Aloysius, Joseph granted bail

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Colombo Additional Magistrate T. N, Illangasinghe, on Friday (2) enlarged on bail, in two sureties of Rs. 22.5 million, Arjun Aloysius and Virendra Joseph, who were present in Court after being noticed in connection with causing a tax revenue loss to the State, amounting to Rs 16.7 million.

The Court also ordered the two suspects, to convey to Court shortly, as to how they intend to repay the misappropriated aforesaid tax revenue.

Following a complaint lodged with the Colombo Chief Magistrate’s Court, by the Inland Revenue Department in this connection, the two suspects, who are Directors of W. M. Mendis & Company, were present in Court after notice being issued to them at the previous hearing.

By Hansi Nanayakkara