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PTL’s Chief Dealer, executive bailed

Perpetual Treasuries Limited (PTL) Chief Dealer Nuwan Salgado and IT executive Sachith Devathanthri arrested for allegedly tampering with evidence submitted to the Presidential Commission of Inquiry investigating into the Treasury Bond issue were yesterday ordered to be released on bail by the Colombo Fort Magistrate.

The two suspects were ordered to be released on a surety bail of Rs.300,000 each by Magistrate Lanka Jayaratne.

Prosecutors yesterday informed court that the Attorney General expects to name Nuwan Salgado and Sachith Devathanthri as State Witnesses in the case.They further said charges will be filed against Arjun Aloysius and Kasun Palisena in connection with the controversial Central Bank Bond issue.

The CID alleged that PTL Chief Dealer Nuwan Salgado had instructed the PTL IT Executive Sachith Devatanthri to delete certain telephone conversations which were recorded in PTL’s call logger system.Subsequently, Devathanthri has deleted the recordings and replaced them with some other call recordings.

Two suspects Arjun Aloysius and Kasun Palisena arrested in connection with the controversial Central Bank Bond issue, were yesterday ordered to be further remanded till August 9 by the Colombo Fort Magistrate’s Court.The court had issued a warrant against Arjuna Mahendran, the first suspect in the case, since he failed to comply with the court orders.

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