The Colombo High Court today ordered to temporarily lift the travel ban imposed against State Minister Nalaka Godahewa, until August 31.

 

The Attorney General has filed indictments against Securities and Exchange Commission (SEC) former chairman Dr. Nalaka Godahewa and two others, in connection with their alleged involvement in conspiring to misappropriate Rs. 5 million of funds belonging to SEC.

 

State Minister Godahewa's travel ban was temporarily lifted, when the case came up before High Court Judge Amal Ranaraja.

 

The case was fixed for further trial on August 31.

 

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 offense.