A Sri Lankan court today granted bail to the former president Mahinda Rajapaksa’s top aide Gamini Senarath and two others, who had been remanded on charges of misappropriating state funds.
Colombo Fort Magistrate Lanka Jayaratne released Senarath and the other two each on cash bail of Rs.50, 000 with two sureties of Rs.1 million each.
The Magistrate also imposed an overseas travel ban on the three suspects.
The suspects were in remand custody till today after they surrendered to the court through their lawyers on 13 November.
Gamini Senarath, and former Executive Director of Sri Lanka Insurance Corporation (SLIC) Piyadasa Kudabalage and Director General of the Samurdhi Development Department Neil Bandara Hapuhinna are accused of misusing government funds of 4 billion rupees.
The three accused are founding directors of Sino Lanka Hotels & Spa Private Limited which launched the Hyatt Regency project in Hambantota at a cost of Rs. 312.2 million without cabinet approval.