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AG files appeal challenging bail granted to Bond Scam suspects

AG files appeal challenging bail granted to Bond Scam suspects AG files appeal challenging bail granted to Bond Scam suspects Written by Share: Colombo (News 1st); Attorney General Dappula De Livera has filed an appeal in the Supreme Court challenging the order of the Trial at Bar granting bail to the Suspects in the Treasury Bond Scam case involving the Bond auction of 29th March 2016. State Counsel Nishara Jayaratne, the Coordinating Officer to the Attorney General confirmed this to News 1st. 07 defendants charged with the 2016 March 31st Central Bank Treasury Bond Scam were released on bail by the Colombo Permanent High Court Trial-at-Bar on the 01st of April 2021.

Justice Tillakaratne s reasons to refuse bail to Bond Scam defendants

Share: Colombo (News 1st); The Colombo Permanent High Court Trial-at-Bar on Thursday (01) by a majority decision ordered to release on bail 08 defendants in the Central Bank Treasury Bond Scam that took place on the 29th of March 2016. Chairman of the bench Justice Damith Thotawatte and Justice Mohamed Isadeen decided to grant bail to the defendants, however, Justice Manjula Tillakaratne decided to reject the bail application. Justice Manjula Tillakaratne in his order noted there is no provision in the Bail Act in order to grant bail to the defendants who are under the Public Property Act. Further, Justice Tillakaratne also pointed out that the court has not authority to grant bail on the defendants without the approval of the Attorney General as per the articles of the Code of Criminal Procedure Act.

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