Sri Lanka, Sept. 23 -- Former Mayor of the Moratuwa Municipal Council Saman Lal Fernando has been granted bail by the Colombo Magistrate's Court today (23), Ada Derana reporter said.

Accordingly, Colombo Chief Magistrate Asanga S. Bodaragama ordered the suspect to be released on a cash bail of Rs. 50,000 and three surety bails of Rs. 1 million each.

The Magistrate also banned the suspect from traveling abroad and from entering the Moratuwa Municipal Council premises.

The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) on September 10 arrested and presented Saman Lal Fernando before court.

He was arrested on suspicion that he had caused financial losses to the government by making illegal payments to his associa...