No bail for Aloysius and Palisena

Published : 12:02 am  March 10, 2018 | No comments so far |  |  (203) reads | 

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The suspects had sought bail on the basis that the Magistrate’s order to remand them was faulty and baseless.

 


By T. Farook Thajudeen  

The Colombo High Court yesterday refused to grant bail to Perpetual Treasuries Ltd owner Arjun Aloysius and CEO Kasun Palisena, who are currently in remand custody.  

 

High Court Judge Sampath Wijeratne had on February 28 fixed for inquiry for yesterday whether notice should be issued on the respondents to appear in court for the inquiry into their bail application.  
However, the bail application was dismissed without taking it up for inquiry.  The suspects had sought bail from the High Court on the basis that the Magistrate’s order to remand them was faulty and baseless.   


The petitioners claimed that the two suspects were the breadwinners of their families and being kept in remand custody had affected their children psychologically and further they were undergoing treatment for several ailments.    


They cited the OIC of the Financial Investigation Unit 3 of the CID, the CID director and the Attorney General as respondents.     

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