Businesswoman Thilini Priyamali who was remanded over a large-scale financial fraud has been released from prison, the Department of Prisons said today.
The spokesperson for the Department of Prisons said that Priyamali was granted bail relating to the possession of a mobile phone while in prison.
The spokesperson further said as she has also met her bail conditions in other cases filed against her, she was released from prison.
Priyamali was arrested in early October for financially defrauding several businessmen, politicians, and civil, religious, and political leaders.
Investigations into the financial fraud revealed that she had allegedly defrauded Rs. 1.28 billion.
Soon after being remanded, Prison officials had found Thilini Priyamali to be in possession of a mobile phone while in prison.
The Criminal Investigation Department thereafter arrested and remanded Isuru Bandara, the alleged business partner of Thilini Priyamali.
In November, Buddhist monk Ven. Borelle Sirisumana Thero and Sri Lankan corporate personality, Janaki Siriwardana were arrested and remanded in connection to the financial fraud linked to Thilini Priyamali.
On 16th December, the Fort Magistrate’s Court released Thilini Priyamali on strict conditional bail over the large-scale financial fraud.
All suspects arrested and remanded in connection to the financial fraud are released on bail as of today. (NewsWire)