- Last Update 2024-08-29 19:07:00
Aloysius, Palisena released on bail over CBSL bond scam controversy
Owner of Perpetual Treasuries (Ltd) Arjun Aloysius, and its CEO Kasun Palisena have been released on bail by the Colombo Chief Magistrates Court today (Jan 01).
Accordingly, Chief Magistrate Lanka Jayaratne had ordered the suspects to be released on a cash bail of Rs 1 million each and four surety bails worth Rs 2 million for each of the suspects. In addition, the passports of both suspects have also been impounded.
Further, Magistrate Jayaratne also ordered the suspects to be present before the CID on Sunday every week.
The two individuals have been accused of direct involvement in the controversial Central Bank bond scam.
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- August 22, 2024 - 201 - 0
SC orders immediate LG elections; cites voter rights violation
The Supreme Court of Sri Lanka has ordered the Election Commission to immediately proceed with the postponed Local Government Elections.
- August 21, 2024 - 187 - 0
Thalatha resigns from Parliament
Ratnapura District Samagi Jana Balawegaya (SJB) MP Thalatha Athukorala has informed Parliament that she decides to resign from her position as Member of Parliament.
- August 22, 2024 - 149 - 0
Australia’s United Petroleum to commence retail operations from Sep.
United Petroleum (UP) was launched in Sri Lanka today and will commence retail fuel operations in September with 150 dealer owned and operated fuel stations.
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