The Beneficial Owner of Perpetual Treasuries Ltd Arjun Aloysius and its CEO Kasun Palisena, have been granted bail by Colombo Chief Magistrate Lanka Jayarathne.
The two have been released on cash bails worth Rs. 1 million each as well as on 4 surety of Rs. 2 million each. Overseas travel of the two have been restricted and they have been ordered to appear before the Criminal Investigations Department every Sunday.
The duo was arrested on the 4th of February, 2018 in relation to the 2015 Central Bank Bond Scam