Ex-SL cricketer Dammika Ranatunga arrested, bailed over CPC oil deal probe

• Former Sri Lankan cricketer Dammika Ranatunga was arrested by the anti-graft commission (CIABOC) on December 15 and later released on bail.
• He was arrested for alleged wrong tendering procedures during a crude oil purchase by the Ceylon Petroleum Corporation (CPC) in 2017, when he served as its chairman.
• CIABOC claims Dammika's actions caused a loss of 800 million Sri Lankan rupees to the CPC.
• His younger brother, World Cup-winning captain Arjuna Ranatunga, has been named as the second accused in the case but could not be arrested as he is overseas.
• Arjuna Ranatunga was the Minister of Petroleum Industries when Dammika headed the CPC.

Why It Matters: Corruption charges against a former cricketer reveal misuse of state funds.