Prasanna Ranatunga sentenced 2-year RI, suspended for 5 years
High Court Judge Manjula Tillekeratne today (06) ordered that Minister Prasanna Ranatunga be found guilty of one count of allegedly extorting Rs. 64 million from a businessman.Sri Lankan Minister Prasanna Ranatunga was sentenced to two years rigorous imprisonment suspended for five years.
The Colombo High Court also imposed a fine of Rs. 25 million on the Minister and ordered him to pay Rs. 1 million as compensation.If the Minister fails to pay the Rs. 25 million fine, 9 more months will be added to the sentence.If the Minister fails to pay the Rs. 1 million compensation, 3 more months will be added to the sentence.
Accordingly, the High Court Judge found Minister Prasanna Ranatunga guilty of the charge of signing a promissory note. The case was filed against Minister Prasanna Ranatunga and his wife Maureen Ranatunga and three others in connection with the alleged extortion of Rs. 64 million from a businessman.