Criminal breach of trust case suspect agrees to settle money in installments

Wednesday, 29 August 2012 00:01 - - {{hitsCtrl.values.hits}}

By T. Farook Thajudeen

A former Manager of Rajagiriya Branch of a finance company who was alleged to have committed criminal breach of trust amounting to Rs. 447,810.57 on the pretext of reimbursing the branch’s cash undertook to repay the defrauded amount in equal installments of Rs. 50,0000 before Colombo Additional Magistrate Prasanna De Alwis on Monday.

Welikada Police producing the suspect, Dambure Liyanage Buddhika, before the Magistrate submitted that they investigated into the matter on a complaint made by the Deputy General Manager of the finance company on 29 July 2012, alleging that the suspect had cheated the company for a sum of Rs. 447,810.57 from time to time on the pretext of reimbursing the cash of the Rajagiriya branch.

Police further said that the investigations had revealed that the suspect had taken the alleged cash from the head office claiming to reimburse the branch’s cash.

However, he had deposited it in a private account of the suspect at a private bank in Pamunuwa. The Police said that the suspect had committed the offence with fraudulent intentions and maliciously.

The suspect agreed to repay the money in installments of Rs. 50,000.

Counsel Deshan Hewavithana instructed by Sudath Perera Associates watched the interests of the finance company.