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PersonConvicted

Arjun Aloysius

The conviction mark reflects court convictions reported by the cited sources. Convictions can be appealed or overturned, and this entry may not show the latest position.

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Details

Role

Director of W.M. Mendis Distilleries; Owner of Perpetual Treasuries Limited, according to Daily FT; described by Daily Mirror as its beneficial owner

Flagged for

Sentenced to six months in prison by the Colombo Magistrate’s Court on 14 October 2024 for non-payment of Value Added Tax

Status

Released on 22 February 2025 after serving four months; Reported in remand custody in April 2018; named among the accused in reports of 13 October 2021 and 1 June 2026; no verdict reported

Appears on

Politicians and investigators
The Treasury bond cases

Last checked

14 Oct 2026 (what this means)

Connections (10)

• Arjun Aloysius / Sentenced to six months in / W.M. Mendis VAT case
  • He and two others were sentenced to six months in prison on 14 October 2024 for defaulting on Rs. 3.5 billion in VAT.14 Oct 2024 · Newswire · Vat case : Six months imprisonment for Arjun Aloysius
  • He was released on 22 February 2025 after serving four months, under prison regulations.22 Feb 2025 · Newswire · Rs 3.5B VAT case: Aloysius leaves Prison after 4 months
• Arjun Aloysius / Named in / List of 50 cases tabled in Parliament, 8 October 2026Allegation
  • Says the list tabled in Parliament includes cases involving him, described as a businessman.8 Oct 2026 · Daily Mirror (Sri Lanka) · ‘Not political revenge’: Bimal tables 50 corruption, fraud and criminal cases in Parliament
• Arjun Aloysius / Named as a defendant in, 2019 / Central Bank bond transactions caseAllegation
  • The defendants listed in the case include Arjun Aloysius, owner of Perpetual Treasuries Limited. The indictment was served on 19 July 2019 and no verdict is reported.19 Jul 2019 · Ada Derana · Aloysius and 7 others served indictments; granted bail
• Arjun Aloysius / Owner of / Perpetual Treasuries Ltd
  • Ada Derana calls him the owner of Perpetual Treasuries Limited.19 Jul 2019 · Ada Derana · Aloysius and 7 others served indictments; granted bail
  • Daily FT describes the company as owned by Aloysius, the former Governor’s son-in-law.21 Apr 2018 · Daily FT · Interpol issues red notice for Arjuna Mahendran over bond sale
• Arjun Aloysius / Son-in-law of / Arjuna MahendranAllegation
  • Daily FT says the former Governor gave an undue advantage to Perpetual Treasuries Ltd, a company owned by his son-in-law Arjun Aloysius, through insider trading, as found by the Presidential Commission of Inquiry.21 Apr 2018 · Daily FT · Interpol issues red notice for Arjuna Mahendran over bond sale
• Ravi Karunanayake / Penthouse rent allegation involving the family of / Arjun AloysiusAllegation
  • The report refers to an allegation about rent paid for a penthouse apartment belonging to the Aloysius family and their Walt and Rowe company, according to the President’s statement.3 Jan 2018 · Daily Mirror (Sri Lanka) · Bond Commission recommends legal action against Ravi
• Arjun Aloysius / Owner of / Perpetual Treasuries Ltd
  • Says Perpetual Treasuries is owned by Mahendran’s son-in-law, Arjun Aloysius.27 Nov 2024 · Daily FT · Arjuna Mahendran summoned over 2015 bond scam
  • Lists him among the suspects as the owner of Perpetual Treasuries Limited.13 Oct 2021 · Ada Derana · AG wants bond scam case to proceed with two accused in absentia
• Arjuna Mahendran / Father-in-law of / Arjun Aloysius
  • Describes Arjun Aloysius as Mahendran’s son-in-law.27 Nov 2024 · Daily FT · Arjuna Mahendran summoned over 2015 bond scam
• Treasury bond case, 27 February 2015 auction / Accused in / Arjun AloysiusAllegation
  • Lists the owner of Perpetual Treasuries Limited among the ten suspects. The article carries no response from him.13 Oct 2021 · Ada Derana · AG wants bond scam case to proceed with two accused in absentia
• Treasury bond case, Supreme Court ruling, June 2026 / Named among the accused in / Arjun AloysiusAllegation
  • Daily Mirror’s list of the ten accused includes the beneficial owner of Perpetual Treasuries, Arjun Aloysius. The article carries no response from him.1 Jun 2026 · Daily Mirror (Sri Lanka) · Supreme Court revives Treasury Bond charges against Perpetual Treasuries, others