Court issues notice to CB Governor, son-in-law
Posted on August 12th, 2015

Courtesy Adaderana

The Colombo Magistrate’s Court today issued notice on the Governor of the Central Bank Arjuna Mahendran and his son-in-law Arjun Aloysius to appear before the court on October 30, over a petition filed regarding the controversial Treasury Bond issue.

The petition was filed by UPFA Provincial Councillor Renuka Perera seeking a court order summoning the CB Governor and his son-in-law, who is a major shareholder of Perpetual Treasuries, in connection with the misuse of Rs 30 billion acquired in the process of auctioning Government Treasury Bonds by the Central Bank of Sri Lanka.

The Court was also informed by the Plaintiff that, on or about 27 February 2015, an issue of 30-year Treasury Bonds valued at Rs 1 Billion was declared and sans any public notification, the Central Bank had increased this amount to Rs 10 Billion.

The petitioner further stated that as a result of this transaction the government incurred a loss of Rs. 1393 million.

When the petition was taken up yesterday, Additional Magistrate Chandima Liyanage had said that the decision about issuing notices to the two defendants as per the request will be made today (12).

4 Responses to “Court issues notice to CB Governor, son-in-law”

  1. Susantha Wijesinghe Says:


  2. Fran Diaz Says:

    My O my !! lots of promises, promises from UNP – AFTER elections on Aug 17th !!!
    Why not before elections, huh ?
    That Arjun Mahendran lasted so long after the scam, speaks volumes about UNP dud policies.

    GSP plus too might come in from Europe, AFTER elections !

  3. Ananda-USA Says:

    Fran Diaz,

    The UNPatriotic Party promised a YAMAPALANAYA …. they have delivered it.

    Our POOR DEAF VOTERS on Jan 8, 2015 heard it WRONG as YAHAPALANAYA!

    Hopefully, now the VOTERS have gotten the wax out of their ears!

    Eka thamai apita ammala kiyanney, monawa karath kamak naha puthey, eeta passey hoda ganning!

  4. aravinda Says:

    If Mahinda wins on 18th August, these two will disappear on 19th and reappear in Singapore. If Mahinda is defeated on 18th, Father-in-law and Son-in-law will laugh all the way to the BANK. Then, for 30 years they will bleed Sri Lanka and its people and accumulate enough wealth for seven generations. Well, its up to Sri Lankan voters to decide future of our nation in 4 days.

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