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	<title>misuse of funds Archives - India Podcast</title>
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	<title>misuse of funds Archives - India Podcast</title>
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		<title>Sri Lankan President Arrested for Misuse of Funds</title>
		<link>https://indiapodcast.com/sri-lankan-president-arrested-for-misuse-of-funds/</link>
		
		<dc:creator><![CDATA[Anil Vanna]]></dc:creator>
		<pubDate>Fri, 22 Aug 2025 09:59:43 +0000</pubDate>
				<category><![CDATA[Latest]]></category>
		<category><![CDATA[National]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[CID investigation]]></category>
		<category><![CDATA[Colombo news]]></category>
		<category><![CDATA[corruption charges]]></category>
		<category><![CDATA[economic crisis Sri Lanka]]></category>
		<category><![CDATA[LKR 17 million]]></category>
		<category><![CDATA[London trip]]></category>
		<category><![CDATA[misuse of funds]]></category>
		<category><![CDATA[opposition reaction]]></category>
		<category><![CDATA[political crisis]]></category>
		<category><![CDATA[Ranil Wickremesinghe]]></category>
		<category><![CDATA[Sri Lanka]]></category>
		<category><![CDATA[Sri Lanka politics]]></category>
		<category><![CDATA[Sri Lankan President Arrested]]></category>
		<category><![CDATA[state funds misuse]]></category>
		<category><![CDATA[Wickremesinghe arrest]]></category>
		<guid isPermaLink="false">https://www.indiapodcast.com/?p=3629</guid>

					<description><![CDATA[<p>Colombo: The Criminal Investigation Department (CID) arrested Sri Lankan President Ranil Wickremesinghe on charges of misusing public money during a 2023 foreign trip. Investigators say he used state funds to finance a personal visit to London. CID officials revealed that Wickremesinghe allegedly spent nearly LKR 17 million (₹1.7 crore) of government money. They added that [&#8230;]</p>
<p>The post <a href="https://indiapodcast.com/sri-lankan-president-arrested-for-misuse-of-funds/">Sri Lankan President Arrested for Misuse of Funds</a> appeared first on <a href="https://indiapodcast.com">India Podcast</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="226" data-end="476"><strong data-start="226" data-end="238">Colombo:</strong> The Criminal Investigation Department (CID) arrested Sri Lankan President <a href="https://en.wikipedia.org/wiki/Ranil_Wickremesinghe"><strong>Ranil Wickremesinghe</strong></a> on charges of misusing public money during a 2023 foreign trip. Investigators say he used state funds to finance a personal visit to London.</p>
<p data-start="478" data-end="687">CID officials revealed that Wickremesinghe allegedly spent nearly LKR 17 million (₹1.7 crore) of government money. They added that 10 others, including senior aides, also played a role in the irregularities.</p>
<p data-start="689" data-end="965">The arrest has created a political storm across the island nation. Wickremesinghe, who took charge during a severe economic crisis, already faced criticism for his handling of resources. Opposition leaders argue that this arrest proves their claims of corruption at the top.</p>
<p data-start="967" data-end="1159">Legal experts believe the case may take months to settle because of the large volume of financial records. They say the involvement of several officials makes the investigation more complex.</p>
<p data-start="1161" data-end="1368">Wickremesinghe’s lawyers have dismissed the allegations. They call the arrest a politically motivated act meant to weaken him. His team plans to challenge the case in court and demand an immediate release<a href="https://www.indiapodcast.com/">.</a></p>
<p>The post <a href="https://indiapodcast.com/sri-lankan-president-arrested-for-misuse-of-funds/">Sri Lankan President Arrested for Misuse of Funds</a> appeared first on <a href="https://indiapodcast.com">India Podcast</a>.</p>
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