Mahendran, Arjun and Kasun named as prime suspects in bond scam

Former Central Bank Governor Arjuna Mahendran, Perpetual Treasuries head Arjun Aloysius and the former Chief Executive Officer (CEO) of Perpetual Treasuries Kasun Palisena were today named as the prime suspects in the Central Bank treasury bond scam.

The Criminal Investigations Department (CID) filed a report at the Colombo Fort Magistrate’s Court today in relations to the scam.

In its ‘B Report’ the CID had named Mahendran, Aloysius and Palisena.

Mahendran, who is in Singapore, was ordered to appear before the CID to make a statement over the allegations against him, before February 15.

The Colombo Fort Magistrate also issued an order preventing movable and immovable properties of Perpetual Treasuries Limited from being transferred to a third party. (Colombo Gazette)