Sri Lanka, Oct. 22 -- The four suspects, including the former CEO of the Consumer Cooperative Development Association, were arrested and remanded for allegedly misusing Rs. 1.7 million belonging to the association, and were further remanded until 23 October by Fort Magistrate Prasan Amarasena yesterday (21).

The court called the case today(20) to declare the bail order related to the suspects, and the magistrate issued this directive while informing that the bail order will be announced on a future date.

The Colombo Financial Crimes Division arrested the suspects and produced them before the court, after which they were remanded.

Those remanded again until 23 October comprise four individuals, including the former chief executive offic...