UPFA MP and Former Minister of Economic Development Basil Rajapaksa was further remanded till May 20 by the Kaduwela Magistrate Courts a short while ago.

Rajapaksa was arrested on April 22 by police Financial Crimes Investigations Division in connection with financial fraud in the Divi Naguma Department. Former Secretary to the Economic Development Ministry Dr. Nihal Jayathilake and former Director General of Divi Naguma Project R.A.A.K. Ranawaka were also arrested on the same day.

They were produced before the Magistrate after their arrest and were charged under the Offenses Against Public Property Act. The main charge against them is the misappropriation of funds amounting to Rs 70 million in the Divi Naguma Fund. The Magistrate remanded them till May 5, and on that day, further remanded them till May 7.