Case against former SEC Chairman Godahewa on November 26 | Daily News

Case against former SEC Chairman Godahewa on November 26

The case filed against three accused including Securities and Exchange Commission (SEC) former Chairman Nalaka Godahewa was yesterday fixed for further trial on November 26 by the Colombo High Court.

The Attorney General had filed indictments against 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 SEC.

The case was taken up before

High Court Judge Shashi Mahendran.

Three accused had been indicted on three counts which come under Public Property Act. The Attorney General further alleged that the three accused had committed this offense between 6 August and 18 August 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” (A tomorrow for youth) by the SEC and the money in question had been transferred to a bank account belonging to Ceylon Premium Sports Limited to promote rugby in contrary to a decision of SEC.

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


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