Politics8/26/2025Bloomberg

Sri Lanka Ex-President Gets Bail After Arrest on Misuse of Funds

Sri Lanka Ex-President Gets Bail After Arrest on Misuse of Funds

Former Sri Lankan President Ranil Wickremesinghe has been granted bail after being arrested on charges of misusing government funds during his tenure as the head of state in 2023. Wickremesinghe was taken into custody on August 22nd and held in custody until his release on bail. The allegations against him involve the purported misuse of public funds, though the specific details of the case have not been provided. This incident comes amid ongoing political and economic turmoil in Sri Lanka, which has been grappling with a severe financial crisis and social unrest in recent times. The decision to grant bail to the former president has been seen as a significant development, as it suggests the legal process is moving forward despite the sensitive nature of the allegations against a former head of state.

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