CID continues search for Ravi
March 8, 2020 01:55 pm
The Criminal Investigation Department (CID) has not been able to arrest the former Finance Minister Ravi Karunanayake despite more than 48 hours has passed since an arrest warrant was issued on him.
Officers of the CID arrived at the residence of Karunanayake in Rajamal Mawatha, Battaramulla this morning (08) as well.
However, they remained at the residence for nearly 20 minutes before leaving.
On 06 March, the Colombo Fort Magistrate’s Court issued warrants for the arrest of Karunanayake and 9 others over the Central Bank bond auctions of March 2016.
The Attorney General on Tuesday directed the Acting IGP to obtain arrest warrants against several suspects in the Central Bank bond scam case including the former Finance Minister Ravi Karunanayake, former Governor of the Central Bank Arjuna Mahendran, Perpetual Treasuries Limited (PTL) owner Arjun Aloysius, CEO Kasun Palisena, former Director of the Public Debt Department of the Central Bank T.H.B. Sarathchandra and several others on charges of conspiracy, criminal misappropriation, cheating, and market manipulation in respect of the bond auctions of March 2016.
The Colombo Fort Magistrate Ranga Dissanayake accordingly issued arrest warrants on ten suspects in the case, and, however, rejected the issuance of a warrant on the tenth suspect, Buddhika Sarathchandra.
