Sakvithi Ranasinghe given suspended sentence after pleading guilty

Sakvithi Ranasinghe, who pleaded guilty to 11 charges of criminal breach of trust for maintaining an unauthorized financial institution and promising high interest rates, has been sentenced to two years rigorous imprisonment for each charge suspended for five years.
Accordingly, Mr. Ranasinghe, a former popular English teacher, had informed the court that he pleads guilty to the related charges.
Accordingly, the High Court Judge, who sentenced him to two years of rigorous imprisonment for each charge, ordered that the sentence be suspended for 5 years.
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