Case against Godahewa, two others fixed for trial | Daily News

Case against Godahewa, two others fixed for trial

The case filed against the Securities and Exchange Commission (SEC) former Chairman Nalaka Godahewa and two others, in connection with their alleged involvement in conspiring to misappropriate Rs. 5 million of funds belonging to the SEC was yesterday fixed for further trial on February 16 by the Colombo High Court.

When the case came up before High Court Judge R. Gurusinghe, a prosecution witness began to give evidence in connection with the incident.

Three accused had been indicted on three counts which come under the Public Property Act. The Attorney General further alleged that the three accused had committed this offense between August 6 and August 18, 2013.

The Attorney General maintained that three accused Securities and Exchange Commission (SEC) former Chairman Nalaka Godahewa, SEC former Deputy Director General Dhammika Manjira Perera and Tharunyata Hetak Organisation Sports Director Ronnie Ibrahim had conspired to misappropriate a sum Rs. 5 million of funds which were granted as a sponsor to the Tharunyata Hetak Organisation by the SEC and the money in question had been transferred to a bank account belonging to the Ceylon Premium Sports Limited to promote rugby in contrary to a decision of the SEC.

The third accused Ronnie Ibrahim had been charged with aiding and abetting to commit this offence.

Senior State Counsel Asad Navavi appeared for the Attorney General.

Senior Counsel Ranil Samarasuriya with Sudantha Bandara and Niroshan Siriwardena appeared for the accused.


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