Sakvithi Ranasinghe released on bail after nine years

10 June 2019 05:31 pm - 3     - {{hitsCtrl.values.hits}}

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‘Sakvithi’ Ranasinghe who has been in remand custody for over nine years over an alleged financial fraud exceeding Rs. 1,628 million, has been released on bail by the Colombo High Court today. 

Abhaya Ranasinghe Arachchilage Chandana Weerakumara, also known as 'Sakvith Ranasinghe' and 10 others were accused of committing a criminal breach of trust with regard to Rs. 1,628 million worth funds of the depositors at Sakvithi Housing and Construction (Pvt.) Ltd between 2006 and 2008.

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  • Priyal Tuesday, 11 June 2019 12:53 PM

    Ranasinghe with his expertise can easily land a job at Perpetual Treasuries, Arjun Aloysius will welcome him with open arms and appoint him as Director of Jilmat Accounts.

    Gona Tuesday, 11 June 2019 03:35 PM

    pardoned by the president

    Ahamed Tuesday, 11 June 2019 03:55 PM

    Hope his children are fine and grew up well without him, there are politicians who robbed us much more than this and roaming free.


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