header logo
Mogo Academy
Latest
Former ETI Finance directors released on bail
Aug 03, 202110:49 AM
Former ETI Finance directors released on bail
Mobitel Inner

The Colombo High Court today (August 03) released the four former Directors of Edirisinghe Trust Investments (ETI) Finance Limited, who are accused of misappropriating deposits to the tune of Rs. 7 billion.

 

Accordingly, Nalaka Edirisinghe, Jeewaka Edirisinghe, Anjalee Edirisinghe and Asanka Edirisinghe were released on a cash bail of Rs. 100,000 and two personal bails of Rs. 5 million each.

 

They were also served indictments when the case was taken up before High Court Judge Manjula Thilakaratne this morning.

 

The case will be called before the Colombo High Court again on the 8th of September.

 

In January this year, the four suspects were taken into custody on charges of criminal misappropriation, cheating, money laundering and other offences.

 

 

 

MostRead
Mobitel Upahara
VideoStories
Govt exerting influence over country's judiciary – Opposition Leader accuses

Govt exerting influence over country's judiciary – Opposition Leader accuses

Sri Lanka to strengthen preparedness for potential El Niño-related climate changes

Sri Lanka to strengthen preparedness for potential El Niño-related climate changes

Sri Lanka’s dengue death toll rises to 47 as cases exceed 67,000

Sri Lanka’s dengue death toll rises to 47 as cases exceed 67,000

Middle East conflict disruptions weigh heavily on Asia’s economic outlook, ADB warns

Middle East conflict disruptions weigh heavily on Asia’s economic outlook, ADB warns

Dengue cases remain high in Western Provincewith nearly 35,000 cases reported

Dengue cases remain high in Western Provincewith nearly 35,000 cases reported

Appeals Court postpones further consideration of Suresh Sallay’s petition until July 14

Appeals Court postpones further consideration of Suresh Sallay’s petition until July 14

Opposition Leader accuses govt of exploiting parliamentary rules to silence MPs

Opposition Leader accuses govt of exploiting parliamentary rules to silence MPs

Eight prison officers killed in Negombo Prison riots posthumously promoted

Eight prison officers killed in Negombo Prison riots posthumously promoted

Prison officer faces death threats after opening fire during Negombo Prison clash

Prison officer faces death threats after opening fire during Negombo Prison clash

Paddy procurement for Yala season set to commence on July 15

Paddy procurement for Yala season set to commence on July 15

71 Colombo University students contract dengue; several lectures moved online

71 Colombo University students contract dengue; several lectures moved online

Several opposition MPs criticize govt's handling of Negombo Prison unrest

Several opposition MPs criticize govt's handling of Negombo Prison unrest

Opposition MPs stage black armband protest in parliament over Negombo Prison unrest

Opposition MPs stage black armband protest in parliament over Negombo Prison unrest

Negombo Prison unrest: Remains of fallen officers brought to Welikada Prison for final respects

Negombo Prison unrest: Remains of fallen officers brought to Welikada Prison for final respects

Inflation accelerates to 6.8% in June as unemployment remains at 3.7% in Q1 2026

Inflation accelerates to 6.8% in June as unemployment remains at 3.7% in Q1 2026

Lassana Flora