One third of the money Sri Lanka borrowed from the IMF has been stolen.

Original review summary

The review says the claim confuses fraudulent import-advance payments with IMF disbursements: close to US$1 billion was moved abroad through fraudulent import payments, but that money was not IMF funding. It explains that the sum was described as equivalent to roughly a third of the IMF loan, and concludes that no IMF loan funds were stolen. [S1: “The reports said roughly US$1 billion taken out since 2023 was equivalent to about a third of the IMF loan, not that any part of the IMF loan itself was stolen.”] [S1: “No IMF loan funds have been stolen.”][S1]