- Last Update 2025-04-29 11:43:00
Former NSB Chairman Pradeep Kariyawasam given suspended sentence of five years for causing intentional losses
Former Chairman of the National Savings Bank (NSB) Pradeep Kariyawasam was sentenced to a suspended jail term of five years by the Colombo Fort Magistrates Court today (Nov 26).
Mr. Kariyawasam was found guilty of causing losses to NSB by purchasing shares of the The Finance (Ltd.) at under valued prices.
Colombo Fort Magistrate Ranga Dissanayake further imposed a fine of Rs 200,000 when the case was taken up before courts today.
Mr. Kariyawasam is the husband of former Chief Justice Shirani Bandaranaike.
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Your Sunday Times highlights for this week
Read this week’s Sunday Times for your interesting articles including the ’’5th Column’’.
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Rs 30 million worth tabs and mobiles left behind at duty free shop
Customs have detected 228 mobile phones and tabs valued at over Rs 30 million left behind in the duty free shopping complex at the Banaranaike International Airport today, Customs officials said.
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