The Court of Appeal today suspended the remand order issued on Tiran Alles, and has ordered for his immediate release. The decision was given today after a revision petition was filed by Alles, who is a former MP and the owner of the Mawbima newspaper.
On November 2, the Colombo High Court remanded Alles, Saliya Wickremasuriya and Jayantha Samarasinghe for allegedly committing financial fraud worth Rs. 125 million at the Reconstruction and Development Agency (RADA) in 2006.
Wickremasuriya was the Chief Operating Officer of RADA, while Samarasinghe was an accountant at the organisation. RADA under the Chairmanship of Alles. They allegedly obtained Rs. 645 million from the Treasury to build houses for tsunami victims. However no houses were constructed. The fourth accused, ex-LTTEer Emil Kanthan has been evading courts and was not present at courts during the ruling early this month.