The Colombo High Court today acquitted former MP Udaya Gammanpila and another suspect from the financial fraud case filed involving an Australian national’s company.
The verdict has been issued after a 09-year trial on the case filed against Pivithuru Hela Urumaya (PHU) leader Udaya Gammanpila over a fraudulent share transaction.
Udaya Gammanpila has been accused of forging the signature of an Australian national to prepare a legal document to sell shares belonging to the latter’s company in 2016.
Subsequently, Gammanpila was accused of having misappropriated funds of up to Rs 21 million between September 26, 1996 and September 21, 1997. (Islandnews)
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