Arjun Aloysius, Kasun Palisena arrested over treasury bond scam

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The owner of Perpetual Treasuries Limited Arjun Aloysius and former Chief Executive Officer (CEO) Kasun Palisena were arrested by the Criminal Investigations Department (CID) today over the treasury bond scam.

Aloysius and Palisena had been named by the CID together with former Central Bank Governor Arjuna Mahendran as the prime suspects in the scam.

Following the arrest, Aloysius and Palisena were taken to the CID Headquarters to be questioned. Mahendran is currently in Singapore.

Aloysius and Palisena were produced before a Magistrate and remanded till tomorrow (Monday). (Colombo Gazette)

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