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* Revision bail application of bond scam suspects Arjun Aloysius and Kasun Palisena dismissed
Fri, Mar 9, 2018, 02:01 pm SL Time, ColomboPage News Desk, Sri Lanka.

Mar 09, Colombo: The Colombo High Court has decided to reject the revision bail application filed by Perpetual Treasuries Limited director Arjun Aloysius and CEO Kasun Palisena, who are in remand custody over the bond scam charges.

Colombo High Court judge Sampath Wijeyeratne dismissed the petition without proceeding when it was taken up in the court today saying that the order given by the Colombo Fort Magistrate was legitimate.

The petitioners in their appeal to the Colombo High Court stated that the Colombo Fort Magistrate has refused bail for them under the Public Property Act.

The Petitioners stated that however, the police report submitted to the courts against him has not revealed any offense under the Public Property Act and therefore, pointed out that the decision taken by the Colombo Fort Magistrate to refuse to grant bail was illegal.

 

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