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Person

Ravi Karunanayake

Listed from published reports. Appearing here is not a finding of wrongdoing.

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Details

Role

Former finance minister

Status

Arrested 31 August 2026; no verdict reported

Appears on

Politicians and investigators
The Treasury bond cases

Last checked

12 Oct 2026 (what this means)

Connections (7)

• Commission to Investigate Allegations of Bribery or Corruption / Arrested, August 2026 / Ravi KarunanayakeAllegation
  • AFP: arrested on 31 August over allegations that state funds paid the salaries of three people who did private work for him.1 Sep 2026 · AFP (via Tabla) · Sri Lanka Ex-minister Arrested over Alleged Misuse of State Funds
• Ravi Karunanayake / Member of administration of / Ranil Wickremesinghe
  • AFP describes him as a member of former president Ranil Wickremesinghe’s administration.1 Sep 2026 · AFP (via Tabla) · Sri Lanka Ex-minister Arrested over Alleged Misuse of State Funds
• Ravi Karunanayake / Sworn in as minister before, September 2015 / Maithripala Sirisena
  • Sworn in before President Maithripala Sirisena on 4 September 2015, in the cabinet of the national government, as Minister of Finance.4 Sep 2015 · Ada Derana · New Ministers sworn in
• Ravi Karunanayake / Named in / List of 50 cases tabled in Parliament, 8 October 2026Allegation
  • The list tabled in Parliament describes his case as alleged involvement in the 2016 Central Bank bond transactions and occupying a penthouse without paying rent.8 Oct 2026 · Daily Mirror (Sri Lanka) · ‘Not political revenge’: Bimal tables 50 corruption, fraud and criminal cases in Parliament
• Presidential Commission of Inquiry into the Central Bank bond issuance / Recommended action over rent for a penthouse, December 2017 / Ravi KarunanayakeAllegation
  • The statement says the report refers to the allegation about rent paid for a penthouse apartment belonging to the Aloysius family and their Walt and Rowe company, and recommends action under bribery and corruption law and under the Penal Code for giving false evidence to the commission. The article carries no response from him.3 Jan 2018 · Daily Mirror (Sri Lanka) · Bond Commission recommends legal action against Ravi
• Ravi Karunanayake / Penthouse rent allegation involving the family of / Arjun AloysiusAllegation
  • The report refers to an allegation about rent paid for a penthouse apartment belonging to the Aloysius family and their Walt and Rowe company, according to the President’s statement.3 Jan 2018 · Daily Mirror (Sri Lanka) · Bond Commission recommends legal action against Ravi
• Treasury bond case, Supreme Court ruling, June 2026 / Named among the accused in / Ravi KarunanayakeAllegation
  • Daily Mirror’s list of the ten accused includes former Finance Minister Ravi Karunanayake.1 Jun 2026 · Daily Mirror (Sri Lanka) · Supreme Court revives Treasury Bond charges against Perpetual Treasuries, others
  • Daily FT names him, as a former Finance Minister, among the defendants. Neither article carries a response from him.2 Jun 2026 · Daily FT · Supreme Court overturns Bond scam acquittal, orders trial against Ravi, Mahendran and others