The Attorney General has objected to the bail application filed by Perpetual Treasuries Limited director Arjun Aloysius and CEO Kasun Palisena, who are in remand custody over the bond scam charges.
The Attorney General's Department today filed written submission at Colombo Fort Magistrate’s Court against granting bail to Aloysius and Palisena.
The Attorney General has stated in his submission that the suspects are being charged under the Public Property Act and the court has no authority to grant bail without any particular reason.
Considering the submissions, Colombo Fort Magistrate Lanka Jayaratne has ordered the bail application to be taken on the 16th of this month.
Meanwhile, the Colombo Fort Magistrate ordered the suspects Arjun Aloysius and Kasun Palisena, who were arrested in connection with the Central Bank bonds scam, to be remanded till the 16th.
Source : Colombo Page
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