PTL's Aloysius and Palisena further remanded

PTL's Aloysius and Palisena further remanded

by Staff Writer 02-03-2018 | 3:46 PM
COLOMBO (News 1st)- The owner of Perpetual Treasuries Limited, Arjun Aloysius and the CEO to the Company Kasun Palisena have been further remanded until March 15. The suspects were produced before Colombo Fort Magistrate, Lanka Jayaratne, today. The Attorney General's Department presented the facts on the ongoing investigation. As per the Attorney General's Department, the first suspect in the case Lakshman Arjuna Mahendran (the Former Central Bank Governor ) is not residing at the address listed in Singapore. The Financial Intelligence Unit of the Central Bank has lifted the restrictions imposed on fifteen bank accounts related to Perpetual Treasuries, as the investigations proved that money does not relate to illegal activities. The Attorney General's Department further noted that the fifteen accounts are only a few number compared to the total number of accounts that Perpetual Treasuries Limited is maintaining with banks.