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
- Asoka Ranwala granted bail December 12, 2025
- MP Asoka Ranwala arrested for reckless driving December 12, 2025
- ADB approves $200 Million loan to boost Sri Lanka’s Mahaweli Development Program December 12, 2025
- Sri Lankan companies donate generously to “Rebuilding Sri Lanka” fund for Cyclone Ditwah relief December 12, 2025
- Court orders re-issuance of warrants in Central Bank bond scam case December 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.