The Court of Appeal rejected the revised bail application filed on behalf former Minister Johnston Fernando and three others.
The Kurnegala High Court ordered former Minister Fernando and three others be remanded on September 03 till the conclusion of the trial.
The four suspects are indicted for misusing funds belonging to Sathosa Ltd.
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The Supreme Court of Sri Lanka has ordered the Election Commission to immediately proceed with the postponed Local Government Elections.
United Petroleum (UP) was launched in Sri Lanka today and will commence retail fuel operations in September with 150 dealer owned and operated fuel stations.
Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, has cautioned that reversing the current economic programme could lead to a resurgence of the severe economic and social crisis Sri Lanka endured nearly two years ago.
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