CSN Money Laundering Case Before Kaduwela Magistrate’s Court Today

CSN Money Laundering Case Before Kaduwela Magistrate’s Court Today

Money laundering case  at the CSN network will be taken up once again today before the Kaduwela Magistrate’s Court.

Yoshitha Rajapaksa, Nishantha Ranatunga, Rohan Weliwita, Kavishan Dissanayake and Ashan Rabinath Fernando who were arrested, remanded and later released on bail, are due to appear before  the Court.

They were  released on bail on the grounds that there was no public property involved.  Colombo High Court has granted bail  on 100,000 rupee cash bail along with two surety bails of 1 million rupees each.

Charges were leveled against Yoshitha Rajapaksa and the four others representing the CSN network under the Money Laundering Act,  after they failed to prove their innocence over how the company received the money for the starting capital of 234 million rupees, excluding 7 million rupees from the fund.