Tag: Xavier


Magistrate refuses to grant bail to Arjun and Kasun in bond case

Arjun Aloysius and Kasun Palisena are in remand prison after being arrested over the Central Band treasury bond scam. (Colombo Gazette) The Colombo Fort Magistrate today refused to grant bail to Perpetual Treasuries head Arjun Aloysius and Chief Executive Officer Kasun Palisena.The Colombo Fort Magistrate ordered that Arjun Aloysius and Kasun Palisena be further remanded till March 2.