Skip to Content

Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2525

Arjun Aloysius and Kasun Palisena- Arrested Duo remanded till today

Colombo, 05 February, (

Perpetual Treasuries Limited (PTL) owner Arjun Aloysius and PTL CEO Kasun Palisena, arrested by the Criminal Investigation Department (CID) yesterday morning were produced before Fort Magistrate after 10 PM and were remanded until Monday (5).

The order was issued when the suspects were produced before Fort Magistrate Lanka Jayarathne.

After their arrest, CID officials have recorded statements from the both suspects for over 12 hours in connection with the Central Bank Bond case.

The two suspects said to have given extensive statements to the CID. The CID received a detention order to hold the suspects for 24 hours and produce them before the Colombo Chief Magistrate Lanka Jayaratne today.

Police Media Spokesman Superintendent Ruwan Gunasekara told a media that the officers of the Criminal Investigation Department (CID) surrounded Aloysius and Palisena private residences yesterday morning.

A group of 18 CID officers had entered Aloysius residence down Inner Flower Road, Colombo 3, early yesterday morning. The group was closely followed by a group of lawyers representing Aloysius.

Half an hour later, Aloysius was escorted out by the CID officers and taken to the CID Headquarters to record a statement.

Similarly, a group of officers had surrounded and had entered the residence of Kasun Palisena, in Wellawatte and later escorted him to the CID Headquarters.

- Asian Tribune -

Arjun Aloysius and  Kasun Palisena- Arrested Duo remanded till today
diconary view
Share this