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Chanuka Ratwatte, four others re-remanded

28 September 2016 05:00 pm - 1     - {{hitsCtrl.values.hits}}

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Anuruddha Ratwatte's son Chanuka and four others, who were arrested by the FCID on charges of misusing Rs.4.2 billion in government funds were re-remanded till September 30 by Colombo Fort Magistrate Lanka Jayaratne.

The FCID told Court that the suspects had misused the funds belonging to the Central Bank and the CEB Employees Provident Fund by investing the funds in Government Securities through a company named Entrust Securities PLC, which is headed by the suspects.

The suspects were charged under Sections 5(3) and 8(3) of the Public Property Act and Section 386 of the Penal Code over criminal breach of trust.

The other suspects are: Dharmapriya Bandara Dasanayake (Chairman of Entrust Securities PLC), Chanuka Ratwatte (Managing Director), Romesha Dushanthi Senarath Executive Director), Sanjeewa Dayaratne (Director) and Niloshan Romelo Mendis. (Shehan Chamika Silva)

 

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See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

  • usuf Thursday, 29 September 2016 05:29 PM

    loku horu of d loku walawwa via DM Android App


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