Mar 25, 2019

Special report from AG Department to extradite Arjuna Mahendran! Featured

With regard to the Central Bank Bond scam first transaction (2015 February 27) the CID has received instructions from the Attorney General’s Department to file indictments against the responsible parties.

Accordingly, former Central Bank Governor Arjuna Mahendran, former Deputy Governor of Central Bank P. Samarasiri and three Directors of Perpetual Treasuries Limited (PTL) have been arrested over the bond scam and charges would be filed.

As a result of this Treasury Bond transaction in February 2015, the Auditor General has estimated the loss incurred to be over Rs. 688 million.  

The statements of these suspects will be recorded initially and submitted to the Magistrate’s Court.

Currently, the Attorney General’s Department is in the process of formulating a report to have Arjuna Mahendran extradited to Sri Lanka. There is an international red warrant issued against him over the bond scam.

This report is expected to be handed over to the Attorney General of Singapore next week.

The Attorney General’s Department stated that thereafter, legal measures would be taken to have Mahendran extradited to Sri Lanka.