Udaya Gammanpila & Sydney Jayasinghe Indicted in Fraud Case

In the year 2000 MP Udaya Gammanpila and Sydney Jayasinghe used  a fraudulent power of attorney to sell shares belonging to Australian businessman Brian Shadick. They were indicted in the Colombo High Court today for alleged misappropriated Rs. 21 million

Both accused Udaya Gammanpila and Sydney Jayasinghe are currently out on bail.

The Attorney General (AG) alleged that MP Udaya Gammanpila has cheated Rs. 20 million and misappropriated another Rs. 21 million along with Sydney Jayasinghe, the second accused when selling shares of Digital Nominees to a businessman called Dhammika Perera.