Five
individuals including Chanuka Ratwatte, who were arrested by the Police
Financial Crimes Investigations Division today, were remanded until
September 28 , after they were produced before Colombo Fort Magistrate,
Lanka Jayaratne.
The
five suspects, including Chanuka Ratwatte, are charged with defrauding Rs.4.2
billion belonging to the Central Bank of Sri Lanka.
Thereby
the Chairman of Entrust Securities PLC and four other members of its board,
were arrested by the Police FCID on Wednesday afternoon and produced
before the Colombo – Fort Magistrate’s Court.
The
suspects were arrested following a complaint made by the Central Bank, charging
that the suspects had misused and misappropriated security deposits belonging
to four institutions that come under the purview of the Central Bank, and
the Ceylon Electricity Board.
Presenting
facts to court, the FCID said that further investigations are being carried
out, and that the estimated loss from the fraud could exceed
Rs.12 billion.
Meanwhile,
leader of the National Freedom Front, Wimal Weerawansa, was questioned by the
Police FCID over the misuse of state vehicles.