COLOMBO — Former National Water Supply and Drainage Board (NWSDB) Chairman Nishantha Ranatunga has reportedly been arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) over allegations of financial misappropriation during his tenure.
According to the initial report, the arrest relates to suspected financial irregularities involving the state institution while Ranatunga served as its chairman.
The precise nature of the alleged misappropriation, the amount of money involved and the specific transactions under investigation have not been established in the information provided.
Further details concerning any charges, court proceedings or bail arrangements are also awaited.
The allegations remain subject to investigation and do not constitute a finding of criminal wrongdoing.
