The Colombo High Court today (24 March) ordered the acquittal and release of Pivithuru Hela Urumaya (PHU) leader Udaya Gammanpila, and another accused in a case involving the alleged misappropriation of Rs. 21 million through a fraudulent share transaction in 2000.

The Attorney General had filed an indictment against Gammanpila and Sydney Jayasinghe, the second accused, over the sale of Digital Nominees’ shares to businessman Dhammika Perera. However, the court ruled in their favour, clearing them of all charges.