Bond Scam Case Postponed to July 22 Over Bench Issue ⚖️

Source

• Legal Proceedings: The Colombo High Court has ordered the case against 11 defendants in the Central Bank of Sri Lanka (CBSL) bond scam to be recalled on 22 July 2026. • The Cause: High Court Judge Manjula Thilakaratne informed the open court that the trial-at-bar hearing the matter had not been validly and properly constituted. • The Accused: The banking & finance and public sector figures involved include former CBSL Governor Arjuna Mahendran, former Finance Minister Ravi Karunanayake, Perpetual Treasuries Ltd., and its Directors Arjun Aloysius and Geoffrey Aloysius. • The Charges: The Attorney General instituted proceedings under the Public Property Act regarding alleged irregularities connected to the CBSL Treasury Bond auction held in March 2016.

Listen to this article

Duration: 0:50