Regulatory & Policy NewsEconomy-wide / Cross-sector

⚖️ Shiranthi Rajapaksa Remanded in Custody Until 13 Oct

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• Legal Action & Arrest: Former First Lady Shiranthi Rajapaksa was arrested by CIABOC and remanded by the Colombo Magistrate’s Court until 13 October following her recent return to Sri Lanka. • Allegations: Arrest involves alleged misuse of Rs. 10 Mn obtained from a State bank, under the Public Property Act and corruption-related provisions tied to the Siriliya Saviya organization. • Defence Submission: Defence counsel stated that funds collected for a CT scanner (Rs. 42 Mn of targeted Rs. 160 Mn by 2014) remain in the Siriliya Saviya bank account at the Suduwella branch, which was frozen following a post-2015 government change complaint.

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