Bond Scam: Ravi K and 7 others released on bail

Former Minister Ravi Karunanayake and seven others who were arrested and remanded over the second alleged bond scam amounting to Rs. 36.98 billion on March 29, 2016, were ordered to be released on bail by Colombo High Court Trial-at-Bar today.

Accordingly, the accused were released on Rs. 1 million cash bail each and two surety bail of Rs. 5 million each.

Delivering the bail order, the High Court Trial-at-Bar imposed a travel ban on all 8 accused.

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