Nishantha Ranatunga Granted Bail in Corruption Case | Here's Why He Was Arrested

COLOMBO (News 1st); Former National Water Supply and Drainage Board Chairman Nishantha Ranatunga, who was arrested over corruption allegations, has been released on bail.

The order was issued after he was produced before the Colombo Chief Magistrate’s Court today.

The suspect was released on two surety bails of Rs. 1 million each and a cash bail of Rs. 75,000.

The former chairman was arrested over allegations that, while serving as Chairman of the National Water Supply and Drainage Board, he caused the Board to pay approximately Rs. 5.8 million to a private company for deploying two security officers to provide security at his private residence, despite having no lawful entitlement to such a benefit.

He is also accused of causing a loss to the State by unlawfully engaging two drivers for his personal service and arranging payments of approximately Rs. 9 million from funds allocated to water supply projects operated by the Board to cover those expenses.