BOND SCAM : Aloysius and Palisena further remanded

BOND SCAM : Aloysius and Palisena further remanded

BOND SCAM : Aloysius and Palisena further remanded

Written by Ramesh Irugalbandara

26 Apr, 2018 | 11:38 am

Colombo (News1st) – The beneficial owner of Perpetual Treasuries limited (PTL) Arjun Aloysius and it’s CEO Kasun Palisena were remanded once again today until the 10th of May after they were produced before Fort Magistrate Lanka Jayaratne.

Aloysius and Palisena were arrested in February in connection with the controversial Central Bank Bond Scam. Former Central Bank Governor Arjuna Mahendran is also wanted by the court in connection with the Central Bank bond scam

During today’s (April 26th) court proceedings, the Fort Magistrate ordered the release of complete court reports with documents to the CID, in order to initiate legal action for the extradition of Arjuna Mahendran, when he is located. The Attorney General’s Dept. informed court today that the INTERPOL red notice on Arjuna Mahendran is in effect across 192 countries


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