header logo
Rhythms of Lanka
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
 Ex-MP warns proposed extension of judges' retirement age risks sparking youth unrest

Ex-MP warns proposed extension of judges' retirement age risks sparking youth unrest

 Adverse weather claims eight lives, affects over 16,000 people islandwide

Adverse weather claims eight lives, affects over 16,000 people islandwide

Eight dead, over 11,000 affected by adverse weather Heavy rains expected after Thursday: Met. Dept.

Eight dead, over 11,000 affected by adverse weather Heavy rains expected after Thursday: Met. Dept.

Parliament heats up over judges’ retirement age 22A draft will be gazetted shortly: Justice Minister

Parliament heats up over judges’ retirement age 22A draft will be gazetted shortly: Justice Minister

“Chief Prelates did not oppose judicial reforms” Govt seeks to increase retirement age of all judges

“Chief Prelates did not oppose judicial reforms” Govt seeks to increase retirement age of all judges

Thai, Sri Lankan cultures celebrated at Thai festival 2026 held in Colombo

Thai, Sri Lankan cultures celebrated at Thai festival 2026 held in Colombo

 “There is another reason behind the rush” – Lawyers’ body questions judges’ retirement age move

“There is another reason behind the rush” – Lawyers’ body questions judges’ retirement age move

New Constitution, land issues take centre stage as Tamil and Muslim leaders meet President

New Constitution, land issues take centre stage as Tamil and Muslim leaders meet President

Mahara Prison Clash: Multiple investigations launched into Rs. 150 million damage

Mahara Prison Clash: Multiple investigations launched into Rs. 150 million damage

Bad weather wreaks havoc across Sri Lanka Warning for heavy rains, strong winds & landslides issued

Bad weather wreaks havoc across Sri Lanka Warning for heavy rains, strong winds & landslides issued

“Prisoners’ safety must be guaranteed by the govt” Several factions demand answers from Minister

“Prisoners’ safety must be guaranteed by the govt” Several factions demand answers from Minister

Mahara Prison unrest damage estimated at Rs. 150 million; Video evidence and masterminds under probe

Mahara Prison unrest damage estimated at Rs. 150 million; Video evidence and masterminds under probe

"Bringing smiles to little hearts" Children learn the art of kite-making at Derana Kite Workshop

"Bringing smiles to little hearts" Children learn the art of kite-making at Derana Kite Workshop

“Need to find out if it was controlled from outside”; Justice Minister on Mahara Prison unrest

“Need to find out if it was controlled from outside”; Justice Minister on Mahara Prison unrest

ADB extends $200M to help Sri Lanka tackle economic pressures from Middle East conflict

ADB extends $200M to help Sri Lanka tackle economic pressures from Middle East conflict

Lassana Flora