Former President Mahinda Rajapaksa’s Chief of staff Gamini Senarath and two others were acquitted by the Colombo Permanent High Court today (8) of misappropriating Rs.500M from Litro Gas.
The Permanent Trial-at-Bar comprising Judges Sampath Abeykoon, Sampath Wijeratne and Champa Janaki Rajaratne acquitted all accused as the prosecution failed to prove the allegations beyond reasonable doubt.
The other accused in the case are former Sri Lanka Insurance Corporation Managing Director Piyadasa Kudabalage, and Lasantha Bandara.
On an earlier, occasion another accused Neil Bandara Hapuhinna was acquitted on the basis that there was insufficient evidence against him.
The Court observed that since the prosecution could not prove the first allegation of ‘criminal breach of trust’ put forward against Kudabalage over the alleged transfer of Rs. 500 million from Litro Gas, the other charges of criminal misappropriation, offences under Public Property Act and the Money Laundering Act which were brought against the accused based on the first allegation also failed.
Further, the Court also observed that there were shortcomings on the part of the prosecution in filing allegations against the suspects.
The Attorney General had earlier filed the case against the defendants under the Public Property Act for allegedly misappropriating Rs 500 million funds belonging to Litro Gas Lanka by investing in ventures including the Helanko Hotels & Spa hotel project, from 1st of February 2014 to 20th January 2015.