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Fort Magistrate’s Court restrained from execution of arrest warrant on Ravi and 6 others

Ravi Karunanayake

Court of Appeal on Tuesday, July 07 issued an Interim injunction restraining the Fort Magstrate’s Court from executing a warrant to arrest Ravi Karunanayake and six other Petitioners until the final determination of the Writ Petitions.

The Bench comprised Justices A.H.M.D. Nawaz (President/CA), Shiran Goonaratne and Sobhitha Rajakaruna.

The Fort Magistrate’s Court had on March 06 issued warrants for the immediate arrest of seven suspects including Ravi Karunanayake in connection with the criminal offenses committed at the bond auctions held on March 29 and 31, 2016.

Court issued notices returnable for 25 August. Objections are to be filed on or before 25 August 2020 and Counter Objections on 29 September 2020.

There are seven petitions in the Court of Appeal seeking to quash the arrest warrant issued by the Fort Magistrate Court on 6 March 2020, in respect of the Treasury bond auction scheduled for 31 March 2016 on the purported allegations of inside information resulting alleged loss to State Banks.

Faisz Musthapha PC with Rienzi Aresecularatne PC, Shavindra Fernando PC, Anura Meddegoda PC, Senany Dayaratne, Faisza Markar, Riad Ameen, Chamendri Aresecularatne and Nisala Seniya Fernando, instructed by G.S. Thavarasha appeared for the Petitioner in two Petitions.

Navin Marapana PC with Kaushalya Molligoda, Uchitha Wickremasinghe and Thanuja Meegahawatte appeared for petitioners in another Petition. Manoj Bandara with Rashini Thyagaraj and Hasitha Gamage, instructed by Sudath Perera Associate appeared for two other Petitions.

Senior Deputy Solicitors General Milinda Gunathilake and Haripriya Jayasundra, as well as Senior State Counsels Shaheeda Barrie and Lakmini Girihagama and State Counsel Chathurika Wijesooriya, appeared for the Respondents.







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