Arjun Aloysius and Kasun Palisena further remanded

COLOMBO (News 1st) - The case filed by the Criminal Investigation Department (CID) over the Central Bank treasury bond scam was taken up at Fort Magistrate's Court today (May 10). Today (May 10), the CID submitted a progress report to the court. The Magistrate issued an order on the Director General of the Inland Revenue Department to furnish to the police available details of suspects number two, three and four - namely the beneficial owner of Perpetual Treasuries Limited Arjun Aloysius, the Company Perpetual Treasuries Limited and its CEO Kasun Palisena. The Magistrate said the IGP or another Officer with vested authority can make a request to IRD accompanied with this order. In addition, an order was made on the Chief Executive Officer of W.M. Mendis & Company Limited to furnish all details of payments made by Perpetual Treasuries Limited to W.M. Mendis & Company Limited. Today (May 10), the magistrate emphasised to the prosecution the investigations need to be expedited and if further statements are to be recorded from the suspects, it too needs to be done in an expeditious manner. The defence today made submission on nominating a representative to appear for Perpetual Treasuries Limited and the prosecution requested two weeks to respond to the other submissions made. The court registrar, today (May 10), said in court the complete case report can be provided to the investigators today (May 10), as it is requested for the process of extraditing Former Central Bank Governor Arjuna Mahendran. Arjun Aloysius and Kasun Palisena were further remanded till May 24. Former Central Bank Governor Arjuna Mahendran named as suspect number one in the bond scam is currently missing despite a red notice issued on him by Interpol.