The case filed against Pivithuru Hela Urumaya (PHU) leader MP Udaya Gammanpila for allegedly misappropriating of Rs. 21 million following his alleged fraudulent share transaction, was yesterday postponed for March 12 by Colombo High Court.
The case was taken up before High Court Judge Dhammika Ganepola.
The AG alleged that Udaya Gammanpila has misappropriated Rs. 21 million along with Sydney Jayasinghe, the second accused when selling shares of Digital Nominees to a businessman called Dhammika Perera.
The AG charged that the alleged business transaction had taken place using a fraudulent Power of Attorney to sell shares belonging to Australian businessman Brian Shadick. The AG has listed 20 persons as witnesses in the case and named 16 documents as production items of the case.
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