August 17, Colombo (LNW): Legal proceedings are reportedly set to be initiated against Energy Minister Kumara Jayakody in connection with alleged financial irregularities dating back to his time at the Fertiliser Corporation in 2015, a report by Sunday Times disclosed.
The Commission tasked with probing bribery and corruption is preparing to bring the matter before the High Court, sources familiar with the development have disclosed.
At the heart of the case is a sum amounting to Rs. 8 million, which is believed to have been misappropriated during Mr Jayakody’s tenure. He had then chaired the tender committee responsible for awarding a procurement contract that subsequently became the focus of official scrutiny.
Two other individuals are also expected to be named in the case, suggesting a broader web of accountability within the institution at the time.
Whilst the identities of the additional suspects have yet to be formally confirmed, investigators are said to be in possession of documentation and testimonies that point to coordinated wrongdoing.