Arjun Aloysius and Kasun Palisena granted bail
Posted by Editor on January 1, 2019 - 3:02 pm
Perpetual Treasuries Limited (PTL) owner Arjun Aloysius and Kasun Palisena have been granted bail by the Colombo Chief Magistrate’s Court.
The two have been released on cash bails worth Rs. 1 million each as well as on 4 surety of Rs. 2 million each. Overseas travel of the two have been restricted and they have been ordered to appear before the Criminal Investigations Department every Sunday.
Aloysius and Palisena were arrested by Criminal Investigations Department (CID) officers on February 04 in connection with the Central Bank treasury bond scam and have been in remand custody ever since with their bail applications repeatedly rejected by the court.
Latest Headlines in Sri Lanka
- Sri Lanka records $635.7 Million in worker remittances in June 2025 July 13, 2025
- Sri Lanka launches job training program for 50,000 low-income youth July 12, 2025
- Sri Lanka President expects further U.S. tariff relief after initial cut July 12, 2025
- Sri Lanka President emphasizes effective use of record capital allocation in 2025 Budget July 12, 2025
- Air India crash: Fuel cutoff led to Boeing 787 Dreamliner disaster July 12, 2025
Where is all the so-called ‘Evidence’ unearthed by the Presidential Commission?
Why isn’t this evidence not being provided to Courts and formal prosecutions launched?
Maybe, the evidence is invalid.
This is the price to pay to safeguard top officials in the CBSL who have been buggering the Tender Process for over a decade.
Arjun is a free man and so is Arjuna, his father-in-law.
The idiots in Government have no b***ls to prosecute these guys.
There are many in the new UNP Govt who have openly admitted that they are in the payroll of Mendis arakku, subsidiary owned by Arjun.
Anybody as the ba**s to sack these Ministers and State Ministers?
My dear fellow citizens, our leaders are corrupt and corrupt to the core.
A corrupted 2019.