Former Sri Lanka Transport Board (SLTB) Chairman Shashi Welgama, on charges misappropriated Rs. 125 million funds belonging to the CTB was released on bail by the Colombo High Court today(6).
He was released on a cash bail of Rs.200, 000 and two sureties of Rs. 5 million each. He was also banned from leaving the country.
President of the Lanka Private Bus Owners Association (LPBOA), Gemunu Wijeratne said, that traffic congestion in Colombo and surrounding areas created a big problem…