Appoint Trial-at-Bar to try Bond Scam accused; AG requests CJ

Appoint Trial-at-Bar to try Bond Scam accused; AG requests CJ

Appoint Trial-at-Bar to try Bond Scam accused; AG requests CJ

Written by Zulfick Farzan

11 Feb, 2021 | 4:04 pm

Colombo (News 1st); Attorney General Dappula De Livera has requested the Chief Justice to appoint a Trial-at-bar to try the accused in relation to the Bond Scam involving the Treasury Bond Auction of 29th March 2016.

The accused are ;
Ex-Minister of Finance Ravi Karunanayake
Ex-Governor of the Central Bank Arjuna Mahendran
Chairman of Perpetual Treasuries Limited Arjun Aloysius
CEO of Perpetual Treasuries Limited Kasun Palisena
Directors of Perpetual Treasuries Limited
Sangarappillai Pathumanapan ( Public Debt Department)
Indika Saman Kumara ( Employees Provident Fund)

State Counsel Nishara Jayaratne, the Coordinating Officer to the Attorney General speaking to News 1st said as the offense committed by the accused had an impact on the national economy, it was decided to request for a Trial-at-Bar.

Further, their actions had caused grave injustice to the other primary dealers in the bond market, she added.

 

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