Dec 04, Colombo: Sri Lanka's Attorney General today informed the three-member Special High Court that the Singapore Attorney General's Department is studying the request made by the Government of Sri Lanka to extradite Arjuna Mahendran, the former Governor of the Central Bank and the first accused of the bond scam.
Additional Solicitor General Parinda Ranasinghe on behalf of the Attorney General made the submission when the case regarding the Bond Scam was taken up today by the three-member Special High Court.
When the case was taken up today, the panel of judges issued the summons to bring the 10th accused in the case, Ajahn Gardiye Punchihewa to Sri Lanka.
The court also granted permission for the sixth accused Jeffrey Joseph Aloysius, Chairman of Perpetual Treasuries, to travel to Singapore from December 6 to January 6 to receive medical treatment.
The three-member judge bench ordered to release the passport of the accused after furnishing two personal sureties of Rs 2.5 million each.
The case was taken up before a three-member High Court bench comprising justices Sampath Abeykoon, Sampath Wijeratne and Champa Janaki Rajaratne.
Additional Solicitor General Parinda Ranasinghe, appearing on behalf of the Attorney General, told the court that the Singapore Attorney general's Department was studying the documents that the government had directed to extradite Arjuna Mahendran, who is currently absconding the court.
The Additional Solicitor General told the court that the Singapore Attorney General's Department had informed the government that it needs more time to as there are many documents to review. The Singapore AG Department will evaluate whether the government's request to extradite Arjuna Mahendran is in compliance with the Singapore law and their judiciary will announce a decision.
The Attorney General has charged 10 individuals under the Public Property Act, for alleged irregularities that had taken place while issuing Central Bank treasury bonds in 2015.
Former Central Bank Governor Arjun Mahendran, former Deputy Governor of Central Bank P. Samarasiri, Perpetual Treasuries Limited, Chairman of PTL Jeffrey Joseph Aloysius, Director Arjun Aloysius, CEO Kasun Palisena Pushya Mithra Gunawardena, Ranjan Hulugalla and Muthuraja Surendran and AG Punchihewa have been named as the defendants.