Ref: (Lanka-e-News - 30 Jan 2025, 11:30 PM)
Politics is often full of secrets and scandals, but Sidney Jayasinghe’s new book, How to Defraud an Australian Investor, brings shocking allegations into the spotlight. In this book, Jayasinghe shares his experiences with Sri Lankan politician Udaya Gammanpila, accusing him of financial fraud, manipulation of nationalism, and deceitful dealings.
Udaya Gammanpila, leader of the Pivithuru Hela Urumaya (PHU) party, has built his reputation as a strong Sinhala nationalist. According to Jayasinghe, Gammanpila used his nationalist image to gain public support while hiding questionable financial activities. He aligned himself with powerful figures like former President Mahinda Rajapaksa and used patriotic rhetoric to divert attention from his alleged frauds, especially those involving foreign investors.
One of the most serious allegations against Gammanpila is the fraudulent use of a Power of Attorney to sell shares owned by Australian investor Brian Shaddik. A witness, Indivara Perera, testified in the Colombo High Court that Gammanpila sold shares worth Rs. 20 million and directed the funds elsewhere.
During the case, Perera stated that the money from the fraudulent sale was sent to Jayasinghe. However, in an affidavit, Jayasinghe claimed he did receive money from Gammanpila but couldn’t recall what happened to it. This raises even more questions about the extent of the fraud.
During cross-examination, Gammanpila’s lawyer, Shavendra Fernando, PC, tried to challenge Perera’s testimony, questioning its accuracy. However, Perera maintained that he worked for Amsro Lanka Pvt Ltd, a company linked to Shaddik’s investments, strengthening the fraud allegations.
Judge R. Gurusinghe has scheduled further hearings for October 8, 2019. With charges of forgery, financial misappropriation, and breach of trust, Gammanpila’s legal troubles are far from over.
This is not the first time Gammanpila has been accused of financial wrongdoing. Jayasinghe’s book reveals that similar fraud claims date back to 1996 and 1997, when Gammanpila allegedly forged an Australian investor’s signature for illegal transactions. If proven, these allegations could seriously damage his credibility.
The Attorney General’s office has compiled a strong case, showing how Gammanpila misused funds over a long period. Experts believe this case could set an important example in holding politicians accountable for financial crimes.
With the court case ongoing and Jayasinghe’s book making headlines, Gammanpila is under immense pressure. His nationalist image is being questioned, and many now wonder whether his supporters were misled. While he denies all allegations, the growing evidence is making it harder for him to escape scrutiny.
The release of How to Defraud an Australian Investor has sparked discussions about corruption in Sri Lankan politics. Both local and international media are investigating Gammanpila’s financial dealings, and legal experts are debating the possible outcomes of his trial.
Public opinion is also shifting. Gammanpila once had strong support from nationalist groups, but many are now reconsidering their trust in him. If the allegations prove true, this could be the downfall of a politician who once claimed to protect Sri Lanka’s interests.
Gammanpila’s case is part of a bigger problem—corruption in Sri Lankan politics. For years, politicians have been accused of financial crimes, misuse of power, and lack of accountability. Jayasinghe’s book serves as a reminder that corruption is still a major issue in the country.
The Sri Lankan people have long demanded transparency from their leaders. Regardless of the court’s final decision, this case highlights the urgent need for political reforms to prevent similar frauds in the future.
As the legal battle continues, all eyes are on the Colombo High Court. Will Gammanpila be held accountable, or will political influence protect him?
Sidney Jayasinghe’s book has revealed disturbing allegations, but the final judgment rests with the judiciary. One thing is clear: Sri Lanka’s political landscape is changing, and people are demanding answers. The days of unchecked political power may finally be coming to an end.
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