Perpetual Treasuries Arjun Aloysius And Kasun Palisena Further Remanded Till April 26

Former owner of Perpetual Treasuries Arjun Aloysius and CEO Kasun Palisena were this morning further remanded till April 26.

The two were arrested by the Criminal Investigation Division (CID) on February 5 for involvement in the Central Bank Treasury bond scam in 2015 and 2016.

Perpetual Treasuries is under investigation for making unprecedented gains while Aloysius’s father-in-law Arjuna Mahendran was at the Central Bank as Governor.

There is a currently a warrant out for the arrest of Mahendran.