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Australian share and power of attorney fraud case

Last verified 30 September 2026
Recent development: Udaya Gammanpila acquitted in second Australian share fraud case

Current status of the Australian share and power of attorney fraud case

ACQUITTED

Separate share/fraud prosecution involving alleged criminal breach of trust/misappropriation and alleged use of a forged power of attorney relating to an Australian national.

What’s happened

Acquitted by the Colombo High Court on 29 September 2026 after trial; no appeal reported.

Court
Colombo High Court
Next hearing / due
No upcoming hearing announced
Sources (4)

Australian share and power of attorney fraud case timeline

  1. 29 September 2026

    Acquitted

    Colombo High Court Judge Nadee Aparna Suwandurugoda acquitted and released Udaya Gammanpila of criminal breach of trust involving about Rs. 21 million, over the alleged sale of shares belonging to Australian businessman Brian Shaddick using an allegedly forged power of attorney, holding that the prosecution had failed to prove the charges beyond reasonable doubt. No appeal has been reported.

    Court: Colombo High Court

    Sources (3)
  2. 18 September 2026

    Hearing

    Reporting had scheduled the matter for 2026-09-18, but the current dataset does not establish the outcome of that date.

    Court: Colombo High Court

    Sources (1)