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
“Dengue threat will persist for four weeks "Total number of infections in 2026 surpasses 61,000

“Dengue threat will persist for four weeks "Total number of infections in 2026 surpasses 61,000

“Govt. must be held accountable for loss of life ”Independent probe called into Negombo Prison Clash

“Govt. must be held accountable for loss of life ”Independent probe called into Negombo Prison Clash

“Belittling honors bestowed on war heroes unacceptable” - Gammanpila on remarks by AG Dept. official

“Belittling honors bestowed on war heroes unacceptable” - Gammanpila on remarks by AG Dept. official

Death toll in Negombo Prison Clash climbs to 26 Justice Minister accepts responsibility for incident

Death toll in Negombo Prison Clash climbs to 26 Justice Minister accepts responsibility for incident

Negombo Prison Violence: Two dead, 28 hospitalized;  Drug kingpin linked to deadly clash?

Negombo Prison Violence: Two dead, 28 hospitalized; Drug kingpin linked to deadly clash?

“Many insults are being hurled at Buddhist monks” Asgiri Chief Prelate calls for unity among clergy

“Many insults are being hurled at Buddhist monks” Asgiri Chief Prelate calls for unity among clergy

Agriculture Minister links excess rice consumption by public to high rate of diabetes in Sri Lanka

Agriculture Minister links excess rice consumption by public to high rate of diabetes in Sri Lanka

Dengue cases continue to soar as deaths rise to 39; PHIs intensity operation against dengue

Dengue cases continue to soar as deaths rise to 39; PHIs intensity operation against dengue

 Prices of multiple food items reduced from midnight today

Prices of multiple food items reduced from midnight today

Several farmers continue protests, demanding fair guaranteed paddy prices

Several farmers continue protests, demanding fair guaranteed paddy prices

Dengue cases continue to spike across several districts of the island

Dengue cases continue to spike across several districts of the island

Former Navy Commander Wasantha Karannagoda granted bail on two surety bonds

Former Navy Commander Wasantha Karannagoda granted bail on two surety bonds

Rakitha Rajapakshe, Charith Abeysinghe and another further remanded until July 17

Rakitha Rajapakshe, Charith Abeysinghe and another further remanded until July 17

Opposition Leader accuses Govt. of failing to honour its election promises

Opposition Leader accuses Govt. of failing to honour its election promises

Agriculture Minister vows to implement all possible measures to address farmers' concerns

Agriculture Minister vows to implement all possible measures to address farmers' concerns

Lassana Flora