18 March 2021 12:11 am
Colombo Special High Court Trial-at-Bar yesterday remanded former Minister Ravi Karunanayaka and eight others till March 23 in connection with the Central Bank Bond scam of March 2016.
Attorney General (AG) Dappula de Livera yesterday filed indictments at the Colombo Special High Court Trial-at-Bar against former Minister Ravi Karunanayaka and eight others over the Central Bank Bond scam of March 2016.
When the case was taken up before Colombo Special High Court three bench comprising Judges Damith Thotawatte, Manjula Thilakaratne and Mohammed Irshedeen, Counsels representing the accused requested the Court to release their clients on previous bail conditions.
However, Senior Deputy Solicitor General (SDSG) Haripriya Jayasundara appearing on behalf of the AG made her objections on releasing the accused on previous bail conditions.
On February 11 the AG requested the Chief Justice to appoint a Trial-at-Bar to hear the Central Bank bond scam case against former Minister Ravi Karunanayaka and eight others. The accused have been indicted under the Penal Code, Public Properties Act as well as the Registered Stock and Securities Ordinance and face charges including criminal misappropriation and insider trading.