The Colombo Magistrate’s Court today further remanded owner of Perpetual Treasuries Arjun Aloysius and its Chief Executive Officer (CEO) Kasun Palisena until February 16 over controversial financial misappropriation in Central Bank bond transactions.
Both suspects were arrested yesterday at their residences by CID for allegedly involved in the financial misappropriation of Rs 12 billion during the Central Bank bond transactions in 2015.
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Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred
The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.
A SriLankan airlines flight has been grounded in an airport in Indonesia due to a technical defect leaving 93 passengers stranded, an official said.
The Supreme Court today unanimously dismissed a Fundamental Rights petition filed by five convicts in the 1996 Krishanthi Kumaraswamy abduction, rape, and murder case.
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