AG orders to record statements from Ravi K and six others over March 2016 bond auction

• AG directs Acting IGP to submit statements to him by 25 July
• AG official says CA order staying arrest warrant against suspects not hindrance to investigations continuing

The Attorney General (AG) yesterday directed the Acting IGP to record statements from former Minister Ravi Karunanayake, businessman Arjun Aloysius and five others over the March 2016 Treasury Bond auctions and submit these statements by 25 July.

UNP Assistant Leader Ravi Karunanayake

Coordinating Secretary to the AG State Counsel Nishara Jayaratne said that the Court of Appeal in its order on 7 July, while staying the arrest of the suspects, said there are no objections to proceeding with investigations into the scam and statements could be recorded from the suspects.

The Court of Appeal on 7 July, in an Interim Order stayed the operation of arrest warrants issued by the Colombo Fort Magistrate against Karunanayake, Aloysius and five others in connection with the issuance of Treasury bonds in March 2016.

The Interim Order was issued after considering Writ Petitions filed by the suspects in the CA and will be effective until the final determination of the case.

The CA however said the Order was not an obstacle to continue the ongoing investigations into the Central Bank bond scam.