Lakshman Yapa Abeywardena indicted over Rs. 1.7 Million BOI funds misuse
Lakshman Yapa Abeywardena
Former Minister Lakshman Yapa Abeywardena and former Director General of the Board of Investment (BOI), Jayantha Edirisinghe, were today (June 30) served indictments before the Colombo High Court over the alleged misuse of BOI funds in 2014.
The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) filed the indictments, alleging that the two caused a financial loss of over Rs. 1.74 million to the government by using BOI funds to publish newspaper advertisements.
The advertisements, which appeared in 11 newspapers, were published to mark the second anniversary of then-President Mahinda Rajapaksa’s second term in office on November 19, 2014.
Colombo High Court Judge Pradeep Abeyrathne granted bail to both accused, with two sureties of Rs. 1 million each.
The case has been fixed for a pre-trial conference on August 20, 2025.
Latest Headlines in Sri Lanka
- Sri Lanka exceeds 1.5 Million tourist arrivals in 2025 August 18, 2025
- BIA records 78% profit increase in first half of 2025 August 18, 2025
- Sri Lanka launches teacher training for education reforms August 18, 2025
- Sri Lanka Postal services disrupted by nationwide strike August 18, 2025
- Sri Lanka Customs records highest-ever revenue of Rs. 235 Billion August 17, 2025
