The Colombo Magistrate’s Court today (11) directed the Criminal Investigation Department (CID) to arrest and produce former Central Bank Governor Arjuna Mahendran and another suspect in connection with a money laundering investigation, and to reissue open warrants for their arrest.
The matter was heard before Colombo Chief Magistrate Asanga S. Bodaragama. The complaint, filed under the Money Laundering Act, names Perpetual Treasuries Limited, the former Central Bank Governor, and several other suspects.
During the hearing, suspects Arjun Aloysius, Jeffrey Aloysius, Kasun Palisena, P.M. Gunawardena, and Muthu Raja Surendran appeared in court. However, Arjuna Mahendran and Ajaan Gardhiya Punchihewa did not appear.
The Chief Magistrate instructed the CID to issue open warrants for their immediate arrest and production before the court. He also directed the department to complete the ongoing investigations and submit a report promptly.
The case has been scheduled to be called again on May 21, 2026.