Onmax DT Directors Flee Sri Lanka; Court Issues Warrants

COLOMBO (News 1st); Colombo Chief Magistrate Thilina Gamage issued warrants for the arrest of the sixth and seventh suspects, identified as directors of Onmax DT, in relation to an ongoing case.

The Criminal Investigation Department noted that the sixth suspect, who had previously been arrested and granted bail, surreptitiously left the country within eight days of his release.

The added that the seventh and eighth suspects have also fled Sri Lanka.

In light of these developments, the CID has pledged to pursue further legal action and intend to secure open warrants for the arrest of the three suspects.

The investigation extends beyond the directors themselves.

The CID is also scrutinizing assistant directors within the company and other individuals who had aided in committing financial fraud.

Today, the Chief Magistrate issued a directive to the directors of Onmax DT and tasked with formulating a refund program for the depositor victims who suffered losses due to the pyramid scheme operated by the company. This program must be submitted to the court for review.

During the court proceedings, four directors from Onmax DT appeared before open court.

The suspects were represented by President's Counsel Anuja Premaratne, and President's Counsel Anura Meddegoda, among other counsel.

The case is scheduled to be revisited on May 28th.