header logo
Vallibel FD
vallible LE
Latest
Geoffrey Aloysius, P. Samarasiri and PTL Directors granted bail
Apr 05, 201904:45 PM
Geoffrey Aloysius, P. Samarasiri and PTL Directors granted bail
Mobitel inner 1278

Chairman of Perpetual Treasuries Limited (PTL) Geoffrey Aloysius, former Deputy Governor of the Central Bank P. Samarasiri and three PTL directors have been granted bail by the Colombo Chief Magistrate’s Court today (5).

 

When the case filed over the Central Bank bond scam was taken up today (5) before Colombo Chief Magistrate Lanka Jayaratne, the attorneys representing the suspects filed bail applications on behalf of their clients who are in remand custody.

 

Accordingly the chief magistrate ordered that the PTL Chairman and former Central Bank deputy governor each be released on a cash bail of Rs 100,000 and two personal bails of Rs 2 million each.

 

The three other directors of the Perpetual Treasuries Limited were ordered released on two personal bail of Rs 1 million each.

 

However, all five of them were barred from leaving the country by the court.

 

The case was postponed until April 30, Ada Derana reporter said.

 

Geoffrey Aloysius, P. Samarasiri and the three directors of PTL; Pushpamithra Gunawardena, Chithra Ranjan Hulugalla and Muthuraja Surendran were arrested by the Criminal Investigations Department (CID) over the Bond Scam on March 25.

 

They were remanded until today (April 5) after being produced at court.

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
No fuel price revision for November? Public turns to social media amid shortage of LP gas

No fuel price revision for November? Public turns to social media amid shortage of LP gas

Sri Lanka's tax arrears near Rs. 2.1 trillion IMF calls for reforms citing collection challenges

Sri Lanka's tax arrears near Rs. 2.1 trillion IMF calls for reforms citing collection challenges

Policymakers must ensure equal access to AI -  SCU Vice-Chancellor Prof. Tyrone Carlin on Hyde Park

Policymakers must ensure equal access to AI - SCU Vice-Chancellor Prof. Tyrone Carlin on Hyde Park

Courts must be independent  and ensure governments act within the law - SC Justice Yasantha Kodagoda

Courts must be independent and ensure governments act within the law - SC Justice Yasantha Kodagoda

Taxpayer Identification Number to be mandatory  for certain transactions from Nov. 1

Taxpayer Identification Number to be mandatory for certain transactions from Nov. 1

16-year-old hospitalised with gunshot wounds  after police fire on three-wheeler in Kadawatha

16-year-old hospitalised with gunshot wounds after police fire on three-wheeler in Kadawatha

'Kassapa Thero and I visited the hotel on separate days'- Sarath Weerasekara responds to controversy

'Kassapa Thero and I visited the hotel on separate days'- Sarath Weerasekara responds to controversy

Litro Gas orders 44,000MT of LPG for November  to meet increased demand

Litro Gas orders 44,000MT of LPG for November to meet increased demand

 Opposition Leader visits Lunugamvehera to assess human-elephant conflict

Opposition Leader visits Lunugamvehera to assess human-elephant conflict

 Suspected thief tied to a tree and assaulted by villagers dies while in police custody

Suspected thief tied to a tree and assaulted by villagers dies while in police custody

 Several bank accounts of Rakitha Rajapakshe suspended;Rs. 40M found in frozen bank accounts?

Several bank accounts of Rakitha Rajapakshe suspended;Rs. 40M found in frozen bank accounts?

 Human Rights Watch raises concern over proposed Prevention of Organised Crime Bill

Human Rights Watch raises concern over proposed Prevention of Organised Crime Bill

Death of youth in Homagama Police custody: Police officers failed to follow proper procedures – SDIG

Death of youth in Homagama Police custody: Police officers failed to follow proper procedures – SDIG

 Police will not ‘whitewash’ officers involved in wrongdoing-Spokesman assures very strong action

Police will not ‘whitewash’ officers involved in wrongdoing-Spokesman assures very strong action

Sri Lanka's foreign reserves projected to exceed $8 billion by year end - CBSL Governor

Sri Lanka's foreign reserves projected to exceed $8 billion by year end - CBSL Governor

Lassana Flora