Ex-Finance Minister released from two more charges in 2016 bond scam case

INSUBCONTINENT EXCLUSIVE:
The Court of Appeal today (28 Feb.) issued a writ order stating that the charges filed by the Attorney General against former Finance
Minister Ravi Karunanayake under the Public Property Act cannot be sustained.The order was issued by an Appellate Court bench comprising of
Justices Sobhitha Rajakaruna and Dhammika Ganepola, upon examining the petition filed by the former Minister.Karunanayake was charged with
defrauding over Rs
50 billion during two Treasury Bond auctions held on 29 and 31 March 2016.The Attorney General filed the case against Karunanayake and
several others before a three-judge bench of the Colombo High Court.However, the former Minister appealed the charges levelled against him,
claiming that they were filed illegally and thereby cannot be maintained
Accordingly, Karunanyake filed a petition seeking an order that he be released from the charges.