November 04, Colombo (LNW): Charitha Ratwatte, who once served as Secretary to the Ministry of Finance and as a senior advisor to a former Prime Minister, has been taken into custody by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) in relation to a major financial irregularity.
The arrest concerns an inquiry into the 2015 purchase of 50 temporary storage facilities, reportedly brought into the country through the Sri Lanka State Trading Corporation at a cost exceeding Rs. 90 million.
Investigators allege that the procurement was carried out in breach of standard government procedures and without sufficient justification for the expenditure.
