Aloysius and Palisena further remanded

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Perpetual Treasuries (PT) Owner Arjun Aloysius and PT CEO Kaun Palisena were today further remanded by the Colombo Fort Magistrate until August 9. The two are alleged to have been involved in the controversial Bond scam issue causing millions of tax payer funds belong to state institutions.

Earlier Arjun Aloysius and Kasun Palisena were arrested at their residences on February 4.

Meanwhile two other employees of Perpetual Treasuries Limited (PTL), Chief Dealer Nuwan Salgado and the IT officer Sachitra Devathanthri were remanded today after they failed to meet the bail conditions. Nuwan Salgado and Sachitra Devathanthri were ordered released on a surety bail of Rs 300,000 each.

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