Sakvithi Ranasinghe sentenced to 22 years RI for financial fraud

14 September 2022 09:10 pm - 10 - {{hitsCtrl.values.hits}}

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Sakvithi Ranasinghe, who pleaded guilty to financial frauds, was sentenced to 22 years rigorous imprisonment suspended for 5 years by the Colombo High Court today.

The accused who pleaded guilty to 11 charges was sentenced two years for each charge.

Magistrate Amal Ranarajah also imposed a fine of Rs. 275,000 to the accused.

Meanwhile, the wife of Sakvithi Ranasinghe, who pleaded guilty to one charge was also sentenced to two years imprisonment suspended for five years and subjected to a fine of Rs. 25,000. (Manopriya Gunasekera)

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Comments - 10

Gamarala Wednesday, 14 September 2022 09:37 PM

Ok one thief behind bars but when will the others put behind bars and there are so many too?

Gratiaen. Hewa. Wednesday, 14 September 2022 11:00 PM

With the present development, I hope now you can devote your full time to conduct classes of English which is badly needed today. We observed your way of teaching English impressively and in enchanting manner. Good luck.

Ram Thursday, 15 September 2022 02:39 AM

Sakvithi and wife can go home and enjoy the money illegally acquired

Independent Thursday, 15 September 2022 03:36 AM

Suspended sentence woow nice. Free as bird after doing all the bad things with hardly earned money from people.

roobarbie Thursday, 15 September 2022 04:03 AM

Conman that made life misery for thousands of people, sentence Suspended for 5-yr? What a joke is this Court!

Spartacus Thursday, 15 September 2022 04:10 AM

Why suspended? Why this type of suspension for contempt of court cases? Does the law work only when Judiciary is annoyed?

Cherath Thursday, 15 September 2022 08:37 AM

Only the fine really matter. Imprisonment even for 50 years matters not if suspended, in reality.

Cherath Thursday, 15 September 2022 08:39 AM

In a country that only knows only doom and gloom in the recent times, these are the parasites who suck the lifeblood of the living.

bandara Thursday, 15 September 2022 09:01 AM

If he had joined a political party the case would have been dismissed and he would be rewarded with a ministerial portfolio

Dinesh Friday, 16 September 2022 04:36 AM

Put the judges in jail too. At this point, to suspend a sentence for financial fraud is totally unforgivable. The IMF bailout is never, ever going to happen. Do you think they are stupid enough to give money to a country that is rotten to the core, and beyond?? Total delusion.

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Sakvithi Ranasinghe sentenced to 22 years RI for financial fraud

Comments - 10

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