header logo
Asia asset finance
Mogo Academy
Latest
Former President’s chief of staff & STC chairman sentenced to prison
Dec 19, 201901:35 PM
Former President’s chief of staff & STC chairman sentenced to prison

The Permanent High Court-at-Bar has announced the prison sentences for Former Presidential Chief of Staff I.H.K. Mahanama and the former Chairman of the State Timber Corporation (STC) Piyadasa Dissanayake, who were found guilty on bribery charges this morning.

 

The first defendant in the case Mr. Mahanama has been sentenced to 20 year rigorous imprisonment by the court and ordered to pay a fine of Rs 65,000.

 

The second defendant Mr. Dissanayake was sentenced to 12 years rigorous imprisonment by the Trial-at-Bar and ordered to pay a fine of Rs 55,000.

 

In addition to this the sum of Rs 20 million solicited as a bribe by the first defendant is to be paid as a penalty.

 

Mahanama and Dissanayake were arrested by the Bribery Commission in May 2018 for soliciting a bribe of Rs. 20 million from an Indian businessman in order to transfer the machinery equipment belonging to the Kantale Sugar Factory.

 

According to reports, the total amount of the bribe they had demanded from the said businessman was said to be Rs. 54 million.

 

Following a lengthy trial, the Trial-at-Bar had concluded the hearings of the case on December 04 and fixed December 19 to deliver the verdict.

 

The Bribery Commission had laid 24 charges against the two defendants and 46 persons were named as witnesses of the case.

 

 

 

 

MostRead
Mobitel 5g
VideoStories
 Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

 “Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

“Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

 Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

Sri Lanka records 5.1% GDP growth in 1Q 2026; Agriculture, industry & services sectors expand: CBSL

Sri Lanka records 5.1% GDP growth in 1Q 2026; Agriculture, industry & services sectors expand: CBSL

CID informs court of probe into contempt allegations against six persons including ex-Ministers

CID informs court of probe into contempt allegations against six persons including ex-Ministers

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

El Niño expected to gradually impact Sri Lanka, experts warn

El Niño expected to gradually impact Sri Lanka, experts warn

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Special Dengue Prevention Week in Colombo from June 15 to 21

Special Dengue Prevention Week in Colombo from June 15 to 21

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

Sri Lanka bans export of mineral resources without value addition

Sri Lanka bans export of mineral resources without value addition

Lassana Flora