Sri Lankan authorities are suspecting the involvement of two Indian nationals in a case related to the hacking of a Taiwanese commercial bank and transfer of $1.1 million to a personal account in this country, police said. The money was sent via the Swift network to accounts in Cambodia, Sri Lanka and the US, and about $46 million has been recovered, Chief Executive Vice President Lin Jiann-jong said by phone on Thursday.
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This cash is what a company uses to meet its financial obligations, such as making payments on debt or to pay out dividends. Typically, the higher the current ratio the better, as the company may be more capable of paying back its obligations.
A spokesman for Sri Lanka Navy when contacted for clarification of a news report appeared in Press Trust Of India, datelined Rameswaram, stating Sri Lankan Navy today (12 October) took three persons into custody after seizing 156 kgs of ganja from them.
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The money will go to Banorte's Fundación Banorte, which is a local bank involved with relief efforts. They will match these donations dollar for dollar.
The fishing trawlers had been seized by the Sri Lanka Navy for poaching in the Sri Lankan territorial waters.
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With 367,700 avg volume, 2 days are for Mohawk Industries Incorporated (NYSE:MHK)'s short sellers to cover MHK's short positions. The company reported $2.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.71 by $0.01.
It was handed over to Kankesanthurai police for legal action.