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
Former IGP C.D. Wickramaratne found dead in suspected suicide at Malabe residence

Former IGP C.D. Wickramaratne found dead in suspected suicide at Malabe residence

Appeal Courts postpones further hearing of Suresh Sallay’s writ petition to July 21

Appeal Courts postpones further hearing of Suresh Sallay’s writ petition to July 21

“Democracy must be defended from elected leaders” - Former BASL President

“Democracy must be defended from elected leaders” - Former BASL President

Multiple raids conducted at hospitals and medical labs to safeguard public safety

Multiple raids conducted at hospitals and medical labs to safeguard public safety

Cardinal Ranjith files intervening petition seeking dismissal of Suresh Sallay's plea

Cardinal Ranjith files intervening petition seeking dismissal of Suresh Sallay's plea

 Negombo Prison clash : Further hearing of case adjourned until July 23

Negombo Prison clash : Further hearing of case adjourned until July 23

Minister Lalkantha asserts no further increase in paddy prices despite farmer protests

Minister Lalkantha asserts no further increase in paddy prices despite farmer protests

Dengue cases rise to 72,430 islandwide as prevention programmes continue in 63 MOH divisions

Dengue cases rise to 72,430 islandwide as prevention programmes continue in 63 MOH divisions

Opposition submits UN complaint over proposal to extend judges’ retirement age

Opposition submits UN complaint over proposal to extend judges’ retirement age

Dengue cases surge with 15,856 reported in first half of July; Gampaha District tops figures

Dengue cases surge with 15,856 reported in first half of July; Gampaha District tops figures

Wimal Weerawansa’s brother remanded over alleged misuse of state-owned vehicles

Wimal Weerawansa’s brother remanded over alleged misuse of state-owned vehicles

Legal gambling can generate significant state revenue  - Dr. Harsha de Silva at CoPF

Legal gambling can generate significant state revenue - Dr. Harsha de Silva at CoPF

Negombo Prison Clash death toll climbs to 31; 40 officers assigned to probe unrest, court informed

Negombo Prison Clash death toll climbs to 31; 40 officers assigned to probe unrest, court informed

"If IMF is our hope, do we need a President?" Treasury filled by emptying public's pockets: Dilith

"If IMF is our hope, do we need a President?" Treasury filled by emptying public's pockets: Dilith

“Unreported dengue cases may be much higher” Dengue caseload nears 70,000, deaths at 48

“Unreported dengue cases may be much higher” Dengue caseload nears 70,000, deaths at 48

Lassana Flora