The Chief Justice (CJ) has permitted the Attorney General (AG) to file indictments against ten persons including former Central Bank governor Arjuna Mahendran at the Special High Court.
Charges will be filed against the suspects under Section 5 (1) of the Public Property Act for plotting and abetting the scam while selling treasury bonds worth Rs 10,058 billion at an auction on February 27, 2015.
The Central Bank's former Governor Mahendran and Deputy Governor P. Samarasiri have been primarily accused of causing losses worth Rs 688,762,100 to the government as a result of the bond scam.
These losses had been caused after Perpetual Treasuries Ltd – owned by Mr. Mahendran’s son-in-law Arjun Aloysious, had placed a bid of Rs 15 billion in order to illegally purchase treasury bonds worth Rs 5 billion.
Accordingly, charges have been filed against the two top officials of the Central Bank under Section 56 of the Registered Stock and Securities Ordinance.
The other suspects in the case have been charged for divulging confidential information of the Central Bank to a third party entity.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
All Ceylon Makkal Congress MP Ali Sabri Raheem had been arrested by Kalpitiya police after he surrendered to the police today morning.
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
The 22nd amendment to the constitution dealing with the term of the President has been gazetted by order of President Ranil Wickremesinghe.
Auspicious times widely followed by candidates keeping with traditions will be taken into consideration by the Election Commission in fixing the date and time for the conduct on the Presidential polls.
Leave Comments