Two PTL officials turn state witness

Friday, 3 August 2018 00:00 - - {{hitsCtrl.values.hits}}

Granted bail but re-remanded for failure to meet bail conditions

By Skandha Gunasekara

The Attorney General yesterday informed Court that two suspects in the Central Bank Bond Scam would be giving evidence as state witnesses.

The AG informed the Court of the matter when the two suspects, Chief Dealer of Perpetual Treasuries Ltd. (PTL) Nuwan Salgado and the IT officer of the company Sachitra Devathanthri were produced before the Fort Magistrate after being arrested yesterday.

The duo were granted bail only to remanded after failing to meet the bail conditions. Nuwan Salgado and Sachitra Devathanthri were ordered to be released on a surety bail of Rs. 300,000 each. Meanwhile, PTL owner Arjun Aloysius and the Chief Executive Officer (CEO) Kasun Palisena were further remanded until 9 August by the Colombo Fort Magistrate.