Chulaka Gunawardena alias Deepthi Perera, former chairman of the failed Central Investment and Finance (CIFL) and two other suspects in the CIFL fraud case, were allowed bail on Friday by the Colombo Chief Magistrate Gihan Pilapitiya. The other two suspects are J.K. Wickamaratne, former CIFL CEO and S.B. Kondadeniya, a former CIFL director. The first suspect better known as Deephi Perera had been on the run and hiding in Cambodia since after 2009 when the finance company began to collapse and shocked depositors stopping receiving interest payments or were unable to withdraw their money. He tried to return the country on August 10 with a forged passport but was arrested at the airport (on arrival). At Friday’s hearing both the Central Bank (CB) and the CIFL Depositors Association (CIFLDA) rejected the revival plan submitted by the first suspect. After hearing the counsel for the accused, CB, CID and CIFLDA the magistrate ordered the suspects to be released on bail and directed Mr. Perera to submit to court within three months a scheme that offers satisfactory relief to depositors. The case was postponed to 22 October. (Quintus)
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
Acting Attorney General Parinda Ranasinghe, was appointed as the Attorney General of Sri Lanka a short while ago.
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