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Thursday, 25 July 2019 01:56 - - {{hitsCtrl.values.hits}}
By Manopriya Gunasekera
The Special High Court Trial-at-Bar yesterday ordered the Attorney General to submit an affidavit, detailing grounds for why the Court should issue a warrant to arrest former Central Bank Governor Arjun Mahendran, before 9 August.
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Former Central Bank Governor Arjun Mahendran |
Earlier this month, Attorney General (AG) Dappula de Livera filed charges against eight suspects for causing an estimated Rs. 688 million in losses to the Government due to the fraudulent Treasury bond transaction on 27 February.
Indictments were then served on seven suspects, who were later granted bail. However, chief suspect and former Central Bank Governor Arjun Mahendran, and tenth suspect Ajahn Punchihewa, were not present before Court.AG...
On Wednesday, the Special High Court also issued summons to Punchihewa, who is a Singaporean citizen, after considering a request by the AG.
The order was delivered by the Special High Court’s three-judge bench, consisting of Judges Sampath Abeykoon, Sampath Wijeratne, and Champa Janaki Rajaratne.
Mahendran, the former Deputy Governor of the Central Bank P. Samarasiri, Aloysius, and seven other directors of Perpetual Treasuries Limited (PTL), the primary dealer at the centre of the controversial Treasury bond auction on 27 February 2015, have been indicted on 23 counts, including criminal misappropriation and criminal breach of trust under the Penal Code, Public Property Act and the Registered Stocks and Securities Ordinance.
Lakshman Arjun Mahendran, CBSL's former deputy governor Paththinige Samarasiri, the Perpetual Treasuries Ltd, Arjun Joseph Aloysius, Kasun Oshadhee Palisena, PTL directors Jeffery Joseph Aloysius, Pushya Mithra Gunawardane, Chitta Ranjan Hulugalla, Muthuraja Surendran and Ajahn Gardier Punchihewa were indicted by the Attorney General in connection with the bond scam.
