Attorney General Dappula de Livera is to file a case in the Colombo High Court against 10 accused including former Finance Minister Ravi Karunanayake, former Central Bank Governor Arjuna Mahendran and Perpetual Treasuries Limited (PTL) beneficiary owner Arjun Aloysius under 22 charges for allegedly causing a loss of over Rs.200 million to three State Banks on the second day of the second bond auction.
Attorney General's Coordinating Officer, State Counsel Nishara Jayaratne said that the Attorney General had requested the Chief Justice to appoint a High Court Trial-at-Bar to try the accused.
The Attorney General is preparing to file a case against the accused in the Colombo High Court regarding the losses incurred to the Bank of Ceylon, People's Bank and National Savings Bank on the second day of the second bond auction on March 31, 2016.
The indictments are to be filed against ten accused in the Colombo High Court by the Attorney General. They are; Perpetual Treasuries Private Ltd, former Finance Minister Ravi Karunanayke, CBSL former Governor Arjuna Mahendran, Perpetual Treasuries Limited (PTL) beneficiary owner Arjun Aloysius, PTL Chief dealer Kasun Palisena, Chairman of PTL Jeffrey Joseph Aloysius, Chitta Ranjan Hulugalle, Muthuraja Surendran, Ajahn Gardiye Punchihewa, Badugoda Hewa Indika Saman Kumara.
The Attorney General alleged that the accused could be charged for conspiracy to commit criminal misappropriation in respect of treasury bonds to the face value of Rs.36.98 billion and 15 billion respectively in March, 2016.
