January 27, Colombo (LNW): Yoshitha Rajapaksa has been granted bail by the Colombo Magistrate’s Court following his arrest in connection with a money laundering investigation.
The court set his bail conditions at two surety bonds, each valued at Rs. 50 million.
The decision to grant bail comes after Rajapaksa was remanded earlier this week as part of the ongoing investigation into his alleged involvement in illicit financial activities.
The charges relate to the purchase of property worth Rs. 34 million in Ratmalana, which is believed to be linked to violations under the Prevention of Money Laundering Act.
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