Shalila Moonasinghe, three others granted bail

6 November 2017 02:52 pm Views - 5258

Former Chairman of Litro Gas Lanka Limited, Shalila Moonasinghe and three others who were remanded in connection with the illegal transfer of funds from a Taiwanese Bank, were released on bail by the Colombo Fort Magistrate’s Court today.

Each suspect was released on a cash bail of Rs.50,000 and three sureties of Rs.500,000 each. The suspects were also ordered to report to the CID on the second and fourth Sunday of each Month.
Colombo Fort Magistrate Lanka Jayaratne imposed a travel ban on the suspects.

The suspects were arrested in connection with the transferring of USD 1.1 million from the Far Eastern International Bank of Taiwan to a personal account in Sri Lanka.