Thera remanded for alleged fraud | Daily News

Thera remanded for alleged fraud

Ven. Uwathanne Sumana Thera who was arrested by the Criminal Investigation Department (CID)  for his alleged involvement in issuing cheques which were returned due to the lack of funds, was ordered to be remanded till December 14 by Colombo Additional Magistrate Manjula Rathnayake.

The Criminal Investigations Department informed the Magistrate that the suspect Thera had obtained 840,240 kilograms of Coconut oil from Anro Company.

It has been revealed that the Thera had allegedly given a bounced cheque worth nearly Rs.50.7 millions.

The Criminal Investigation Department informed Court that there is another pending case regarding similar fraud worth Rs.40 million against this Thera.

Thus, Investigations have further revealed that the Thera has been defrauded of more than Rs.10 million.Attorney-at-law Susantha Bandara appearing on behalf of the suspect informed the Magistrate that more than Rs.100 million had been transacted through this company and that this small amount would be paid in the future. He also requested the Magistrate to release his client on bail.



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