Milco Employees Arrested for Holding Chairman Hostage Granted Bail

Thirteen Milco employees, who were apprehended for holding Milco's chairman hostage at the company's main office, have been granted surety bail of Rs. 500,000 each by the Fort Magistrate's Court. The arrest came following a dramatic incident at the Milco main office, and the subsequent legal proceedings occurred swiftly.

The ordeal unfolded at the company's main office, prompting the intervention of the Kollupitiya police. After thorough investigation and legal proceedings, the court has decided to release the employees on bail, with each individual required to provide surety in the amount of Rs. 500,000.

This incident has garnered significant attention and highlighted the ongoing issues within the Milco organization, prompting discussions and legal actions that continue to unfold.