The Colombo Magistrate’s Court has yet again denied a bail request for three persons including Arjun Aloysius, Director of W.M. Mendis Distilleries, and two others.
The trio were sentenced to six months in prison on Oct. 14 for failing to pay Rs. 3.5 billion in Value Added Tax (VAT) owed by the company.
Appearing on behalf of the defendants, Razik Zarook P.C. had urged the court to grant bail, stating that the proceedings against the three individuals had now escalated into a criminal case.
However, Colombo Additional Magistrate Bandara Ilangasinghe dismissed the appeal, explaining that the case was based on a certification from the Inland Revenue Department and that the prison sentence served as an alternative punishment, not transforming the case into a criminal trial.