Politics · Sri Lanka Bureau
Rajapaksa denied bail again in Krrish transaction case
MP Namal Rajapaksa has been further remanded in custody until October 6 following a court hearing in Colombo. The Colombo Chief Magistrate's Court rejected a bail application in connection with the Krrish deal investigation.
LSN Sri Lanka ·
The Colombo Chief Magistrate's Court has extended the remand of opposition MP Namal Rajapaksa until October 6 in relation to the Krrish transaction case. The decision came after the court considered and rejected an application for bail on Tuesday.
Rajapaksa, a prominent member of the Rajapaksa political family, has been in custody since his arrest in connection with the investigation into the Krrish business dealings. The case centres on allegations related to financial transactions involving the company.
The court's refusal to grant bail marks a significant development in the ongoing investigation. The further remand extends his detention by several days, during which investigations are expected to continue.
The case has attracted considerable public and political attention given Rajapaksa's status as a sitting parliamentarian and member of a politically influential family. His legal team is expected to pursue further remedies through the court system.