AG ordered to respond to initial objections

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The two-Judge Bench of the Colombo High Court, yesterday (26), ordered the Attorney General (AG) to respond on 4 July, to the initial objections raised by the defence, in connection with the case of criminal misappropriation of the CBSL Treasury Bonds and causing a loss of Rs 688 million to the State, on 27 February seven years ago.

Former CBSL Governor Arjuna Mahendran and nine others, including former CBSL Deputy Governor P. Samarasiri, Primary Dealer PTL Private Limited, its owners Geoffrey Aloysius, Arjun Aloysius, its CEO Kasun Palisena, its Directors Pushpa Mithra Gunawardene, Chitta Ranjan Hulugalla, Muthuraja Surendran and Ajan Gardiya Punchihewa, have been indicted by the AG, before the Colombo High Court with regard to the case. The Bench comprised Judges Champa Janaki Rajaratne and Namal Balalle. When the case was taken up, the lawyers for the defence, raising initial objections, statedthat it was impossible to further sustain the trial based solely on charges filed against their clients.

Hence, they urged the Court to dismiss the charges filed against the accused and release them from the trial.

Accordingly the Court ordered the AG, to submit his response to the initial objections raised by the defence, on the said date.

By Hansi Nanayakkara