header logo
Vallibel FD
vallible LE
Latest
Special HC issues arrest warrant against Mahendran
Aug 09, 201910:06 AM
Special HC issues arrest warrant against Mahendran
Mobitel inner 1278

The Permanent High Court at Bar today (09) issued an arrest warrant against the main suspect of the Bond Scam case former Governor of Central Bank of Sri Lanka Arjuna Mahendran, to produce him before the court.

 

The three-judge bench consisting of Special High Court Judges Sampath Abeykoon, Sampath Wijeratne and Champa Janaki Rajaratne ordered to issue the arrest warrant in English language.

 

Additional Solicitor General Priyantha Nawana, speaking on behalf of the Attorney General, had recently requested the Special High Court to issue an arrest warrant at the earliest possible to produce Mahendran before the court as summons cannot be handed over to him.

 

On July 24th, the Special High Court ordered the Attorney General to submit an affidavit before August 9th, if there are any grounds for the request made to issue a warrant to arrest Mahendran, who is currently absconding the court.

 

Accordingly, the three-judge bench has issued a warrant against the former Central Bank governor to arrest and produce him before the court.

 

In addition, the Additional Solicitor General had previously requested court to issue summons on the 10th defendant of the case, Ajahn Gardiye Punchihewa as he is currently living in Singapore absconding the court.

 

Accordingly, the Special High Court called for a report on the summons issued for Punchihewa to be submitted on the 4th of December.

 

Former Central Bank Governor Lakshman Arjuna Mahendran, former Central Bank Deputy Governor Paththinige Samarasiri, Perpetual Treasuries Limited, PTL owner Arjun Joseph Aloysius, CEO Kasun Oshadhi Palisena, chairman Geoffrey Joseph Aloysius, directors Pushyamithra Gunawardena, Chitta Ranjan Hulugalle, Muthuraja Surendran and Ajahn Gardiye Punchihewa were named as the defendants of the bond scam case.

 

The Attorney General’s Department stated that the charges against the defendants were presented under the Public Property Act for conspiring to commit criminal misappropriation in respect of Treasury Bonds to the face value of Rs 10.058 billion through the Treasury Bond auction on February 27, 2015.

 

The first and second defendants of the case, Arjuna Mahendran and Paththinige Samarasiri, were charged for criminal breach of trust in respect of Treasury Bonds to the face value of Rs 10.058 billion and thereby causing a loss to the government in a sum of Rs 688,762,100.

 

 

 

 

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
PSTA draws widespread opposition from civil groups; Several protests planned against the Bill

PSTA draws widespread opposition from civil groups; Several protests planned against the Bill

Parliament heated over no-confidence motion against Speaker; SJB stages protest within the chamber

Parliament heated over no-confidence motion against Speaker; SJB stages protest within the chamber

 Namal Rajapaksa granted bail in Krrish bribery case based on exceptional circumstances by court

Namal Rajapaksa granted bail in Krrish bribery case based on exceptional circumstances by court

 "PSTA will cause serious damage to the country" Opposition says PSTA an attempt to suppress dissent

"PSTA will cause serious damage to the country" Opposition says PSTA an attempt to suppress dissent

 Crowds flock to IRD offices amid new TIN requirement; IRD urges public to avoid unnecessary visits

Crowds flock to IRD offices amid new TIN requirement; IRD urges public to avoid unnecessary visits

More opposition against new security bills Govt too incompetent to govern the country – Sajith

More opposition against new security bills Govt too incompetent to govern the country – Sajith

 Prices of petrol and diesel increased; Bus, three-wheeler and other TUs dismayed by fuel price hike

Prices of petrol and diesel increased; Bus, three-wheeler and other TUs dismayed by fuel price hike

Govt promises substantial relief through Budget; Opposition says govt continuing to increase taxes

Govt promises substantial relief through Budget; Opposition says govt continuing to increase taxes

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

Lassana Flora