Shiranthi Rajapaksa, wife of former President Mahinda Rajapaksa, was granted bail by the Colombo Magistrate’s Court yesterday (16) in connection with the alleged misappropriation of funds linked to the ‘Siriliya Saviya’ organisation.
Colombo Chief Magistrate Asanga S. Bodaragama ordered her release on two surety bonds of Rs. 10 million each and a cash bail of Rs. 100,000. The Magistrate also imposed an overseas travel ban on her.
Rajapaksa was arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) over allegations of criminal misappropriation and financial irregularities involving an account linked to the ‘Siriliya Saviya’ Fund.
The investigation centres on the alleged misuse of Rs. 10 million provided by the National Savings Bank to the organisation.
Meanwhile, a medical report submitted to the court yesterday indicated that Rajapaksa required bypass surgery.
After examining the report, the Magistrate told court that it detailed her medical condition and indicated the need for the procedure. He also noted that the report had been submitted with a covering letter from the Director of the Colombo National Hospital.