Aloysius and Palisena file written submissions | Daily News

Aloysius and Palisena file written submissions

Perpetual Treasuries Limited (PTL) beneficiary owner Arjun Aloysius and its Chief Executive Officer Kasun Palisena remanded in connection with the Central Bank Bond issuance yesterday filed their written submissions in court, requesting that they be released on bail.

On last Monday (5) they were ordered to be further remanded till February 16 by the Colombo Fort Magistrate Lanka Jayaratne.

The Defence Counsel appearing on behalf of the suspects had made a bail application citing that the suspects cannot be charged under the Public Property Act and Penal Code for criminal breach of trust.

Meanwhile, Magistrate Lanka Jayaratne directed the prosecution to file their reply to the defence’s written submissions on February 9.

The Magistrate stated that she would make an appropriate order regarding the request after perusing legal facts presented by both parties.

Filing its first B report before the Colombo Fort Magistrate’s Court regarding the Central Bank Bond issuance on February 27, 2015, the CID on February 2 named former Central Bank Governor Arjuna Mahendran, Perpetual Treasuries Limited (PTL) beneficiary owner Arjun Aloysius and its Chief Executive Officer Kasun Palisena and the PTL as suspects in the case. 

 


 

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