Wednesday 7 June 2017

CEO of Perpetual Treasuries removed from Bond Commission


 
By Shehan Chamika Silva
 
Chief Executive Officer of Perpetual Treasuries Ltd, Kasun Palisena, who was present inside the Bond Commission while evidence relating to the phone conversations that taken place between him and Bank Of Ceylon Chief Dealer in Treasuries Division, Mr.Dharmapala was being heard, was ordered to leave the Court room by the Commission.
 
The Commission advised the Counsel appearing on behalf of Perpetual Treasuries Ltd that he should have informed the commission regarding Kasun Palisena’s presence prior to the evidence relating to him being lead before the Commission.
 
Additional Solicitor General Dappulada Livera argued that the Counsel’s conduct of not informing such person’s presence inside the commission was highly questionable because Mr. Palisena could fashion his future evidence in commission listening to what Mr. Dharmapla said today before the commission.
 
However, the Counsel officially apologized to the Commission and told it was not a deliberate conduct as the ASG explained since his sole intention was to get instructions from Mr. Palisena in order to cross examine the witness considering the time constrains of the Commission.

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