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AG files appeal challenging bail granted to Bond Scam suspects


AG files appeal challenging bail granted to Bond Scam suspects
AG files appeal challenging bail granted to Bond Scam suspects
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Colombo (News 1st); Attorney General Dappula De Livera has filed an appeal in the Supreme Court challenging the order of the Trial at Bar granting bail to the Suspects in the Treasury Bond Scam case involving the Bond auction of 29th March 2016.
State Counsel Nishara Jayaratne, the Coordinating Officer to the Attorney General confirmed this to News 1st.
07 defendants charged with the 2016 March 31st Central Bank Treasury Bond Scam were released on bail by the Colombo Permanent High Court Trial-at-Bar on the 01st of April 2021. ....

Sri Lanka , Kasun Palisena , Nishara Jayaratne , Arjun Aloysius , Central Bank Treasury Bond , Supreme Court , Central Bank Treasury Bond Scam , Colombo Permanent High Court , Attorney General Dappula De Livera , Treasury Bond Scam , Counsel Nishara Jayaratne , Coordinating Officer , Attorney General , Colombo Permanent High Court Trial At Bar , ஸ்ரீ லங்கா , அர்ஜுன் அலோசியஸ் , மைய வங்கி கருவூலம் பத்திரம் , உச்ச நீதிமன்றம் , மைய வங்கி கருவூலம் பத்திரம் ஊழல் , கொழும்பு நிரந்தர உயர் நீதிமன்றம் , கருவூலம் பத்திரம் ஊழல் , ஒருங்கிணைத்தல் அதிகாரி , வழக்கறிஞர் ஜநரல் , கொழும்பு நிரந்தர உயர் நீதிமன்றம் சோதனை இல் மதுக்கூடம் ,

Sugar Scam vs Bond Scam - The Similarities


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Colombo (News 1st); The scam related to the importation of sugar to Sri Lanka, which is widely known as the Sugar Scam is similar to the Central Bank Treasury Scam, which involved insider information and causing losses to the state.
INSIDER INFORMATION
In the Treasury Bond Scam, Perpetual Treasuries Limited, a primary dealer company owned by Arjun Aloysius benefited from Insider Information given by then Governor of CBSL Arjuna Mahendra, who is also the Father-in-Law of Aloysius.
The report of the Presidential Commission of Inquiry revealed the Insider Information related to the number of bonds that were to be accepted as well as other key price-sensitive information. ....

Sri Lanka , Sri Lankan , Ranil Wickremesinghe , Arjun Aloysius , Pyramid Wilmar Pvt Ltd , Central Bank Treasury Bond Scam , Central Bank Treasury Scam , Pitipana Committee , Treasuries Limited , Presidential Commission Of Inquiry , Provident Fund , Sugar Scam , Treasury Bond Scam , Perpetual Treasuries Limited , Insider Information , Presidential Commission , Sri Lankan Government , Employees Provident Fund , Central Bank Treasury Bond , Primary Market , Employees Provident , Prime Minister Ranil Wickremesinghe , Arjuna Mahendran , Finance Secretary , ஸ்ரீ லங்கா , ஸ்ரீ லங்கன் ,