Notice Issued on Former CBSL Governor Arjuna Mahendran Over 2015 Bond Scam

November 26, 2024

The Colombo Magistrate’s Court has issued notice to former Central Bank of Sri Lanka (CBSL) Governor Arjuna Mahendran, requiring him to appear on February 25, 2025, in connection with a case filed by the Bribery Commission over the 2015 bond scam.

The case alleges the misappropriation of government bonds, resulting in a loss of over Rs. 10 billion to the state. The order was issued by Colombo Magistrate Thilina Gamage following a request from the Bribery Commission.

The controversial bond issue, which surfaced during Mahendran’s tenure, has remained a focal point in Sri Lanka’s investigations into financial misconduct