By Yoshitha Perera   

Former Minister Ravi Karunanayake and eight others who were arrested in connection with Central Bank Bond scam of March 2016 were yesterday ordered to be further remanded till today by Colombo Special High Court Trial-at-Bar.  

Attorney General  Dappula de Livera filed indictments at the Colombo Special High Court Trial-at-Bar on March 17 against former Minister Ravi Karunanayake and eight others over the Central Bank Bond scam and they were remanded till March 23.   The eight accused have been charged with criminal misappropriation of Rs. 36.89 billion worth bonds at the Central Bank bond auction on March 29, 2016.    

The accused have been indicted under the Penal Code, Public Properties Act as well as the Registered Stock and Securities Ordinance and face charges including criminal misappropriation and insider trading.