ETI Directors granted bail

Fort Magistrate Priyantha Liyanage yesterday (06) ordered the release of Nalaka Edirisinghe, Jeevaka Edirisinghe, Anjali Edirisinghe, and Asanka Edirisinghe, who served as directors of ETI Finance and Swarnamahal Jewellers, on two sureties of Rs. 1 million each.

The Magistrate also imposed a travel ban against them and ordered to inform the Department of Immigration and Emigration in this regard. The suspects were also ordered to appear before the CID every two weeks.

Investigations are being carried out over the unauthorized acceptance of deposits worth Rs 13.7 billion, misappropriation, and money laundering, Attorney General’s Coordinating Officer State Counsel Nishara Jayaratne said yesterday.

The Attorney General has also decided to forward indictments against the Directors of Swarnamahal Jewellers for conducting an unauthorized finance business.