"A sum of about 71 million rupees which was lying to the credit of the Tamil Rehabilitation Organization at the time the funds of the TRO were frozen, have now been forfeited to the state," a central bank statement said.
The TRO accounts were suspended in Sri Lanka in terms of the provisions of the Financial Transactions Reporting Act and the Convention on the Suppression of Terrorist Financing Act in August 2006.
The central bank said the TRO had received large sums of money from time to time from international non-governmental organizations, individuals, foreign entities and TRO branches in several foreign locations.
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"Such suspension was carried out on the grounds that the large sums of money received by the TRO . . . purporting to be funds for humanitarian projects in Sri Lanka, were, according to intelligence reports, mainly used to finance terrorist activities.