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Interpol Red Notice issued on former CB chief Arjuna Mahendran

Apr 20, 2018 3:25:53 AM - thesundayleader.lk

An Interpol Red Notice has been issued on former Central Bank Governor Arjuna Mahendran.

Mahendran is wanted in Sri Lanka to be questioned over the Central Bank treasury bond scam.

The alleged scam took place when Mahendran was the Governor of the Central Bank.

Mahendran is believed to be in Singapore and is evading arrest.

Mahendran, Perpetual Treasuries head Arjun Aloysius and the former Chief Executive Officer (CEO) of Perpetual Treasuries Kasun Palisena were in February named by the Criminal Investigations Department (CID) as the prime suspects in the Central Bank treasury bond scam.

Arjun Aloysius and Kasun Palisena are now in remand over the scam. Mahendran was ordered by court to appear before the CID to make a statement over the allegations against him but he failed to do so.

Former Finance Minister Ravi Karunanayake was meanwhile questioned in February by the Bribery Commission over the scam as the scam took place when he was the Finance Minister. (Colombo Gazette)