Media ‘Sakvithis’ in the dock in Sri Lanka?
In the past week, the name ‘Sakvithi’ has been causing ripples in Sri Lankan society and creating numerous news headlines — for all the wrong reasons.
Sakvithi Ranasinghe, a populist tutor of English turned millionaire businessman, has fled the country after duping thousands of unsuspecting people to deposit their life’s savings in his investment firm. Media reports have variously placed the number of victims between 1,500 and 4,000 — and some estimates place the total worth of his loot to be a whopping Rs. Nine billion (over USD 83.5 million).
Since it broke around September 21, the scandal has consumed a good deal of newspaper space and broadcast time. Editorialists and TV pundits have been having a field day, some simply …













