The Colombo High Court today (24) acquitted former Minister Udaya Gammanpila and businessman Sydney Jayasinghe of charges related to the alleged criminal misappropriation of Rs. 21 million.
The case was based on accusations that the two had sold shares of a company owned by Australian businessman Brian Shaddick using a fraudulent Power of Attorney.
The verdict brings an end to the long-standing legal battle against Gammanpila and Jayasinghe, clearing them of all charges.