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Namal granted bail

Hambantota district MP Namal Rajapaksa arrested and remanded for allegedly purchase of HelloCorp shares for Rs. 125 million was granted bail by Colombo Fort Additional Magistrate Nishantha Peris, short while ago.

Namal Rajapaksa and one other person were arrested for being unable to explain how they came by the funds of over Rs. 100 million to make the purchase of the shares. He was arrested under the Money Laundering Act, his lawyers said.Namal Rajapaksa and five others were charged as suspects in the HelloCorp case on 28 July.

Allof them were released on four sureties of Rs.500,00.

Earlier MP Rajapaksa was arrested by the FCID on July 11 in connection with the misappropriation of Rs. 70 million, paid to him by the Krrish Company, and released on bail on 18 July.

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