Tuesday Dec 02, 2008
Nugegoda Chief Magistrate and Additional District Judge Wasantha Jinadasa yesterday allowed an application by the Criminal Investigation Department (CID) probing the massive financial racket alleged to have been carried out by the “Sakvithi Ranasinghe Construction Company” to pursue the bank accounts of the main suspect Sakvithi Ranasinghe, who is alleged to have left the country.

The Judge also directed the Registrar of the Motor Vehicles (RMV) not to transfer any of the vehicles alleged to have been purchased from the depositor’s funds.

The Sub Inspector who is alleged to have assisted Sakvithi and another person who is alleged to have assisted the wife of Sakvithi to leave the country, were further remanded till December 15 by the Judge.

Earlier several suspects who were produced before the Judge were granted bail. The Judge ordered those suspects to furnish Rs. 10,000 cash bail and a Rs. 100,000 bond each with two sureties.

Granting bail, the Judge directed the suspects to appear before the CID every Sunday between 9 a.m. and 12 noon.

The CID filing a further report in connection with the ongoing investigations told Court that they have recovered several items including three wheelers, Motorcycles and vans, alleged to have been purchased from the depositor’s money.

The Court also directed the RMV and several Mobile telephone organisations to assist the CID by providing with the necessary information required by the CID.

Upali Senaratne, Anil Silva, Wasantha Ranasinghe, Swineetha Nanayakkara, Vidura Manchanayake and Chandana Kalansooriya appeared for the suspects.

Source: DAILY NEWS
Author: Sarath Malalasekera