Former Directors of Swarnamahal Arrested

The Criminal Investigation Department today arrested Jeewaka Edirisinghe, Anjalee Edirisinghe and Asanka Edirisinghe, the former directors of Swarnamahal Jewellers Ltd for running an unauthorized finance business.

Attorney General Dappula de Livera earlier directed the CID to arrest and produce former directors of Swarnamahal Jewellers Ltd on charges of running an unauthorized finance business.

The AG’s Coordinating Officer said the AG had taken these steps based on the recommendations of the Presidential Commission appointed to inquire into the alleged irregularities and malpractices of the ETI.

Accordingly, the Commission was mandated to look into ETI Finance Ltd’s misconduct when the Central Bank intervened to settle the funds of the depositors by selling assets and ETI’s decision to sell a media company to several foreign companies in violation of domestic laws.

 

(Dailymirror.lk)

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