Aloysisus & Palisena remanded till the 9th of August

COLOMBO (News 1st) - Beneficial owner of Perpetual Treasuries Ltd. Arjun Aloysius and its' CEO Kasun Palisena have been further remanded till the 09th of August after being produced before Fort Magistrate Lanka Jayaratne. Meanwhile, two former officials of the Perpetual Treasuries, Nuwan Salgado, and Sachithra Devathanthri were taken into custody as they were unable to produce their passport to courts in accordance with their bail conditions. Nuwan Salgado and Sachithra Devathanthri were arrested by the Criminal Investigation Department this morning on charges for erasing evidence of recorded phone calls that had been made during the period of the bond scam. Upon being presented to the Fort Magistrate Lanka Jayaratne the two individuals had been granted bail. Bail was set at Rs 300,000 each and several other conditions were also imposed.