Sakvithi Ranasinghe who was accused of a large scale financial fraud has been arrested. The Mirihana Special Police Unit apprehended him a shortwhile ago based on information received by the Civil Defence Committee. This was revealed by Police Media Spokesman SP Preshantha Jayakody
Sakvithi Ranasinghe is accused of defrauding a large group under the guise of accepting deposits for high interest rates. Several Police teams were deployed to arrest him. There were reports that he had fled the country. As such the Police Department had to seek the support of INTERPOL to nab him.
The Police Media Spokesman however said that initial investigations had revealed that he had not fled the country but was in hiding. A Police team, which was operative under the guidance of SP Nugegoda Deshabandu Tennekoon succeeded in apprehending him this morning. The Police Media Spokesman said that he would be handed over to the CID for further investigations.