Mahendran and ten others to be indicted for the Bond Scam

The Attorney General has asked permission from the Chief Justice to file indictments before a special Three-Judge bench against eleven persons allegedly involved in the infamous Bond Scam.

This was revealed in an announcement made by the AG’s department today.

The indictments will be filed against Central Bank Governor Arjuna Mahendran Ex-Central Bank Deputy Governor P. Samarasiri, Perpetual Treasuries Limited, PTL Beneficial Owner Arjun Aloysius, PTL CEO Kasun Palisena, Jeffery Joseph Aloysius and several other PTL directors.

The charges will be on 23 counts the announcement said.

Mahendran and Samarasiri are also being held responsible for some Rs. 688 million which a Presidential Commission of inquiry recommended that they be asked to pay back

The commission said Mahendran “acted in collusion” with Perpetual Treasuries Ltd, connected to his son-in-law.

The commission asked the bribery commission to consider whether his actions amounted to corruption.

Perpetual Treasuries had acted on inside information and action should be taken to fine the firm for twice the value and recover the funds, the commission said.

Tags :

Latest Comments

Your email address will not be published. Required fields are marked *