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)
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Ajith Gallage, the owner of a Bird Park in Nagarawawa, Hambantota, has been remanded over allegations of concealing illegally imported motorcycles, in a warehouse owned by him.
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