Jul 19, 2018

Aloysius, Palisena further remanded

Colombo Fort Magistrate today (19) ordered to further hold Perpetual Treasuries Limited owner Arjun Aloysius and CEO Kasun Palisena in remand custody until Aug. 02.

The Attorney General has informed courts that SIM cards found in Arjun Aloysius' prison cell have been used for several criminal activities.

The Attorney General's Department previously said 03 phones and 5 SIM cards had been found in Arjun Aloysius’s prison ward.

On February 02, the Colombo Fort Magistrate’s Court named former Central Bank Governor Arjuna Mahendran, his son-in-law Arjun Aloysius and Perpetual Treasuries CEO Kasun Palisena as suspects in the CID’s investigation into the bond scam.

Aloysius and Palisena were arrested by Criminal Investigations Department (CID) officers on February 04, who arrived at their respective residences in Colombo.