Wednesday, 10 November 2004  
The widest coverage in Sri Lanka.
News
News

Business

Features

Editorial

Security

Politics

World

Letters

Sports

Obituaries

Archives

Mihintalava - The Birthplace of Sri Lankan Buddhist Civilization

Government - Gazette

Silumina  on-line Edition

Sunday Observer

Budusarana On-line Edition





Misappropriation of Bank's money : Rs.8.4m imposed on staff officer as fine

by Sandasen Marasinghe

A staff officer attached to the Central Collection Unit of the Bank of Ceylon was indicted for misappropriation of money belonging to the bank. He was fined Rs. 8.4 million and sentenced to 11 years' RI in default when he pleaded guilty before the Colombo High Court Judge Sarath Ambepitiya.

Accused, Jayampathi Attygalle who was indicted for four separate cases on misappropriation of a sum of Rs 2.8 million between December 1992 and October 1995, was also sentenced to four years' RI in each case to run concurrently.

Jayantha Attygala who was indicted in two of the aforesaid cases for conspiracy and aiding and abetting the action was acquitted when State Counsel withdrew the charges on her.

State Counsel objecting to the plea in mitigation by the Defence Counsel said that the matter was an economic crime which had been committed by careful scheming.

It was revealed by the Internal Audit Unit that the cheques sent from the Central Transactions Unit of the Bank of Ceylon to the Central Bank and vice-versa had been replaced by fraudulent cheques in committing the crime.

The original cheques had been destroyed.

The Defence Counsel pleading for mitigation said that the accused was a father of three and he had been already under sentence in two earlier cases. The accused had also pleaded guilty at the outset of the case.

Court observed that it was not suitable to mitigate the sentence based only on the reason that the accused pleaded guilty.

Senior State Counsel Yasantha Kodagoda appeared for the Prosecution.

Seylan Merchant Bank Limited

www.crescat.com

ANCL Tender - Web Offset Newsprint

www.cse.lk - Colombo Stock Exchange

Pizza to SL - order online

www.ceylincoproperties.com

www.singersl.com

www.Pathmaconstruction.com

www.peaceinsrilanka.org

www.helpheroes.lk


News | Business | Features | Editorial | Security
Politics | World | Letters | Sports | Obituaries


Produced by Lake House
Copyright © 2003 The Associated Newspapers of Ceylon Ltd.
Comments and suggestions to :Web Manager


Hosted by Lanka Com Services