Charges were leveled against Yoshitha Rajapaksa and the four others representing the CSN network, under the Money Laundering Act, after they failed to prove their innocence over how the company derived the starting capital of 234 million rupees, excluding 7 million rupees from the fund.
In this connection, Yoshitha Rajapaksa and four others, Rohan Weliwita, Nishantha Ranatunga, Kavishan Dissanayake and Ashan Rabinath Fernando, have been arrested and remanded after investigations on misappropriation of funds at the CSN.
Yoshitha Rajapaksa and three others were granted bail by Colombo High Court today(14).However, Nishantha Ranatunga was not granted bail.
