BY EDWARD THEOPHILUS

The concept of economic crime is involved in a broader area of activities that could be financially valued and a vital aspect of economic crime could be seen it has ample relationships with illegally gaining financial benefits from an economic transaction. Defining an economic crime is a hard task because it involves a diverse area and the value of a transaction would be varied base on many factors. Making a judgment relating to an economic crime would be costly because accurately accounting for the value of an economic crime is one way impossible, another way it may ignore some involvements which have higher values.  Google’s website gives reasonable information about economic crimes and this term has come to a debate or discussion after the Geneva conference about Sri Lanka. Details of the Geneva Conference opened the eyes of policymakers in Sri Lanka 

Economic crimes are committed by many people and politicians and the political process associated with economic crimes could be highlighted in a specific manner. Economic crimes in Sri Lanka involved political parties and heavy weights of political parties and the case related to Thilini Piumali exampled how economic crimes expand to different types of people including politicians.

In Sri Lanka, all political parties may have been associated with economic crimes and prosecution of the criminals related to various aspects of crimes would be burdensome. It is difficult to find evidence acceptable way in the language of the court. It can read news reports in the media that people who committed economic crimes were released by the court as the cases were not presented to be accepted by the court.

Politicians are associated with economic crimes in Sri Lanka and people in Sri Lanka did not gain information about economic crimes.