PTL's Aloysius and Palisena further remanded

COLOMBO (News 1st) - Fugitive Former Central Bank Governor Arjuna Mahendran, the chief suspect in the case filed over the Bond Scam remains missing. However, the people of the country have not forgotten about the suspects and others involved in what is known as the largest financial scam to take place in the country. The beneficial owner of Perpetual Treasuries Limited Arjun Aloysius and its CEO Kasun Palisena were further remanded until the 05th of July when they were produced before Fort Magistrate Lanka Jayaratne this afternoon. The suspects were arrested in February by the Criminal Investigations Department following an investigation carried out over a complaint filed by the present Central Bank Governor Dr. Indrajith Coomaraswamy over the Bond Scam. Today court issued notice of Geoffrey Aloysius, father of Arjun Aloysius and Chairman of the Perpetual group to show cause for PTL's failure to provide a declaration with regard to the direct and indirect assets of PTL through an auditor. It was revealed in court , W.M. Mendis & Co had provided a report of all payments made to third parties and organizations and on its movable and immovable assets to the CID which in turn will be handed over to the Central Bank Governor for a forensic audit. Former PTL employee Sachith Devathantri and present employee Upeka Madushanka were ordered to assist the CID in accessing the PTL Data Server located at its office premises.