Former Navy Commander granted bail

Friday, 03 July 2026 - 16:41

Former+Navy+Commander+granted+bail
Admiral of the Fleet Wasantha Karannagoda, who faced arrest by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) in connection with investigations into Yoshitha Rajapaksa, received bail today (03) from Colombo Chief Magistrate Asanga Bodaragama.

The magistrate ordered the suspect released on two sureties of Rs.2.5 million each and imposed a travel ban.

The order followed the suspect's appearance in court today, where the Bribery Commission presented its case.

CIABOC alleged that in 2006, Yoshitha Rajapaksa was recruited as an executive branch cadet officer despite lacking the required qualifications.

Furthermore, authorities claim that public funds were misused to provide him with training at the Britannia Royal Naval College, violating established procedures.



New Zealand, India upgrade ties as PM Modi visits Auckland
Saturday, 11 July 2026 - 13:14

Indian Prime Minister Narendra Modi and his New Zealand counterpart Christopher Luxon upgraded their nations' ​diplomatic ties on Saturday, as Modi seeks... Read More

US activist investors must disclose clients in filings
Saturday, 11 July 2026 - 13:14

Activist investors in the US must disclose the identities of their clients in regulatory filings, the Securities and Exchange Commission said in a move... Read More

Iran insists it had
Saturday, 11 July 2026 - 13:04

Iran insisted early Saturday it had "kept its word" with the U.S. and accused Washington of violating the memorandum of understanding (MoU) signed in June."Iran... Read More