HC to decide on revision applications filed by Aloysius and Palisena

HC to decide on revision applications filed by Aloysius and Palisena

February 28, 2018   12:41 pm

The Colombo High Court says that the decision whether to proceed with the revision applications filed by Perpetual Treasuries Limited owner Arjuna Aloysius and CEO Kasun Palisena, will be announced on March 09. 

The attorneys representing Aloysius and Palisena filed the revision applications seeking bail before the High Court on Monday (26).

The officer-in-charge of the CID’s financial crimes division, the director of the CID and the Attorney General are named as respondents in the petition.

The petitioners point out that their bail application was rejected by the Colombo Fort Magistrate’s Court, under the Public Property Act.

However, they request that the decision of the Magistrate’s Court be revised and bail granted as no crimes have been uncovered under the Public Property Act, in the reports presented by the Criminal Investigations Department (CID). 

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.



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

Most Viewed Video Stories