Janaki Siriwardena arrested over case against multi-billion rupee financial fraud

Janaki Siriwardena, a well-known business personality, has been arrested by the Criminal Investigation Department (CID), in connection with the alleged case against the multi-billion rupee financial fraud.

She was taken into custody yesterday in connection with the owner of Thico Group of Companies, Thilini Priyamali over her alleged massive financial crime. 

Last week, Police Spokesman SSP Nihal Thalduwa said that investigations into the financial crime involving controversial businesswoman Priyamali have shown that she reportedly defrauded Rs. 1.28 billion and 12 complaints have been received and investigations are underway into the complaints against her. 

On 6 October, controversial businesswoman Priyamali, the main suspect in a high-profile swindling case was arrested for financially defrauding several businessmen, politicians, and civil, religious, and political leaders. The CID also arrested Isuru Bandara, the alleged business partner of Priyamali on 17 October.

Both Priyamali and Bandara have been remanded by the Fort Magistrate’s Court over the said financial fraud.