Update: Yoshitha Rajapaksa granted bail

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.

Previous report:

Share post:

spot_imgspot_img

Popular

More like this
Related

International Manhunt Ends in Bulgaria as Sri Lanka Seeks Return of ‘Ran Malli’

October 11, Colombo (LNW): Sri Lankan authorities are preparing...

Sri Lanka Plans Drug-Free Model Villages Across Every Divisional Secretariat Area

October 11, Colombo (LNW): Sri Lanka is preparing to...

Sri Lankan Parliamentary Official Under Interdiction Takes Legislative Research to International Stage in Mexico

By: Isuru Parakrama October 11, Colombo (LNW) Senior Attorney-at-Law Chaminda...

Crowned in Manila, Now on a Mission to Put Sri Lanka on the World Tourism Map

By: Isuru Parakrama October 11, Colombo (LNW): Sri Lankan educator,...