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Eighth suspect of F&G case, released on bail

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25 July 2016 04:12 pm - 3     - {{hitsCtrl.values.hits}}

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The eighth suspect, Yashmin Ilhami Mohammad, of the alleged F&G fraud case, was today released on bail by the Colombo Chief Magistrate.

She was released on a cash bail of Rs. 50,000 with four sureties of Rs. five million each.

The Magistrate also imposed a travel ban on the suspect.

The CID had arrested the suspect at the BIA on arrival to the country.

The case was filed by the CID against ten suspects including Lalith Kotalawela and Sicille Kotelawala over misappropriating 4.3 billion rupees of depositors’ funds at F&G Company. (Shehan Chamika Silva)


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  • Mr. Perfect Monday, 25 July 2016 04:41 PM

    Every one is released on bail but this does not help the cause of the depositors. I myself is a victim for Rs. 2 Million for the last 8 years, but the fraudsters are free and rich living a happy life with stolen monies. Only at a time of election the subject comes out and then dead and gone. We have no faith in what ever political system that may come.

    Tamara Monday, 25 July 2016 06:22 PM

    You are correct Mr Perfect. The fraudsters are free

    Henry Tuesday, 26 July 2016 12:21 AM

    Mr. Perfect - This is the Gambling Game of the Diyawannawa Club. Exhuming dead bodies, Blaming Previous Regimes etc. Politicizing Govt. sector service organisations.Today even the Disabled war heroes are staging protests. Honda Honda Natum Eliwena Jaameta...


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