Bail Applications of Aloysius & Palisena Rejected

The Colombo High Court  today  announced the  bail applications filed by the owner of Perpetual Treasuries Limited (PTL) Arjun Aloysius and CEO Kasun Palisena have been  rejected.

It is relevant to mention that the attorneys representing Aloysius and Palisena filed the revision applications seeking bail before the High Court on February 26.