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

LIVE🔴 Ada Derana 12.00 Midday News Bulletin

LIVE🔴 Ada Derana 12.00 Midday News Bulletin

PUCSL seeks feedback from public on proposed power tariff revision (English)

Japan is one of the largest investors in Sri Lanka - Health Minister (English)

SJB members lodge complaint with Bribery Comm. seeking probe into coal procurement (English)

'Podi Lasi' to be extradited to Sri Lanka tomorrow after arrest in Mumbai? (English)

LIVE🔴Ada Derana Prime Time News Bulletin 6.55 pm

Ada Derana Lunch Time News Bulletin 12.00 pm

Police uncover more details on Akuregoda double murder following arrest of second gunmen (English)