Ex-Minister Johnston Fernando Granted Bail in Lanka Sathosa Misuse Case ⚖️

• Legal Update: The Wattala Magistrate’s Court has granted bail to former Minister Johnston Fernando after four months in remand custody. The release was ordered on four sureties of Rs. 500,000 each. • Case Background: The investigation centers on the alleged misuse of a Lanka Sathosa (state-owned retail chain) vehicle. It is alleged that a lorry belonging to the state enterprise was diverted for private operations linked to an ethanol company reportedly owned by the former Minister. • Economic Impact: Financial Loss: The alleged misuse resulted in an estimated loss of Rs. 2.5 million to the State. Governance: This case highlights ongoing scrutiny regarding the management of state assets within the logistics and distribution sector. • Current Status: Along with Fernando, his two sons and a former transport manager of Lanka Sathosa were previously remanded. The case is scheduled to be recalled on 10 July 2026.