A leading businesswoman, Janaki Siriwardena, who was arrested in connection with her alleged involvement with Thilini Priyamali over alleged massive financial fraud, was today ordered to be remanded until November 16 after being produced before the Colombo Chief Magistrate’s Court.
Janaki Siriwardena was arrested by CID for aiding and abetting to commit this massive financial fraud linked with several businessmen, politicians, and popular personalities.
President Counsel Sampath Mendis, appearing for Janaki Siriwardena, moved the courts for bail.
Meanwhile, the OIC of the Finance Fraud Unit of CID explained the complicity of the investigation into the incident and raised objections to bail.
Counsel Shiraz Noordeen and Pasan Weerasinghe, appearing for the virtual complainant, vehemently objected to bail, stating that if it is granted, it will cause great prejudice to the entire investigation of this case.
Having heard the submissions made by all parties, the magistrate ordered the suspect to be remanded until November 16.
On a previous occasion, four suspects, including Thilini Priyamali, Isuru Bandara, and Ven. Borelle Sirisumana Thera, were also remanded until November 16 by the Colombo Fort Magistrate’s Court.
