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Bond Scam: Court released Mahendran & others from Public Property charges

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Former Central Bank Governor Arjuna Mahendran, and nine other people who were accused in the 1st Bond Scam case of 2015 were released from the charges filed under the Public Property Act, by the Colombo Permanent High Court Trial-at-Bar on Tuesday (11).

The court ruled that it cannot proceed with the charges filed under the Public Property Act by the Attorney General against the ten people accused of committing the Bond Scam of 2015.

The verdict was delivered by a 2/3 majority in the court.

The case was called up in the presence of Justices Chamath Morias, Damith Thotawatte, and Namal Balalle.

President’s Counsel Gamini Marapana had filed a preliminary objection with the court noting that charges cannot be charged against a company under the Public Property Act and noted that Perpetual Treasuries Limited which was also named as an accused is a company and not a person.

After the court accepted the objection, the defense counsel also argued that as a majority of the other accused at Directors of Perpetual Treasuries Limited, it applies to them as well, and therefore the charges under the Public Property Act filed against them cannot be taken forward.

Thereby, the Justice of the Permanent High Court Trial-at-Bar ordered for all other charges to be taken up for a trial, leaving the charges filed under the Public Property Act, on the 16th of December 2022.

The case was filed against the 10 accused under 23 counts for committing the Bond Scam on the 27th of February 2015, and causing a loss of Rs. 688 Million to the government.

The accused are:

Ex-CBSL Governor Lakshman Arjuna Mahendran

Ex-CBSL Deputy Governor P. Samarasiri

Perpetual Treasuries Limited

Arjun Joseph Aloysius

Kasun Palisena

Geoffrey Joseph Aloysius

Pushpa Chandra Gunawardena

C. Ranjan Hulugalle

Muthuraja Surendran

Ajahn Gardiye Punchihewa

(News1st)

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Korean SME Association offers support to SL

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The Korean Small and Medium Enterprise (SME) Association has expressed its commitment to support Sri Lanka in advancing the agriculture sector and enhancing related employment opportunities.

Additionally, the association has agreed to provide technical assistance and training resources essential for the development of the fishing industry.

These topics were highlighted during a meeting held today (13) at the Presidential Secretariat between a delegation from the Korean SME Association and officials from the President’s Office.

The discussions also focused on training Sri Lankan workers locally for Korea’s fishing industry and creating employment opportunities for them.

The delegation was led by Kim Chung Ryong, President  of the Korean SME Association.

(President’s Media Division)

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US embassy lifts travel restrictions issued for Arugam Bay

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The US Embassy Colombo has lifted travel restrictions issued on October 23, 2024, for Arugam Bay. 

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Pilot project to issue e-BMD certificates to Lankans overseas

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The government has announced a new initiative to issue copies of birth, marriage, and death certificates to Sri Lankans living abroad through Sri Lankan embassies, aimed at providing greater convenience to the expatriate community.

The program will be launched as a pilot project across seven selected foreign missions, including the embassies in Kuwait, Japan, and Qatar, and the consulates in Melbourne (Australia), Toronto (Canada), Milan (Italy), and Dubai (UAE).

In Sri Lanka, efforts are underway to enhance the e-BMD (electronic Birth, Marriage, and Death) database system, which is jointly managed by the Registrar General’s Department and the Ministry of Foreign Affairs. This will allow birth, marriage, and death certificates to be issued through foreign embassies, following a model already in place for obtaining certificates at Divisional Secretariat offices across Sri Lanka.

In the initial phase, only the approximately 45 million birth, marriage, and death certificates that have already been scanned and stored in the e-BMD system will be issued.

These will include records for births, marriages, and deaths that have been registered since January 1, 1960. While the majority of these records will be available, there may be occasional delays in updating certificates that have been revised after their initial entry into the database.

(President’s Media Division)

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