Court issues arrest warrants on Ravi and others

The Colombo Fort Magistrate, Ranga Dissanayake issued arrest warrants on former Minister Ravi Karunanayake and 10 others today (6). 

The Magistrate, earlier in the day, had posed a questionnaire to the Attorney General (AG) in order to clarify information regarding certain suspects in the case.

The AG was given until 2.30 p.m. today to submit the relevant information requested by the magistrate.

The AG on Tuesday (3),  directed the Acting Inspector General of Police (IGP) Senior DIG C.D. Wickramaratne to obtain warrants from court and arrest Karunanayake, former Central Bank Governor Arjuna Mahendran, Director of Perpetual Treasuries Limited (PTL) Arjun Aloysius, Chief Executive Officer of PTL Kasun Palisena & eight others.

The order was issued charging the suspects of conspiracy, criminal misappropriation, cheating and market manipulation in regard to the bond auctions of March 2016.

On Wednesday (5), the Colombo Fort Magistrate imposed a travel ban on all the suspects in the case.