CA too refuses to grant bail to Aloysius, Palisena

By Chitra Weerarathne

The Court of Appeal yesterday refused bail to Arjun Aloysius Chairman Perpetual Treasuries Pvt. Limited and Kasun Palisena, its Director. These suspects were arrested in respect of the Central Bank Bond Scam and remanded by the Fort Magistrate. Bail was refused by the High Court of Colombo.

 Consequently, they appealed to the Court of Appeal.

 Gamini Marapana, PC appeared with Navin Marapana for the suspects.

Additional Solicitor General Yasantha Kodagoda, PC appeared for the Attorney General.

The suspects have been arrested and remanded for abusing Public Property.

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