AG's Dept expresses 'strong opposition' in bail for Aloysius and Palisena

The Attorney General's Department has made a written submission to court strongly opposing bail being granted to the owner of Perpetual Treasuries, Arjun Aloysius and CEO of the company, Kasun Palisena. Fort Magistrate Lanka Jayarathne postponed the case to February 16 to issue an order on the request for bail. Arjun Aloysius and Kasun Palisena have been charged for illegally acquiring a profit of 9.147 billion rupees at the bond auction by using confidential information obtained from the Central Bank of Sri Lanka.