Wednesday, 27 January 2021 - 16:42
Former directors of ETI Finance, Nalaka Edirisinghe, Jeewaka Edirisinghe, Asanka Edirisinghe and Deepa Edirisinghe who filed anticipatory bail applications prior to their arrests have withdrawn the bail application today (27).
They had submitted the bail application before the Colombo Chief Magistrate s Court.
The Hiru News court correspondent stated that Colombo Chief Magistrate Mohamed Mihail dismissed the applications today (27)
The group was arrested for the second time on 08 January in connection with the alleged financial fraud of Rs. 6.4 billion and was granted bail on 15 January.
Investigations have also revealed that the deposits in the Central Bank of Sri Lanka have been misused for personal enjoyment by the former Board of Directors while maintaining undisclosed accounts.
Edirisinghe siblings seek anticipatory bail dailynews.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailynews.lk Daily Mail and Mail on Sunday newspapers.
The four former Directors of Edirisinghe Trust Investments (ETI) Finance Limited, who were arrested by the Criminal Investigations Department, were further remanded till January 15 by Colombo Chief Magistrate Mohommed Mihail today. They were arrested last Friday by the Criminal Investigations Department on the directive of Attorney General Dappula de Livera on charges of
Posted on January 9th, 2021
Courtesy Adaderana
Former Directors of Edirisinghe Trust Investments (ETI) Finance Limited, who were arrested yesterday, have been remanded until the 12th of January.
The order was delivered by Colombo Additional Magistrate Ruwan Nelumdeniya when the suspects were produced before courts today (January 09).
Last evening, the Criminal Investigation Department (CID) arrested four former Directors of ETI Finance – Nalaka Edirisinghe, Jeewaka Edirisinghe, Anjalee Edirisinghe and Asanka Edirisinghe – acting on the directives issued by Attorney General Dappula de Livera.
The suspects were taken into custody on charges of criminal misappropriation, cheating, money laundering and other offences.
During today’s proceedings, Senior Deputy Solicitor General Haripriya Jayasundara told the court that the ETI Finance has defrauded deposits worth over Rs 13 billion.
AG refers to loss of Rs 6.4 bn as a result of criminal misappropriation, cheating and money laundering By Shamindra Ferdinando The police yesterday (8) re-arrested Directors of now defunct ETF Finance Ltd soon after Attorney General Dappula de Livera, PC, ordered the CID to take them into custody on charges of criminal misappropriation, cheating, […]