Notice issued on former SDA Chairman

COLOMBO: The Colombo Fort Magistrate court issued a warrant on September 13, on the Southern Development Authority former Chairman for failing to present himself in courts.

He was initially summoned to be present for questioning at the CID and his failure to cooperate resulted in him being issued this summons.

However he had given a statement to the CID on September 11 relating to a fraud committed by the present management on the local investors of Ruhuna 2001 Multivision (Pvt) Ltd.

It is believed that the sum in dispute, amounts to US $ 1 million that has deprived a local investor of his investment and a stake in the Pay Television Company.

This matter is currently under litigation in the Supreme Court and the District Court. The Magistrate Court summoned him for questioning to obtain a statement to extract information which will shed further light into the Multivision operations during its formation when he was the SDA Chairman and subsequently when the investors in Canada, Rystar was issued a cease order by the Canadian Stock Exchange.

The CID has thus far questioned the following individuals who are purporting to be company's present directors. They are: Suresh Edirisinghe, Chandima Deepal Perera and Christopher Rodrigo.