First Bond scam case: Defence demands release of accused | Daily News

First Bond scam case: Defence demands release of accused

The Colombo Permanent High Court Trial-at-Bar yesterday ordered the Attorney General to make submissions on July 4 over the preliminary objections filed by the defence in the first Central Bank Bond scam case filed against ten accused including former Central Bank Governor Arjun Mahendran, its former Deputy Governor Pattinige Samarasiri.

The Attorney General was ordered to file his reply to the preliminary objection raised by the defence, who rejected it and demanded the release of all the accused, indicating that the charges of the indictment relevant to this case could not be pursued further.

The case was taken up before the Colombo High Court Trial-at-Bar bench comprising Colombo High Court Judges Champa Janaki Rajaratne, Damith Thotawatta and Namal Balalle. At a previous occasion, the Defence informed Court that they intend to file preliminary objections over the case stating that the charges cannot be pursued further.

The Attorney General filed an indictment against ten accused for causing a loss of over Rs. 688 million to the government through the first Central Bank bond issue on February 27, 2015 during the period of ‘Yahapalana’ government. The Attorney General filed indictment against ten accused including former Central Bank Governor Arjun Mahendran, its former Deputy Governor Pattinige Samarasiri, Perpetual Treasury Directors Arjun Aloysius and Jeffrey Aloysius Perpetual Treasuries CEO Kasun Palisena under the Public Property Act, alleging a loss of over Rs. 688 million at a Central Bank bond auction held by the Central Bank of Sri Lanka on February 27, 2015.

 


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