Arjun Aloysius and Kasun Palisena Arrested
Arjun Aloysius and Kasun Palisena have been arrested by the Criminal Investigations Department.
Aloysius, the owner of Perpetual Treasuries Limited and Palisena, the CEO of PTL were arrested regarding the controversial Bond Scam.
Palisena was arrested at his residence in Wellawatta while Aloysius was arrested at his Kollupitiya residence.
They are to be produced before Court today (February 4).
On Friday, the Colombo Fort Magistrate’s Court named former Central Bank Governor Arjuna Mahendran, his son-in-law Arjun Aloysius and Perpetual Treasuries CEO Kasun Palisena as suspects in the CID’s investigation into the bond scam.
An order was issued for Mahendran to arrive in Sri Lanka before February 15, and provide a statement to the CID.
They are found to have committed a series of wrongs and among them are conspiring and aiding in the use of financially sensitive confidential information for the bond auction that took place on February 27, 2015.
Latest Headlines in Sri Lanka
- Sri Lanka to compensate farmers up to Rs. 40,000 per acre for crop damages November 29, 2024
- Rajitha Senaratne acquitted and released in white van press conference case November 29, 2024
- Indian and Sri Lankan Navies seize 500kg of Crystal Meth in joint operation November 29, 2024
- Tenders open today for import of 70,000 metric tons of rice to Sri Lanka November 29, 2024
- Sri Lanka plans national strategy to strengthen industrial sector and boost local production November 29, 2024
