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COLOMBO (News 1st); The Colombo Magistrate’s Court today ordered the release on bail of businessman Nimal Sisira Kumara and Bandara Rambukwella, who had been in remand custody, after they were accused of aiding and abetting a money-laundering operation.
The order was issued when the case was taken up today before Colombo Chief Magistrate Asanga S. Bodaragama.
Allegations had been raised that they assisted in laundering Rs. 740 million, said to have been illegally earned by former Minister Keheliya Rambukwella.
During the hearing, the first suspect, Nimal Sisira Kumara, provided a confidential statement lasting nearly an hour before the Magistrate.
After considering the submissions, the Chief Magistrate ordered that both suspects be released on two separate cash bail bonds of Rs. 5 million each.
The Court also ordered a travel ban preventing the suspects from leaving the country.
