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AG files indictments against bond scam accused

28 June 2019 01:26 pm - 3     - {{hitsCtrl.values.hits}}

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The Attorney General has filed indictments against former Central Bank Governor Arjuna Mahendran, PTL owner Arjun Aloysius, PTL CEO Kasun Palisena, former Deputy Governor P. Samarasiri and six others over the bond scam.

The High Court has summoned the accused to appear before the court on July 19, 2019.
Other suspects are PTL directors Geoffrey Joseph Aloysius, Pushya Mithra Gunawardane, Chitta Ranjan Hulugalla, Muthuraja Surendran and Ajahn Gardiya Punchchihewa.

The accused have been indicted in connection with the charges arising out of the Treasury Bond auction held on February 27, 2015 (in respect of the face value of Rs.10.058 billion) causing a Rs.688 million loss to the government. (Shehan Chamika Silva)

  Comments - 3

  • Samson Friday, 28 June 2019 03:38 PM

    Are these the only accused? What about the politicians?

    Chris Friday, 28 June 2019 06:32 PM

    Read bond commission report available in presidents office.gov.lk website. Perhaps it states no direct evidence to implicate the UNP or the PM. This is why it took so long to serve indictments even on Arjun and PTL

    Chris Friday, 28 June 2019 06:28 PM

    After making a big noise about a loss of Rs10b the attempt is to recover Rs688m indicating that the noise was more political than real. A bigger loss to membership was perpetrated by the EPF dept who opted to buy in secondary market. Will AG file action against them?


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