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Rs. 4,750,828 corruption case : Prasanna Ranatunga granted bail

Former Minister of Tourism and Aviation Prasanna Ranatunga was granted bail today (12) by the Colombo Chief Magistrate’s Court after being arrested earlier in the day by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC). According to the Bribery Commission, Ranatunga was taken into custody over allegations of causing a financial loss exceeding Rs. 4 million to the Sri Lanka Insurance Corporation in 2021. Investigations revealed that while serving as the Minister of Tourism and Aviation, Ranatunga had allegedly intervened in the procurement process for direct insurance covers for employees of several state tourism bodies, including the Sri…

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