Arjuna Mahendran is in Singapore - AG’s Department

The Attorney General’s Department today informed the Colombo Fort Magistrate’s Court that former Central Bank Governor Arjuna Mahendran is in Singapore.

The AG’s Department stated that this has been confirmed by Interpol’s Singapore branch which has notified the Criminal Investigations Department (CID) in Sri Lanka. 

Meanwhile the owner of Perpetual Treasuries Limited, Arjun Aloysius and CEO Kasun Palisena were further remanded until June 07 by the Magistrate, when the case was taken up today (24).

Interpol has issued ‘Red Notice’ for the arrest of Mahendran, a Sri Lankan-born Singapore citizen, in connection with the investigations being carried out by the CID regarding the central bank treasury bond scam. 

The Colombo Fort Magistrate’s Court issued an arrest warrant on the the former Governor of the Central Bank of Sri Lanka (CBSL), who is named as the first defendant in the bond scam case, on the assessment that he is absconding after considering a request made by the CID and the Attorney General’s Department. 

Mahendran has been charged with criminal breach of trust for allegedly providing confidential information of the Central Bank to Perpetual Treasuries Limited, a primary dealer connected to his son-in-law Arjun Aloysius.