The owner of Perpetual Treasuries Limited Arjun Aloysius and CEO Kasun Palisena were further remanded until March 15 by the Colombo Fort Magistrate.
The order was issued by Fort Magistrate Lanka Jayaratne when Arjun Aloysius and Kasun Palisena were produced before the Magistrate earlier today, Ada Derana Court Correspondent reported.
They were arrested by the Criminal Investigations Department (CID) on February 04.
They were arrested by CID officers who arrived at their respective residences in Colombo.
On February 02, the Colombo Fort Magistrate’s Court named former Central Bank Governor Arjuna Mahendran, his son-in-law Arjun Aloysius and Perpetual Treasuries CEO Kasun Palisena as suspects in the CID’s investigation into the bond scam.
The Criminal Investigations Department (CID) filed its first ‘B Report’ in court over the investigation into the controversial issuance of treasury bonds and cited the aforementioned names as suspects.