Former Sri Lankan Ambassador to Russia Udayanga Weeratunga, who was held in remand custody over the alleged MiG Aircraft deal, was today ordered to be released on bail by Colombo Fort Magistrate.
Udayanga Weerathunga was ordered to be released on a cash bail of Rs.2.5 million with two sureties of Rs.50 million each by Colombo Fort Magistrate Ranga Dissanayake.
The value of the alleged deal was estimated at US$14 million. This is in connection with a financial fraud that is alleged to have taken place in procuring seven MiG-27 ground attack aircraft for the Sri Lanka Air Force (SLAF).
The suspect was not present in court yesterday and court was informed that he was undergoing treatment at Prison Hospital. Further magisterial inquiry fixed for May 5.
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