The Attorney General today requested the Permanent High Court at Bar to continue the hearing of the controversial Treasury bond transactions case without former Governor of the Central Bank of Sri Lanka Arjun Mahendran and a Director of Perpetual Treasuries Ajahn Punchihewa.
Both defendants are reportedly overseas.
The case was taken up today before judges Champa Janaki Rajaratne, Damith Thotawatte and Namal Balalle.
Additional Solicitor General Priyantha Navana, representing the Attorney General, informed Court that the first accused in the case former Governor Arjun Mahendran, is currently residing in Singapore while an extradition process has been initiated with the support of the government of Singapore.
The Additional Solicitor General sought approval to proceed with the case as the extradition process will require time.
Additional Solicitor General Navana said Ajahn Punchihewa, the 10th defendant in the case, is currently in Malaysia while his extradition would be a difficult task according to extradition laws and sought to continue the case in his absence.
Accordingly, the three-judge bench ordered the case to be taken up once again on the 3rd of December and directed the complainant to ensure necessary evidence to proceed with the case without the two defendants are in order.