By unusuma.lk on (LK time)
Colombo Additional Magistrate Manjula Ratnayake has rejected the CID’s request to remand a suspect, citing the lack of appropriate action taken against Yoshitha Rajapaksa, who was previously arrested and produced before the court under the Money Laundering Act.
The court highlighted that while the CID presented the matter as a serious allegation, they failed to produce the suspect before the court for eight years or take necessary steps to freeze his assets as required by the Act.
The Magistrate emphasized that under the Money Laundering Act, freezing assets related to the incident is mandatory during such investigations. As the CID failed to comply with this requirement, the court granted bail to the suspect.
