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Police launch in-depth inquiry into the mysterious murder of top insurance magnate Dinesh Schafter

COLOMBO : The Criminal Investigation Department (CID) is probing the brutal murder of businessman Dinesh Schaffter, group chairman of the Janasakthi Insurance, Sri Lanka Police said in a statement.

The 51-year-old was found tied inside his vehicle at the General Cemetery in Borella last evening (Dec 15) and was rushed to the ICU of National Hospital in Colombo. He passed away while undergoing treatment.

The police believe that the victim had been abducted and taken to the Borella general cemetery.

Investigations had revealed that Schaffter had left home at Flower Road in Cinnamon Garden yesterday afternoon, informing his wife that he was going to meet an individual who owes him a large sum of money.

However, when his wife had attempted to call him a little while later, his mobile phone was disconnected. His wife had managed to trace the location of the mobile phone to near the Borella cemetery while she had proceeded to inform an executive officer of the company due to a growing suspicion. 

The executive officer had informed police that when he arrived at the cemetery, he discovered the director tied up using zip ties and in the driving seat of his car with a tyre around his neck. 

Acting immediately, he had proceeded to free Schaffter from the bindings and remove the tyre from around his neck with the help of a laborer at the cemetery. He was subsequently rushed to the Colombo National Hospital.  

Police said that a worker at the cemetery had witnessed an unidentified person leaving from near the vicinity of the victim’s car.

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