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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The Ceylon Petroleum Corporation (CPC) will reduce fuel prices with effect from midnight today.
Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, has cautioned that reversing the current economic programme could lead to a resurgence of the severe economic and social crisis Sri Lanka endured nearly two years ago.
President Ranil Wickremesinghe today inaugurated the open cycle phase of the “Sobadhanavi” 350 MW Combined Cycle Power Plant in Kerawalapitiya, the President’s Media Division (PMD) said.
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