Sakvithi suspects granted bail

Chaminda Perera and Suranjith Perera Dehiwala Mount Lavinia Group correspondent

Gangodawila Chief Magistrate Wasantha Jinadasa yesterday released six suspects involved in the massive financial fraud perpetrated by Sakvithi Ranasinghe on cash bail with two sureties for each suspect.

The Magistrate granted bail on them with Rs. 10,000 and Rs. 1 million sureties for each suspect and took their passports to the custody of courts.

The Police stated that indictments against these suspects will be filed on the instruction of Attorney General department and the CID as these suspects had been employed in the Sakvithi Investment Limited and involved in this financial scam.

The suspects were also ordered to appear at the CID next Friday and extend their cooperation when required to the Department in connection with the ongoing investigations.

The Magistrate directed them to appear at the Mirihana Fraud Detection Bureau each Sunday.