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Colombo+High+Court+takes+up+revised+petition+of+Aloysius+and+Palisena
Wednesday, 28 February 2018 - 15:34
Colombo High Court takes up revised petition of Aloysius and Palisena
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Colombo High Court Judge Sampath Wijeratne today (Feb. 28) ruled that the decision as to whether summons should be issued to respondents mentioned in the revised petition filed by Perpetual Treasuries owner Arjun Aloysius and its CEO Kasun Palisena seeking bail would be announced on 9th of next month.
 
The bail application initially filed by Aloysius and Palisena in Colombo Magistrate Court was rejected by Magistrate Lanka Jayaratne on the 16th of this month and the suspects were remanded until 3rd of March.
 
Thereafter the suspects moved a revised petition in Colombo High Court.
 
It has mentioned Director of Criminal Investigation Department and Attorney General as respondents.
 
Aloysius and Palisena were arrested by the CID on the 4th of this month as they have been accused as suspects in Central Bank bond scam.

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