Jayasundera made this remark when the case in connection with the Central Bank Treasury Bonds issue was taken for hearing last morning.
The two suspects involved in the case, who are currently in remand, the Owner of the Perpetual Treasuries Limited (PTL) Arjun Aloysius and Chief Executive Officer Kasun Palisena were ordered to be further remanded till 10 May.
Officers from the Criminal Investigation Department appeared for the prosecution, while the Attorney General was represented by Jayasundera and Senior State Counsel Lakmini Girihagama.
The Magistrate then informed the defence to file written submissions based on the legal points with regard to the request at the next hearing.
Submitting a progress report on the case, Jayasundera told the Court that, “Following orders from this Court, pertaining to the ‘c 350’ document, the Sri Lanka Telecom has provided details regarding certain telephone conversations and they have mentioned that certain other conversation details cannot be given due to technical issues. Also, the CID is currently conducting a probe in an effort to obtain those conversation details which have not been received thus far. Also, both Dialog and Mobitel have informed that besides the details provided, concerning telephone conversations, they have not been able to provide details regarding Short Message Service (SMS) texts that had been exchanged by the suspects. Also the Etisalat firm has provided details regarding both outgoing and incoming telephone conversations and has added that they need sufficient time to divulge the details on SMSs that had been exchanged between the suspects and other parties. Hence, investigations are being conducted into the details and data that have been collected thus far and the reports that are to be received, are also in the process of being compiled. Furthermore, in order to arrest the first suspect in the case, Mahendran, the red notice that had been issued by this Court has already been put out by the Interpol as well and since the Interpol has 192 branches throughout the world, if Mahendran were to be hiding in any of those countries he could be apprehended. However, those countries must sign extradition treaties with our country. Hence, I request all documents and case files regarding this case to be handed over to the CID. Also I request this Court to issue an order to the Inland Revenue Department to release a report regarding the revenue earned and costs incurred by the third suspect in the case, the PTL.”
Taking the request into consideration, Colombo Fort Chief Magistrate Jayaratne said that she will announce her decision regarding the request at the next hearing, based on the legal points as well as the amended Inland Revenue Act, No. 8 of 2004.The case is to be taken up next on 10 May.