He was arrested by police Financial Crimes Investigations Division on May 5 after his arrival at FCID to give a statement on complaints of financial fraud at Lak Sathosa.
Fernando had allegedly taken goods from Lak Sathosa without making payments.
He was produced before the Colombo Magistrate and was remanded until May 6. Colombo Magistrate also directed him to be produced before the Kurunegala Magistrate on May 6. The Kurunegala Magistrate ordered him to be remanded until today.