Former Sigma CEO Elmo de Alwis and CFO given suspended prison sentence

By Brian Robins
Updated May 26 2016 - 8:33pm, first published 7:40pm
Former Sigma Pharmaceuticals CEO Elmo de Alwis has been placed on a 42-month good behaviour bond. Photo: Jason South
Former Sigma Pharmaceuticals CEO Elmo de Alwis has been placed on a 42-month good behaviour bond. Photo: Jason South

Sigma Pharmaceuticals former chief executive Elmo de Alwis and his chief financial officer Mark Smith have avoided a custodial term for cooking the company's books, receiving instead a fine and a suspended prison sentence.