By AJA Abeynayake

The Fort Magistrate’s Court yesterday (22) took up a case involving alleged financial irregularities amounting to Rs. 70 million during the leasing of 4.3 acres of land at the Krrish Transworks Square in Fort, Colombo.

 SLPP MP Namal Rajapaksa, who has been named as a suspect in the case and is currently out on bail, was present in court during the proceedings.

The case, which has drawn significant public attention, centres on allegations of financial misconduct related to the leasing of prime land in the Colombo Fort area. The CID is leading the investigation into the matter.

 During yesterday’s hearing, investigating officers informed the court that the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) had initiated a separate inquiry into MP Rajapaksa concerning the same incident.

Fort Magistrate Nilupuli Lankapura, after considering the submissions, directed that the ongoing case be taken up again on 04 June, pending further advice from the Attorney General’s Department. The court’s decision to adjourn the case allows time for the CID and CIABOC to continue its parallel investigations.