Event
Share sale breach of trust case
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Details
- Court
- Colombo High Court
- Allegation
- Sale of an Australian businessman’s shares without authority, about Rs. 21 million
- Outcome
- Acquitted on 29 September 2026
Connections (1)
- Udaya Gammanpila / Acquitted in / Share sale breach of trust case
- The Colombo High Court acquitted him of criminal breach of trust after a lengthy trial, finding that the prosecution had not proved the charges. The case alleged that he sold shares belonging to Australian businessman Brian Shaddick using a power of attorney that was allegedly forged.29 Sep 2026 · Newswire · Udaya Gammanpila acquitted in alleged share fraud case