Wed, 10 Aug 2022 Today's Paper

Alleged money launderers released on bail

16 September 2011 06:00 pm - 2     - {{hitsCtrl.values.hits}}

A A A

Three suspects who were remanded for allegedly laundering Rs. 84 million violating the Banking Ordinance were released on a Rs.1 million personal bail by a Colombo Magistrate.

The three suspects - S. P. Dixon, N. B. Sivarajan and S. Ilangovan were arrested by the Colombo Fraud Bureau and remanded till Wednesday on the orders of the Additional Magistrate of Colombo Prashantha Alwis.

During the resumption of the inquiry before the Magistrate’s Court  C. R. de Silva PC appearing with Senior Counsel  K. V. Thavarasha and  Periyanathan Arnold submitted to the Magistrate Pasan Amarasinghe that the Colombo Fraud Bureau had charged his clients for violating the Banking Ordinance.

He said the charges were inconsistent with the offences his clients had committed.

The counsel contended the offences committed by the suspects on transacting of foreign currency without a valid licence which was an offence that fell under the Violation of Foreign Currency Act.

He said the Police had charged the suspects for offences committed under the Banking Law. The counsel told the magistrate the offence committed was bailable and moved to grant bail to the suspects.

The Magistrate released the suspects on Rs.1 million personal bail. They were ordered to hand over their passports to court and further ordered them to be present in person before the Colombo Fraud Bureau on the last week of every month. (T. Farook Thajudeen)

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

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.

  • AJ-DXB Saturday, 17 September 2011 08:24 AM

    another KOLVIN at rise - such as the KANSA vs GANJA trial

    Damien Perea Saturday, 17 September 2011 08:32 AM

    Didn't the Police know under what Law criminals should be charged? Don't they check with the Attorney General before they file charges?

    Strange and strange are the ways of the Sri Lankan Police!


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.

Reply To:

Name - Reply Comment




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.


Govt. re-recommends COVID-19 regulations: Medics, legal experts warn of vaccine expiry dates and injuries

The public has once again been advised to wear masks to prevent the spread of

8-year-old grave sexual abuse victim gets justice after 18 years

In Palawela Udaniriella, an 8-year-old girl became the victim of Grave Sexual

Covid makes a comeback!

These questions have been buzzing in our heads over the past few weeks as hea

Gas shortage could have been averted – Litro Chairman

A serious shortage of fuel, gas and other essential items as a result of the