Thilini Priyamali and business partner further remanded
October 19, 2022 01:22 pm
Financial fraud accused Thilini Priyamali and Isuru Bandara, who is said to be her business partner, have been further remanded until November 02.
They were produced before Colombo Fort Magistrate Shilani Perera today (Oct. 19) when three cases filed by the Criminal Investigation Department (CID) and another filed by Colombo Fort Police were taken up virtually.
Thilini Priyamali, the owner of Thico Group of Companies (Pvt.) Ltd., was arrested and remanded earlier this month over alleged multi-billion rupee fraud by swindling businesspersons and VIPs.
Meanwhile, Isuru Bandara was taken into custody by the Criminal Investigation Department on Monday (Oct. 17) over alleged financial fraud.
Following her arrest, Priyamali was taken to several locations including the 34th flood of the World Trade Centre where her financial institution is headquartered, for site inspections. She was escorted out of the prison under a special court order obtained by the CID.
Priyamali has allegedly deceived businesspersons and high-profile political figures after befriending them by promising high returns for investing in her business.
