AG files appeal against granting bail to Bond Scam suspects

April 19, 2021 04:30 pm

Attorney General Dappula de Livera has filed an appeal before the Supreme Court challenging the order of the Trial-at-Bar granting bail to the Bond Scam suspects, the Coordinating Officer of the Attorney General State Counsel Nishara Jayaratne said.

On April 01, former Minister Ravi Karunanayake and seven suspects who were accused in another bond scam case were granted bail by the Trial-at-Bar consisting of Judges Amal Ranaraja, Namal Balalle, and Aditya Patabendige.

On March 17, 2021, the eight suspects had been placed under remand custody over accusations of criminal misappropriation of bonds valued at Rs. 15 billion during the Central Bank’s treasury bond auction held between March 29 and March 31, 2016.

They were released on cash bails of Rs 01 million and two sureties of Rs 10 million each.

The bench also imposed a foreign travel ban on the accused.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

NOTE:- Due to legal contstraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.