News

The Colombo Magistrate’s Court today (12) ordered the Financial Intelligence Unit of the Central Bank of Sri Lanka to appear before court on December 11 and explain the failure to submit account ...
An employee replied that he will do his best to meet our request for an interview once he had spoken with Mr Aloysius. “Arjun is a dealmaker,” said an investment analyst. “He gets things done by using ...
Three Directors of W.M. Mendis and Company Ltd., Arjun Aloysius and two others, were sentenced yesterday to a six-month jail term by the Colombo Magistrate’s Court for defaulting a payment of Value ...
The Commission of Inquiry (CoI) probing the issue of Treasury Bonds (TB) is set to summon Perpetual Treasuries Ltd (PTL) owner Arjun Aloysius this week, to question him over explosive revelations ...
PTL CEO Kasun Palisena giving evidence before the PCoI today admitted that his boss Arjun Aloysius had ‘lied’ to the Parliamentary watchdog committee COPE headed by MP Sunil Handunneththi ...
Arjun Aloysius appeared before the Presidential Commission investigating the treasury bond scam today to make a statement. Aloysius appeared before Commission yesterday as well and on Thursday he ...
Contesting the application made by President’s Counsel Gamini Marapana appearing for Arjun Aloysius that he was not prepared to appear before the PCoI and as such it could not compel him to give ...
The Colombo Magistrate’s Court has issued an order today (June 12) in connection with the ongoing investigations into the Central Bank ...
Mahendran and his bond-dealer son-in-law Arjun Aloysius are accused of manipulating of bond auctions in 2015 and 2016, causing losses of over USD 11 million to the state. COLOMBO: The former head ...
Arjun Aloysius appeared before the Presidential Commission investigating the treasury bond scam for a fourth day today to make a statement. Aloysius appeared before the Commission yesterday as ...
Police arrested Perpetual's owner Arjun Aloysius and CEO Kasun Palisena on Sunday on suspicion of involvement in the alleged scam. Perpetual bought more than half the debt on sale in a government ...
Colombo Additional Magistrate Bandara Ilangasinghe yesterday (14) sentenced three people, including the director of W.M. Mendis & Co., Arjun Aloysius, to six months in prison for failing to pay Rs.