Jan 15, 2021

Fmr. ETI directors granted bail

The four former Directors of ETI Finance were granted bail by the Colombo Magistrate’s Court today.

Jeevaka, Asanka, and Deepa Edirisinghe who are Directors of Swarnamahal Jewellers were arrested on Jan. 05 while Nalaka Edirisinghe surrendered to the CID the following day.

On Jan. 12, the Colombo Magistrate’s Court had ordered to hold them in remand custody until today.

They have been charged of misappropriation, cheating, criminal breach of trust, and other offences under the Finance and Business ACT.