COLOMBO (News 1st) – Perpetual Treasuries owner Arjun Aloysius and its CEO Kasun Palisena have been further remanded until 26th of April. The order was issued today (April 12th) by Fort Magistrate Lanka Jayarathne.

The Magistrate also ordered prison officials to permit Kasun Palisena to sign two cheques. The CEO of Perpetual Treasuries Limited, Kasun Palisena is the fourth suspect in the Central Bank bond scam.

During the court proceedings today, the Financial Crimes Investigations Division was ordered to present a progress report on the investigations at the next hearing on the 26th of April.