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Thursday, 09 August 2018 - 15:51
Updated : Arjun Aloysius & Kasun Palisena remanded
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The owner of Perpetual Treasuries Arjun Aloysius and his CEO, Kasun Palisena who are in remand with regard to the Central Bank Bond scam were further remanded until August 23 today.

The suspects were produced before Colombo Fort Magistrate Lanka Jayarathna.

The Magistrate also ordered 13 commercial banks to release the account statements of Perpetual Treasuries, W M Mendis Distilleries, Perpetual Assets Service Management, Perpetual Private Capital Limited and Perpetual Holding Company to the Central Bank before August 24th.

At the same time, the lawyers appearing for the respondents requested the court to release a sum of over one billion rupees to the company, as that money was earned before the controversial bond issuances were conducted.

Later, the Magistrate ordered the Attorney General to make the oral submission with regard to the request.
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