Sakvithi Ranasinghe granted bail

Sakvithi Ranasinghe granted bail

June 10, 2019   05:04 pm

Chandana Weerakumara alias ‘Sakavithi Ranasinghe’ has been granted bail after 9 years in remand custody over alleged involvement in large scale financial fraud, stated Ada Derana reporter.

The case was taken up before the Colombo High Court earlier today (10).

Sakvithi is accused of swindling over 9000 million rupees from hundreds of investors in a fraudulent investment scam through his Sakvithi Group of Companies.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.



NOTE:- Due to legal contstraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

Most Viewed Video Stories

Committee on Economic Surveillance discusses urgent measures to stabilise domestic market (English)

Committee on Economic Surveillance discusses urgent measures to stabilise domestic market (English)

People will face multiple issues in near future due to govt's incompetence – Dilith Jayaweera (English)

Former SriLankan Airlines CEO Kapila Chandrasena arrested over Airbus bribery investigation (English)

🔴LIVE - Ada Derana Prime Time News Bulletin

Ada Derana Midday Prime News Bulletin - 2026.03.13

Public reports shortage of LP gas cylinders despite price increase (English)

Drug haul worth over Rs. 10 bn and 11 firearms seized from fishing vessels intercepted by navy (English)

Sarvajana Balaya vows to release auspicious times table if govt fails to reestablish committee (English)