January 31, Colombo (LNW): The Criminal Investigation Department (CID) has arrested a former Managing Director of the Ceylon Petroleum Corporation (CEYPETCO) in connection with the alleged embezzlement of Rs. 6.1 million.
The arrest took place yesterday in the Malabe area, according to Police Spokesman SSP Buddhika Manathunga.
This latest arrest follows the earlier detention of former Minister Anura Priyadarshana Yapa and his wife, who were also implicated in the alleged misuse of the same sum of money from the CEYPETCO, dating back to 2014.
The couple was subsequently granted bail by the Colombo Additional Magistrate.
