Last Updated :23-05-2012 18:01



 
 

Sakvithi arrested

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By Indika Sri Aravinda

The most wanted fraudster Sakvithi Ranasinghe and his wife have been arrested and are now in police custody in Sri Lanka.

Intelligence sources told Daily Mirror online that Sakvithi had altered his appearance and was using a Tamil name at the time he was arrested by the Mirihana Police and had in his possession monies worth more than Rs. 150,000. 

Sources added that he was arrested in Kaduwela following information provided by a Civil Defence Force officer and had reportedly returned to the country from India two months ago. He was handed over to the CID for further investigations. 

Sakvithi is accused of swindling more than 1,000 million rupees. Police say they had received more than 2,900 complaints. Senior policemen, soldiers, a woman athlete, cricket players and prominent social figures are among the victims.

Sri Lanka had earlier sought Interpol assistance to arrest the man in connection with what might have been the largest single cash defraud in the country.

An arrest warrant was issued against him in connection with the activities of the finance company in which thousands of Sri Lankans have deposited their savings. (Daily Mirror online)



Views : 30055
 



Comments  

 
-18+168#rasika2010-08-06 14:21
Well done! thanks to our police and intelligence service
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-93+36#mohandev2010-08-06 17:55
Brilliant work by our security forces guided by our master strategist GR. Who else must get the credit for this................
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-13+85#dishan2010-08-06 19:06
does he work for Civil Defense force? give due credit where its needed man.
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-3+4#kadun2010-08-07 04:32
he he he
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-13+67#Edwardo Baltazar2010-08-06 14:22
i cannot belive this..........but any way a good news for the greedy investors who dumped their the whole life savings on shakvithis den
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-5+66#nishan2010-08-06 14:23
well done . from where ??
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-4+49#janaka2010-08-06 14:23
where was he ?
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-4+78#MK2010-08-06 14:40
he was having a bath at a road side well!!
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-6+24#malkanthi2010-08-06 16:15
well said, the mask he was wearing was not water proof, as a result mask was dissolved the real sakvithi appeared, what a mad guy to have a bath in public wells.
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-3+45#Rhonda Taylor2010-08-06 14:24
I certainly hope he is treated like a fraudster and not as a VIP He should be thrown into jail like a common criminal for taking innocent pensioners for a joy ride. All his assets should be confiscated, sold and the depositors should be paid back. I am sure he has buried the pot of gold in some other country, no doubt about that. There should be no political interference whatsoever and the law should proceed.
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-5+8#siri2010-08-06 21:22
Sure he follows KP
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-4+38#Nihal Fernando2010-08-06 14:25
It is good news but will it help the poor rich investors to recover their money?
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-34+102#DHA2010-08-06 14:25
Our Next Presidential candidate ?
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-36+56#Mafa2010-08-06 14:25
Is he the real shakvithi? are u sure its shakvithi? coz our police always arrest the wrong people.
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-3+7#siri2010-08-06 21:24
As usual
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-6+22#blackwidow2010-08-06 14:27
within sri lanka it self
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-10+25#pj2010-08-06 14:28
So.... the Police managed to find out another financier !!??...Also you can see another NGO to develop the South under his Leadership sooner or later.!!!
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-8+4#Prageeth2010-08-06 14:28
I don't know.
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-21+46#athula2010-08-06 14:30
take my word ......nothing will happen
this is the second chapter of ceylinco saga......
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-19+36#Indika2010-08-06 14:53
Don't you know, in Golden key case, court ordered to sell, golden key eye hospital and some others and settle depositors. Don't jump at once without knowing facts.
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-4+28#nmn2010-08-06 16:23
exactly indika this is the problem most srilankans have..at once without any proof or findings they come to conclusion...even the depositors also did the same thing by being greedy to the highest return of these kind of fraudster they dump their money....
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-2+22#Herman Munster2010-08-06 14:31
wow, this is a goodnews for his customers
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-2+21#dilmi2010-08-06 14:32
well done!!! the most important news heard in this year.
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-2+24#Renuka2010-08-06 14:32
very good, wrong things don't last long. Was he in SL all this time
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-6+15#rokSami2010-08-06 14:36
Shrewder than KP. Arrested or came out of the hole?
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-8+25#Just Another Citizen2010-08-06 14:45
So he left the country just before they wanted him and then came back to the country getting past security at the Airport? Or did he use a submarine to come back?
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-2+2#mohandev2010-08-06 17:57
Must be holes in your house.............
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-13+25#mata nikang hithuna2010-08-06 14:45
Puh! what good news. This is a good news for certain people but not for the depositors. He will get the VIP treatment until they sucked out the last rupee.
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-11+27#rama2010-08-06 14:45
another k.p
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-15+27#OLD2010-08-06 14:47
Will be treated like KP, KP II ????
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-4+18#Sumu2010-08-06 14:48
Great In Excellent work.
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-2+12#Hash2010-08-06 14:50
Now, how is he going to repay everyone ??
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-13+10#mata nikang hithuna2010-08-06 14:51
If I am the leader of this country I give Sakvithi a little and the rest I use for developing Sri Lanka.
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-17+27#Jiffry2010-08-06 14:52
I wont be surprised if he is also freed like KP.
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-3+23#Agent Zer082010-08-06 14:56
finally Sakvithi saga is over. Well done sri lanka police! & now where is Rs. 9,000 million?
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-7+25#thumi2010-08-06 14:57
fool why did you come back to srilanka..??
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-13+19#bhathiya2010-08-06 15:02
for sure nothing will happen to him.
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-18+17#Ronald2010-08-06 15:07
If he jumped from the country he wouldn't have come back. That's a basic theory no one would have . This is some connection with the government
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-5+19#channa2010-08-06 16:27
Stop speculating.......Lets all thank the police for catching him after so many months on the run....
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-4+4#mohandev2010-08-06 17:58
How much did he pay you when you were his agent collecting deposit commissions ????
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-12+19#Dheen2010-08-06 15:12
I heard that he is going to finance the government in its development activities.
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-8+31#david2010-08-06 15:16
After KP another Jackpot?
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-7+18#bash2010-08-06 15:17
WELL DONE... Hope he doesnt turn out to volunteer to become a state witness
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-5+11#Nimal2010-08-06 15:19
Let him be tried according to Penal code irrespective of what crime he has committed. Don't implement the law of the jungle, like tying him to a tree....
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-6+13#MangoTree2010-08-06 15:19
now this is the sort of situation where he should be tied to a tree and covered by fire ants!
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-6+13#nm2010-08-06 15:21
good match for KP
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-5+22#Top Sri Lankan2010-08-06 15:23
Are our POLICE really intelligent or Shakvithi really stupid? After stealing 9000 million even a fool wouldn't have chosen to stay in his own country.
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-6+11#Jim Jam2010-08-06 15:36
I pray he may not be given the same priviledges as Lalith K of Golden Key
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-8+21#MagodisThuma2010-08-06 15:38
Now he also can join with KP to support Govt !.
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-7+21#Girigoris2010-08-06 15:40
Well here comes a new Minister.
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-6+11#hb2010-08-06 15:41
Hats off to the Police for a great job done!!!
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-2+8#arshad2010-08-06 15:44
What action will be taken against him and also what action will be taken to recover what was stolen by him to be returned to there rightful owners
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-5+9#Nande2010-08-06 15:50
Thanks god!
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-9+15#Hiran2010-08-06 15:59
Wowww good news for the government......he will be treated like KP.......God save Sri lanka.......
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-10+21#KD2010-08-06 16:02
he will be given the ministry of Finance in November!!!
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-6+13#Holman2010-08-06 16:03
Police Dept, pls pls don't give him VIP treatment.
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-5+14#channa2010-08-06 16:24
Well Done Sri Lankan Police.....
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-15+23#rohan2010-08-06 16:41
See the comments. I am sorry to say that people have lost the trust over government as the law has gone to dog in our country.
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-14+19#Indika2010-08-06 16:58
These are the same set of people who alway talk against the government even for good thing or bad. Typical "Opposition". Don't be so excited !!
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-6+18#nizar2010-08-06 16:49
he will go to politics ????????????????
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-7+11#Hope2010-08-06 16:55
Let ask him get registerd under Kabral CB as registerd finance act.(like before) ha ha haaa....
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-4+5#Man B2010-08-06 18:10
seems like a poor guy!!!
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-2+9#flemiya2010-08-06 18:11
sakwithi uncle, pls return our money Will you?
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-5+9#Hash2010-08-06 18:12
cant believe im telling this, but well done.. Thumbs up !
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-9+5#SW2010-08-06 18:15
Will he go free like Kotalawala.
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-8+10#tishan2010-08-06 18:19
He will die or dissapear.His money will disappear too.Or he will be another KP.
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-8+7#Mahintha Rajapasse2010-08-06 18:40
well Done Police I will always help the people who enforce the law, non corrupt, non biased, democratically elected and respect democracy.
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-5+11#DON2010-08-06 18:52
I have not done any worng .All depositors volunteered to loose their money- statement of sakvithi to CID
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-3+2#Kalhari Ratnayake2010-08-06 20:21
Give this man the firing squad.
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-4+8#Lanka Atapattu2010-08-06 20:26
The biggest news I ever heard after catching Prabakaran
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-5+1#Mohan2010-08-06 21:04
you never cought him, he was there all thse time
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-5+7#Karolis2010-08-06 20:29
if he have more mony in his account, government will change him......Like KP ha ha ha ......
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-1+3#SYDNEY GAJANAYAKE2010-08-06 20:44
well done mirihana police go ahead
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-0+0#janaka2010-08-06 21:11
There is no free lunch. Return on your investment can go down as well it as can go up. Read the small print next time.
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-0+0#Faqi2010-08-06 21:14
I hope they could recover some of the monies at least so that people who he defrauded could be paid. Money just does not vanish into thin air, its deposited someplace or hidden.
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-0+2#Analyst2010-08-06 21:37
There are so many like him, robbing public assets!
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-1+1#Kabala2010-08-06 21:45
Kothalawala is the most dangerous fraudster in SL, but he is free; why is that?
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-1+1#sarath2010-08-06 21:56
Nothing will happen folks! He will be another KP!
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-0+2#Ibnu Batuta2010-08-06 22:13
A GOOD CATCH!
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-1+1#Concerned2010-08-06 22:15
As per the money that is in his possession, he can follow in the footsteps of KP!
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-0+2#John2010-08-06 22:54
What goes around, comes around! It's payback time for Sakvithi!
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-2+3#izzy2010-08-07 01:39
He has all the requisite qualifications and a natural aptitude to contest the next presidential election in Sri Lanka!
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-1+2#S.H.M2010-08-07 01:45
How did he get out of the country without being detected?
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-1+0#shan2010-08-07 05:11
Ideal candidate as a finance minister to this government..!
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-0+1#gdgdgd2010-08-07 07:33
Nice work
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-0+1#menaka2010-08-07 10:45
oh yeah.. pay back time!!!
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-0+1#anura2010-08-07 10:59
a great job done by SL police.... hope no one appear to offer him cake and tea......
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-0+2#Ruzy2010-08-07 13:03
The civil defence person must be recognized by government to set an example for others!!!It will encourage others to aware of criminals!
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-2+0#kumar2010-08-07 16:28
i hope he will be another KP
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-0+1#Vishaka2010-08-09 11:38
Wel done.if you have done something,even they are good or bad they will definietly return back to you some day.
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