Former Minister of Economic Development, Basil Rajapaksa, who was arrested by the FCID today has been remanded until August 1.
Basil Rajapaksa was arrested over his involvement in a financial misappropriation case concerning the Divi Neguma Project. He was arrested when he arrived at the FCID to give a statement over the issue.
Last week, the Attorney General indicted Rajapaksa and three others for misappropriating Rs. 33 million from the Divi Neguma Funds. Following the indictment, a case was filed in the Colombo High Court against Basil Rajapaksa and 3 others for the criminal misappropriation of funds. They had misappropriated the funds during the 2015 Presidential Election.
Rajapaksa will be produced in Court today.
This is the third time Basil has been arrested. In June, he was arrested twice and then released on bail over two land issues in Gampaha and Matara.