Bond issue case postponed for June 25 | Daily News


 

Bond issue case postponed for June 25

The magisterial inquiry into the Central Bank Bond issue was yesterday fixed for June 25 by Colombo Chief Magistrate Lanka Jayaratne.

Perpetual Treasuries’ (PTL) beneficiary owner Arjun Aloysius, CEO Kasun Palisena, former Deputy Governor of the Central Bank P. Samarasiri, Perpetual Treasuries Chairman Geoffrey Aloysious and three Directors Pushpamitra Gunawardena, Chitta Ranjan Hulugalle and Muthuraja Surendran were present before court yesterday.

Arjuna Aloysious and Kasun Palisena were accused of allegedly aiding and abetting and conspiring with former Central Bank Governor Arjuna Mahendran to misappropriate public funds worth Rs. 688 million during the Bond auction held on February 27, 2015.

Senior Deputy Solicitor General Haripriya Jayasundara with Senior State Counsel Lakmini Girihagama appearing on behalf of the Criminal Investigations Division informed court that they were yet to receive several payment details made by Perpetual Treasuries, Perpetual Assets Management and Perpetual Capital Holdings.

When the magisterial inquiry into the Bond issue was taken up before the Colombo Chief Magistrate, the Magistrate ordered the CID to submit a report containing the documents that they had not received yet.

The Senior Deputy Solicitor General said they have concluded the cloning of the payment system of W.M. Mendis & Co.

Attorney-at-law Jeewantha Jayathilake appearing on behalf of Geoffrey Aloysius submitted several hard copies of the payment details pertaining to Perpetual Treasuries Assets Management and Perpetual Capital Holdings to court.

Senior State Counsel Lakmini Girihagama appearing on behalf of the CID yesterday informed court that the CID had concluded investigations into the parallel magisterial inquiry relating to deleting phone conversations of Perpetual Treasuries personnel, the voice recording system and the alleged fabrication of evidence to the Bond Commission.

SSC Girihagama said the Government Analyst’s report into the incident had not been received yet.


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