Chanuka Ratwatte, 4 others released on bail

21 October 2016 12:22 pm - 2 - {{hitsCtrl.values.hits}}

A A A

Anurudda Ratwatte's son, Chanuka and four others, arrested by the FCID on charges of misusing Rs.4.2 billion in government funds, were today released on bail by Colombo Fort Magistrate Lanka Jayaratne.

Chanuka Ratwatte was released on a cash bail of Rs.300,000 with three sureties of Rs.2 million of each.

The FCID previously informed Court that the suspects had misused funds belonging to the Central Bank and the CEB Employees’ Provident Fund by investing them in Government Securities through Entrust Securities PLC, a company headed by the suspects.

The four others are Dharmapriya Bandara Dasanayake (Chairman of Entrust Securities PLC), Romesha Dushanthi Senarath (Executive Director), Sanjeewa Dayaratne (Director) and Niloshan Romelo Mendis.(Shehan Chamika Silva)

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, 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.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

Comments - 2

Lokka Friday, 21 October 2016 01:54 PM

He should not have been released until he paid back the money.

Aruna Friday, 21 October 2016 02:09 PM

The problem lies with Yahapalana operation but not merely them.

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Chanuka Ratwatte, 4 others released on bail

Comments - 2

Add comment

RECOMMENDED

Food crisis in Sri Lanka From granary of East to barren nation

The danger of Basil Rajapaksa’s rule by proxy

Sri Lanka’s Crisis of Representative Democracy

Golden republic in mourning

“Democratic system for gender equality was trampled and dishonoured” - Rohini Kavirathna

Ranil Returns: Remarkable resilience of Premier Wickremesinghe

People’s concerns vs. politicians’ concerns

Most Viewed in News

Nine new Cabinet Ministers appointed

Airforce denies MP Arundika Fernando’s claim that he served in SLAF

Remittance earnings plummet 52% in April as greed dominates

More Ministers to be sworn in today

Filling station owner’s house set ablaze for not issuing fuel

MR attends Parliament sessions

TODAY'S HEADLINES

Assigning timeline for recovery of SL economy difficult : CB Governor

Fuel shortage Govt decides to limit public servants called for duty Circular to be issued today

Octane 95 available for next six weeks-Minister

DIG in charge of CID transferred: Prasad Ranasinghe new DIG

MIRROR CRICKET

England take early T20I series lead over Sri Lanka

New Zealand clinch World Test title

LPL 2nd edition from July 30-August 22-SLC

Sanath Jayasuriya signs as coach at Melbourne cricket club Mulgrave

Litton, Mushfiqur slam centuries to put pressure back on Sri Lanka

Rajitha, Jayawickrama in for second Test

Olympian Abeykoon shatters 200m Sri Lanka and South Asian records

Rajapaksa included in provisional squads for Australia tour