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Central Bank bond scam Ravi and 8 others remanded till March 23

18 March 2021 12:11 am - 0     - {{hitsCtrl.values.hits}}

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  • AG Dappula de Livera yesterday filed indictments  at the Colombo Special High Court Trial-at-Bar against former Minister  Ravi Karunanayaka and eight others
  • Counsels representing the accused requested the Court to  release their clients on previous bail conditions

 

By Yoshitha Perera 

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.

 

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