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Politics

Ex-Finance Secretary Charitha Ratwatte arrested by CIABOC

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Former Secretary to the Ministry of Finance and senior advisor to a former Prime Minister, Charitha Ratwatte, has been arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) in connection with a high-profile financial misconduct case.

The arrest pertains to an ongoing investigation into the procurement of 50 temporary warehouses in 2015, which were allegedly imported through a state-owned commercial entity at a cost exceeding Rs. 90 million.

According to investigators, the transaction had been executed outside the standard procurement procedures and without any established necessity for such purchases at the time. CIABOC officials stated that the investigation had uncovered serious procedural lapses and possible misuse of public funds.

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