Sakvithi’s wife seeks bail from High Court

The wife of Sakvithi Ranasinghe, who had been remanded on charges of his involved in Rs.1,060 million fraud along with several other suspects, today sought bail from Colombo High Court.

The bail application was filed through a lawyer who appeared on behalf of Kumari Anuradhani, the wife of Sakvithi Ranasinghe.

When the bail application was filed before Colombo High Court judge Sunil Rajapaksa, the inquiry into the bail application was postponed till June 27. Senior State Counsel Dileepa Peiris appeared for the Attorney General.  

SSC Dileepa Peiris, appearing for the Attorney General, informed Court that the Attorney General had taken initial steps to indict the alleged billion-rupee fraudster, Sakvithi Ranasinghe, and several other suspects in the Colombo High Court, in connection with the defrauding of Rs.1,060 million belonging to 2,135 depositors.

In this case, 23 people have been named as suspects and the prosecution hoped to call more than 200 witnesses to give evidence. The CID is conducting further investigations into the matter. (Lakmal Sooriyagoda)