Former Finance Minister Ravi Karunanayake and seven others were remanded till April 1 by the Colombo High Court today.
Earlier the High Court Trial-at-Bar commenced proceedings agaisnt all suspects over the 2016 Central Bank bond scam after indictments were filed by the Attorney General.
Last week the case was taken up before a three-judge bench comprising High Court Judges Damith Thotawatte, Manjula Thilakaratne and Mohammed Irshedeen.
Lawyers who appeared for the accused requested that their clients be released on bail. However, Senior Deputy Solicitor General Haripriya Jayasundara, appearing for the Attorney General, strongly objected to granting bail to the suspects.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
Read these and more on tomorrow’s edition of the Sunday Times
Cabinet has approved the appointment of Commodore (retired) M.B.N.A. Premaratne of the Sri Lanka Navy, as the new Commissioner General of Excise.
Villagers in Nirmalapura, Daluwa, Norochcholai today staged a protest over an incident where a group of Navy officials and sailors had assaulted a resident in the area over night, Police said.
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