Sakwithi Ranasinghe accused of embezzling 1.05 billion enlarged on bail

Friday, 10 May 2013 - 12:50




Sakvithi Ranasinghe who was in remand in connection with a 1.05 billion rupees financial scam has been granted bail this morning.


Nugegoda Magistrate Ajith M Masinghe who released the suspect on 5 million rupees surety bail and other 2 physical bails, ordered the suspect to report to the CID every month.


Earlier, Colombo High Court had passed a two-year prison sentence on Sakvithi Ranasinghe last year after he pleaded guilty for bigamy.