Categories: Headlines

LNP – Court rejects Arjun Aloysius’ bail appeal

The Colombo Magistrate’s Court has rejected an appeal for bail made by the Director of W.M. Mendis Distilleries Arjun Aloysius and two others, who were sentenced to prison on Monday (14) over VAT evasion.

Appearing for the defendants, President’s Counsel Razik Zarook requested the court to release the three defendants on bail since the trial against them has now become a criminal case.

Colombo Additional Magistrate Bandara Ilangasinghe, who stated that the relevant case has been filed based on a certification given by the Inland Revenue Department, rejected the appeal for bail, mentioning that the prison sentence is only an alternative punishment imposed on the accused and that therefore the case has not become a criminal trial.

The Colombo Magistrate’s Court sentenced the Director of W.M. Mendis Distilleries, Arjun Aloysius and two others to 06 months in prison for defaulting the payment of Rs. 3.5 billion in Value Added Tax (VAT) by the company.

The relevant case was filed against the company by the Inland Revenue Department (IRD) for defaulting the payment of Rs. 3.5 billion in taxes owed to the government during the period from 2016 to 2019.

AddThis Website Tools
Tyronne Jayamanne

Recent Posts

LNP – Sri Lanka’s FDI records 90% increase in first quarter 2025

LNP – Sri Lanka’s FDI records 90% increase in first quarter 2025

The Board of Investment (BOI) of Sri Lanka has successfully increased Foreign Direct Investment (FDI)…

10 hours ago
LNP – Sri Lanka deports 85 Chinese nationals over criminal activities

LNP – Sri Lanka deports 85 Chinese nationals over criminal activities

A total of 85 Chinese nationals convicted for various crimes, including cyber-related offences, were deported…

11 hours ago
LNP – Think twice before buying EVs: Vehicle importers

LNP – Think twice before buying EVs: Vehicle importers

The Vehicle Importers Association of Lanka (VIAL) has urged the public to carefully consider their…

11 hours ago

LNP – MR, Maithri, Ranil, Basil, others involved in USD 110 million cattle import scam: MP

Former Presidents Mahinda Rajapaksa, Maithripala Sirisena, Ranil Wickremesinghe, former Ministers Basil Rajapaksa, P. Harrison, Wijith…

1 day ago

LNP – Keheliya’s two more daughters, son-in-law arrested

Two more daughters of former Minister Keheliya Rambukwella, Chamithri Jayanika Rambukwella and Amali Nayanika Rambukwella—as…

1 day ago

LNP – World’s most liveable city for 2025 revealed

After a three-year run at the top of the annual list from the Economist Intelligence…

1 day ago