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Appoint Trial-at-Bar to try Bond Scam accused; AG requests CJ


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Colombo (News 1st); Attorney General Dappula De Livera has requested the Chief Justice to appoint a Trial-at-bar to try the accused in relation to the Bond Scam involving the Treasury Bond Auction of 29th March 2016.
The accused are ;
Ex-Governor of the Central Bank Arjuna Mahendran
Chairman of Perpetual Treasuries Limited Arjun Aloysius
CEO of Perpetual Treasuries Limited Kasun Palisena
Directors of Perpetual Treasuries Limited
Sangarappillai Pathumanapan ( Public Debt Department)
Indika Saman Kumara ( Employees Provident Fund)
State Counsel Nishara Jayaratne, the Coordinating Officer to the Attorney General speaking to News 1st said as the offense committed by the accused had an impact on the national economy, it was decided to request for a Trial-at-Bar. ....

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Ravi Karunanayake & Arjun Aloysius indicted


Ravi Karunanayake & Arjun Aloysius indicted
Ravi Karunanayake & Arjun Aloysius indicted
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Colombo (News 1st); Indictments were filed against Ex-Finance Minister Ravi Karunanayake & the beneficial owner of Perpetual Treasuries Limited Arjun Aloysius at the Colombo High Court on Friday (05).
After the indictments were filed the Colombo High Court Judge ordered for the accused to be released on a cash bail of Rs. 500,000 each and two personal bails for each accused amount to Rs. 05 Million each.
The Colombo High Court Judge imposed several conditions when granting bail including an overseas travel ban until the conclusion of the trial.
The matter will be called up again on the 02nd of March 2021. ....

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