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Revision application for bail by Aloysius, Palisena fixed for support

The Court of Appeal yesterday fixed for support, on March 29, the revision application for bail, filed by Arjun Aloysius, the Director of Perpetual Treasuries Pvt Limited and Kasun Palisena, the Chief Executive Officer of the same company.

 

They have been charged in the Magistrate’s Court consequent to the findings of the Presidential Commission which inquired into the Central Bank Bond Scam of 2015.

 

Both the Magistrate’s Court and the High Court have refused bail to the suspects. They filed a revision application in the Court of Appeal.

 

President’s Counsel Gamini Marapana appeared with Navin Marapana for the suspects.

 

The bench comprised Justice Shiran Gooneratne.

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