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Treasury Chief skips COPF hearing on $ 2.5 million cyber theft probe

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By The Pulseline News Desk

Treasury Secretary Harshana Suriyapperuma has declined to appear before Parliament’s Committee on Public Finance (COPF) today (30), citing his inability to attend a session convened to probe a controversial cyber theft of $ 2.5 million – an incident that has raised fresh concerns about financial oversight and digital security within Sri Lanka’s public sector.

COPF Chairman Harsha de Silva has confirmed that the committee received a formal letter on Wednesday (29) from the Treasury Secretary informing members that he would not be present at today’s (30) hearing. The session had been scheduled following a decision taken earlier in the week to summon senior Finance Ministry officials for urgent clarification on the breach.

A high-stakes inquiry

The COPF, a key parliamentary oversight body, plays a central role in scrutinizing government revenue, expenditure, and fiscal governance. Its decision to call top Treasury officials reflects the seriousness of the alleged cyber theft, which reportedly involves a substantial sum of public funds $ 2.5 million believed to have been siphoned through a digital intrusion.

While full details of the breach have not yet been made public, the incident has triggered alarm within policy circles, particularly as Sri Lanka continues efforts to modernise its financial systems and restore confidence in public institutions following recent economic turbulence.

Timing and accountability concerns

The absence of the Treasury Secretary at such a critical juncture has drawn attention, as COPF hearings are often seen as an important mechanism for ensuring transparency and accountability. Officials from the Finance Ministry had been instructed to appear alongside Suriyapperuma to respond to a range of queries, including how the breach occurred, what safeguards were in place, and what steps are being taken to recover the lost funds.

COPF Chairman de Silva indicated that the committee would now have to consider rescheduling the appearance, though no new date has yet been announced. The delay may complicate efforts to establish a clear timeline of events and assign responsibility.

Broader context: digital vulnerabilities

The case highlights a growing global concern over cyber risks in public finance systems. Governments worldwide have increasingly become targets of sophisticated cyberattacks, often exploiting gaps in cybersecurity infrastructure or human error.

For Sri Lanka, which has been navigating a path of fiscal recovery and institutional reform, the incident underscores the need for robust digital safeguards. Analysts note that beyond the immediate financial loss, such breaches can erode public trust and expose systemic weaknesses.

What comes next

As investigations continue, attention is likely to focus on both technical and administrative accountability. COPF is expected to press for detailed disclosures once officials appear, including forensic findings and any disciplinary or corrective measures.

In the meantime, the Treasury Secretary’s absence adds another layer of uncertainty to an already sensitive issue – one that sits at the intersection of governance, technology, and public confidence.

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