January 31, Colombo (LNW): Priyantha Mayadunne, the former Secretary to the Ministry of Public Administration, was granted bail yesterday (30) after being arrested by the Criminal Investigation Department (CID) in connection with alleged financial misappropriation.
Mayadunne was taken into custody over suspicions surrounding the misuse of funds linked to a commemorative event held in 2011.
The Fort Magistrate’s Court set Mayadunne’s bail at Rs. 200,000, and he was released on a personal bond after being formally presented before the court.
The arrest relates to ongoing investigations into the alleged misappropriation of Rs. 183 million, which was obtained from the Cooperative Fund for the ‘Isuru Saviya’ event in Kurunegala, held to mark International Cooperative Day.
The CID submitted key details of their investigation to the Attorney General (AG), who concluded that there was sufficient evidence to charge Mayadunne in relation to the financial irregularities, according to Police Media Spokesperson, SSP Buddhika Manatunga.
At the time of the alleged misappropriation, Mayadunne held the position of Additional Secretary in the Ministry of Co-operatives and Internal Trade.
