Two CID teams to arrest Ravi, eight others over bond scam

Two teams of the Criminal Investigation Department (CID) officials are searching to arrest former MP Ravi Karunanayake and eight others over the Central Bank bond scam, Police Spokesman SP Jaliya Senarathna said today.

Meanwhile, the CID yesterday searched the residence of former minister Karunanayake at Rajamalwatta in Battaramulla following the arrest warrant.

Colombo Fort Magistrate Ranga Dissanayake on Friday issued arrest warrants on Mr. Karunanayake and nine others over the Central Bank bond scam in 2016.

Sources said Mr. Karunanayake was not at his residence when the CID officers arrived yesterday.

The CID yesterday arrested Perpetual Treasuries Limited (PTL) Director Muthuraja Surendran against whom an arrest warrant was issued.

He was remanded until March 18 after being produced before the Colombo Additional Magistrate.