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Last Updated : 2024-04-19 14:00:00
By Suranga Rajanayaka
A man who was allegedly running 39 branches of an illegal monetary institution and had cheated his customers for millions of rupees was arrested and produced before the Gampola Chief Magistrate Upali Gunawardene today.
The police told the Court that the suspect was arrested under a warrant issued by the Kandy and Nuwara Eliya High Courts for evading court in connection with 13 other cases.
The accused, Selvadorai Dhanaraj of Menikdiwela in Pilimathalawa, his wife and a brother are alleged to have run an illegal monetary organization called Rural Investment and Development Bank Ltd, with branches in several areas and cheated people.
Tuesday, 15 June 2010 08:06 AM
what about the people who cheated millions of people and got into parliment?
Tuesday, 15 June 2010 08:19 AM
Nice name for this kind of a bank. It sounds so official...
Tuesday, 15 June 2010 08:21 AM
It looks like it is very easy for any crook to start some financial institution and cheat the public in this country.
Tuesday, 15 June 2010 08:32 AM
Becasue authorities hunting couples holding hands in public instead!
Tuesday, 15 June 2010 08:36 AM
Arrested and bailed out, this is the prevailing law in sri lanka except for general SF!
Tuesday, 15 June 2010 08:40 AM
What's happening to Sakvithi? Have the authorities forgotten that great man?
Tuesday, 15 June 2010 01:21 PM
This indicates, public in SL is still unable to distinguish between a genuine financial institutions and bogus ones though Central bank put advertisements through media. Central bank has to do more regarding this to educate people more on this.It should adopt a different method to inform public.
Tuesday, 15 June 2010 01:30 PM
Small fish will be arrested. Big fish will be allowed to remain. This is the democracy in Sri LAnka
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