Former First Lady Shiranthi Rajapaksa Remanded Until October 13 Over Alleged Fund Misuse

Former First Lady Shiranthi Rajapaksa has been remanded until October 13 after appearing before the Colombo Chief Magistrate’s Court. The judicial order followed her arrest earlier in the day by officers from the Commission to Investigate Allegations of Bribery or Corruption (CIABOC).

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The arrest was carried out at the Kirulapone residence where former President Mahinda Rajapaksa is currently residing. Authorities initiated the action over allegations that Shiranthi Rajapaksa acquired Rs. 10 million from a state-owned bank and subsequently committed offences under corruption laws and the Public Property Act through the alleged misuse of the money.

Key Developments

  • The Colombo Chief Magistrate’s Court remanded former First Lady Shiranthi Rajapaksa until October 13.
  • CIABOC officers took her into custody at the Kirulapone residence of former President Mahinda Rajapaksa.
  • The investigation focuses on the alleged receipt and misuse of Rs. 10 million from a state-owned bank, involving breaches of corruption statutes and the Public Property Act.
  • Former state bank chairman Pradeep Kariyawasam was granted bail after being detained under the same inquiry.

During the same court proceedings, the magistrate ordered the release on bail of former state bank chairman Pradeep Kariyawasam, who had also been arrested in connection with the ongoing financial investigation.

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