Another case filed by two depositors that the E. T. I. Institution defrauded Rs. 4.9 million of their money was ordered to be taken up for hearing on 17 May by the Colombo Magistrate’s Court, today.
That was while rejecting the fundamental objections filed by the E. T. I. Board of Directors against it. Our Hiru Court Correspondent said that the relevant charges were read out in the presence of Colombo Additional Magistrate Kanchana Niranjana Silva.
This case has been filed under the allegation that there has been a Criminal Breach of Trust by the E. T. I. institution in avoiding paying back their deposit money of Rs. 4.9 million and defrauding them.