Arjun Aloysius and Kasun Palisena further remanded

The owner of Perpetual Treasuries Limited Arjun Aloysius and CEO Kasun Palisena were re-remanded till March 02.

Colombo Fort Magistrate Lanka Jayaratne issued this order when they were produced before the courts yesterday (15).

They were arrested by the Criminal Investigations Department (CID) on February 04 following a complaint lodged by present Governor of the Central Bank of Sri Lanka Indrajit Coomaraswamy.

They were arrested by CID officers who arrived at their respective residences in Colombo.

The suspects have been charged of causing a loss of Rs.9147 million to the government using confidential information of the former CBSL Governor Arjun Aloysius.

The Colombo Fort Magistrate’s Court named former Central Bank Governor Arjuna Mahendran, his son-in-law Arjun Aloysius and Perpetual Treasuries CEO Kasun Palisena as suspects in the CID’s investigation into the bond scam earlier this month.

The Criminal Investigations Department (CID) filed its first ‘B Report’ in court over the investigation into the controversial issuance of treasury bonds and cited the aforementioned names as suspects.

  • Anuradha Perera

    Anuradha Perera is the chief editor of Sandeshaya.org, a leading Sri Lankan news website known for delivering accurate and timely news coverage. With a deep passion for creative writing, Anuradha brings a unique blend of artistry and journalistic precision to her role. Her innovative approach to storytelling ensures that complex issues are presented in a compelling and accessible way. As a dedicated editor and writer, Anuradha is committed to fostering informed communities through credible journalism and thought-provoking content.

    Related Posts

    possibility-amend-sri-lanka-fta-singapore-within-year-minister/

    Aug 16, Colombo: The Sri Lanka – Singapore Free Trade Agreement (SLSFTA) signed in January this year can be amended within a year if it has any detrimental effect on…

    Sri Lanka rejects fears of China’s ‘debt-trap diplomacy’ in belt and road projects

    Kodituwakku was speaking to the South China Morning Post at the Sri Lankan embassy in Beijing earlier this month, before the devastating Easter Sunday bombings, which have so far killed at least…