Third Central Bank bond issuance case fixed for April 27

January 26, 2022

Third Central Bank bond issuance case filed against ten accused including former Finance Minister Ravi Karunanayke and Central Bank former Governor Arjuna Mahendran was yesterday fixed for trial on April 27 by theColombo High Court Trial-at-Bar. On a previous occasion, the Court ordered to release these accused from 11 charges out of 22filed in connection with the Central Bank bond auction held on March 31, 2016. Accordingly, the Court decided to proceed with other charges that come under Penal Code. Colombo High Court Trial-at-Bar held that public property charges cannot be maintainedagainst the accused. Accordingly, the Court ordered to release the accused from eleven charges. The indictments had been filed against PerpetualTreasuries Private Ltd, former Finance Minister Ravi Karunanayke, CBSL former Governor Arjuna Mahendran, Perpetual Treasuries Limited (PTL) beneficiary owner Arjun Aloysius, PTL Chief dealer Kasun Palisena, Chairman of PTL Jeffrey Joseph Aloysius, Chitta Ranjan Hulugalle, Muthuraja Surendran, Ajahn Gardiye Punchihewa and BadugodaHewa Indika Saman Kumara in connection with bond auction held on March 31, 2016.

Third Central Bank bond issuance case fixed for April 27

RELATED NEWS

New Bill seeks to eliminate rabies and regulate dog ownership in Sri Lanka

Screen time rising among Sri Lankan preschool children, Health Ministry warns

China to deploy meteorological early-warning system in Sri Lanka

Government moves to ease prison overcrowding as remand population falls, Justice Minister says

New Bill seeks to eliminate rabies and regulate dog ownership in Sri Lanka

Screen time rising among Sri Lankan preschool children, Health Ministry warns

China to deploy meteorological early-warning system in Sri Lanka

The Easter Sunday Terror attacks Verdict: What’s Next?

Government moves to ease prison overcrowding as remand population falls, Justice Minister says

Man arrested over alleged transfer of Rs. 24.85 billion in foreign currency abroad

Court hands 200-260 year jail terms over 2019 Easter attacks

15 found guilty in Sri Lanka Easter Sunday attacks trial

Supreme Court says 22nd Amendment does not require referendum