Former Chairman of Securities and Exchange Commission and 2 others remanded again


Former Chairman of the securities and exchange commission, Nalaka Godahewa and three others who were arrested on the charges of financial mismanagement of 5 Million rupees in 2013 have been imprisoned until the 4th of January.

The ruling comes after the accused were produced before the Colombo fort magistrate.

The former chairman was taken into custody when he reported to the financial crimes investigation division to record a statement.

The two other individuals arrested in connection with the incident are former deputy director general of the securities and exchange commission, Dammika Perera and an official of a private institution, Tony Ibrahim