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HomeLocal NewsCourt issues notice to former CBSL Governor Arjuna Mahendran

Court issues notice to former CBSL Governor Arjuna Mahendran


The Colombo Magistrate’s Court has ordered former Central Bank Governor Arjuna Mahendran to appear in court on 25 February 2025.

The court issued the order pertaining to the case related to the investigations into the 2015 Central Bank Bond Scam. 

The case had been filed by the Commission to Investigate Allegations of Bribery or Corruption. 

A presidential commission of inquiry found that former CBSL Governor Arjuna Mahendran had interfered in a bond auction and had leaked inside information to help Perpetual Treasuries, owned by his son-in-law Arjun Aloysius, to make billions of rupees in profits.

Despite the findings, the legal process could not proceed after Mahendran, a Singapore citizen, failed to appear before the courts after he left the country under the pretext of attending a wedding. (Islandnews)



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