header logo
Mogo Academy
Latest
Court bars transfer of Perpetual Treasuries’ properties
Feb 02, 201805:44 PM
Court bars transfer of Perpetual Treasuries’ properties
Mobitel Inner

The Colombo Fort Magistrate has issued an interim order preventing movable and immovable properties of Perpetual Treasuries Limited from being transferred to a third party.

 

Meanwhile a court order has also been issued to submit the revenue details of the controversial primary dealer, for the earning from bond transactions from February 2015.  

 

The Colombo Fort Magistrate’s Court today named former Central Bank Governor Arjuna Mahendran, his son-in-law Arjun Aloysius and former Perpetual Treasuries CEO Kasun Palisena as suspects in the CID’s investigation into the bond scam case. 

 

The Criminal Investigations Department (CID) today filed its first ‘B Report’ in court over the investigation into the controversial issuance of treasury bonds and cited the aforementioned names as suspects.  

 

The Magistrate also ordered former CBSL Governor Arjuna Mahendran to appear before the CID and give a statement in connection to the investigation, before February 15.  

 

Ada Derana reporter said that Additional Solicitor General YasanthaKodagoda, appearing on behalf of the Attorney General, presented the report of the Presidential Commission of Inquiry appointed to investigate the Central Bank bond scam to the court and presented facts for a lengthy period. 

 

 

 

 

MostRead
Mobitel Upahara
VideoStories
“AI and digital platforms reshaping global media” 'Media Fest 2026' delves on future of journalism

“AI and digital platforms reshaping global media” 'Media Fest 2026' delves on future of journalism

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

“Tsunami towers are not used to detect disasters”-DMC Chief bemoans lack of resources

“Tsunami towers are not used to detect disasters”-DMC Chief bemoans lack of resources

“AI and digital platforms reshaping global media”  'Media Fest 2026' delves on future of journalism

“AI and digital platforms reshaping global media” 'Media Fest 2026' delves on future of journalism

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

“Tsunami towers are not used to detect disasters” - DMC Chief bemoans lack of resources

“Tsunami towers are not used to detect disasters” - DMC Chief bemoans lack of resources

Govt exerting influence over country's judiciary – Opposition Leader accuses

Govt exerting influence over country's judiciary – Opposition Leader accuses

Sri Lanka to strengthen preparedness for potential El Niño-related climate changes

Sri Lanka to strengthen preparedness for potential El Niño-related climate changes

Sri Lanka’s dengue death toll rises to 47 as cases exceed 67,000

Sri Lanka’s dengue death toll rises to 47 as cases exceed 67,000

Middle East conflict disruptions weigh heavily on Asia’s economic outlook, ADB warns

Middle East conflict disruptions weigh heavily on Asia’s economic outlook, ADB warns

Dengue cases remain high in Western Provincewith nearly 35,000 cases reported

Dengue cases remain high in Western Provincewith nearly 35,000 cases reported

Appeals Court postpones further consideration of Suresh Sallay’s petition until July 14

Appeals Court postpones further consideration of Suresh Sallay’s petition until July 14

Opposition Leader accuses govt of exploiting parliamentary rules to silence MPs

Opposition Leader accuses govt of exploiting parliamentary rules to silence MPs

Lassana Flora