The Colombo Justice of the Peace’s Courtroom right this moment (12) ordered the discharge on bail of J. Lanka Restricted (Continental Insurance coverage Lanka Restricted) Chief Government Officer Mailanarachchige Don Wenceslaus Gerard Lazarus Gunadasa, also called Gerry Gunadasa, who had been arrested in reference to allegedly providing a bribe to a former Extra Authorities Analyst at present in remand custody.
The suspect had been taken into custody by the Bribery Fee and had been produced earlier than the court docket.
Officers of the Bribery Fee advised the court docket that info had come to mild indicating that the suspect had authorized the funds mentioned to have been made as bribes to the previous Extra Authorities Analyst who’s at present in remand custody.
Accordingly, the Bribery Fee submitted that the suspect was arrested and produced earlier than the court docket on expenses of aiding and abetting corruption and providing gratification to a public servant, and requested that he be remanded, as investigations weren’t but full.
President’s Counsel Ali Sabry, showing for Continental Insurance coverage Lanka Restricted, advised the court docket that neither the suspect nor the corporate had in any manner engaged in bribery.
He famous that the companies of the Extra Authorities Analyst at present in remand custody had been obtained by the corporate lawfully and that the Authorities Analyst’s Division’s officers are legally permitted to undertake non-public work beneath the institutional laws.
The President’s Counsel questioned why the corporate would want to acquire illegal analytical studies by bribery when it had already paid greater than Rs. 13 billion in claims for car accidents and different incidents over the current interval.
He additional identified that, owing to the current catastrophe scenario, the corporate is required to pay greater than Rs. 3 billion in compensation to affected events and that remanding the suspect would severely hinder these processes.
Accordingly, President’s Counsel Ali Sabry requested that the suspect be launched on bail.
Having thought of the submissions, the Justice of the Peace ordered that the suspect be launched on two surety bonds of Rs. 5 million every.
The Justice of the Peace warned the suspect towards trying to affect witnesses, including that any such criticism would outcome within the cancellation of bail and the suspect being remanded.
The court docket additionally imposed a ban on the suspect’s international journey. The case was mounted for additional listening to on the twenty second.
(Earlier Information on 12th December, 2025 at 3:12pm)
Continental Insurance coverage CEO arrested
The CEO of Continental Insurance coverage Lanka Ltd. – Mailanaratchchige Don Wenceslaus Gerald Lazarus Gunadasa, alias Gerry Gunadasa, has been arrested by officers of the Fee to Examine Allegations of Bribery or Corruption (CIABOC) right this moment (Dec. 12).
He faces expenses of providing a bribe in addition to aiding and abetting corruption.
On Dec. 09, Chaminda De Silva – one of many firm’s founder Administrators and Deputy Chairman, was additionally arrested and subsequently remanded till Dec. 22.
His arrest is related to an ongoing investigation into alleged corruption involving the issuance of car inspection studies by the Authorities Analyst’s Division.
CIABOC officers had arrested him on the firm’s head workplace, and subsequently produced him earlier than Chief Justice of the Peace Asanga S. Bodaragama.
Beforehand, a retired officer of the Authorities Analyst’s Division – D.H.L.W. Jayamanne – has additionally been arrested on this regard, for allegedly accepting a bribe totaling Rs. 6,415,050 to offer unlawful car inspection studies.
That is mentioned to have unlawfully benefited the corporate whereas inflicting monetary losses to the federal government.
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