District Judge Aravinda Perera and his brother accused of running bad debt
Saturday, 08 September 2012
Additional District Judge for Colombo Aravinda Perera has been listed as a bad creditor in the CRIB for failing to make payments on loans and credit cards taken by him from several banks and financial institutions.
It is learnt that he has to pay close to Rs. 20 million to banks and financial institutions for loans and other debt acquired by him. He had taken a Rs. 5 million personal loan from the Bank of Ceylon and had avoided making payment for over 1,000 days. Therefore, he now has to pay Rs. 9.6 million.
He had taken another Rs. 1 million loan from the Bank of Ceylon (Kurunegala branch) and had failed to make the re-payment of Rs. 630,000 for 645 days. He had also taken a Rs. 2.1 million from the People’s Bank and had failed to pay Rs. 1.9 million in 632 days.
He has to pay Rs. 1.3 million for a loan of Rs. 1.8 million taken from the NDB Bank in Chilaw. He had to make another payment of Rs. 4.7 million to the Bank of Ceylon for failing to repay a loan of Rs. 3.5 million.
He also has to pay Rs. 273,000 for a Commercial Bank credit card, which has not made in 270 days. His credit limit on the card is Rs. 200,000.
Several banks and financial institutions are now looking at filing legal action against him to recover the monies or to write them off.
Meanwhile, his brother, who served for a while as a state advocate, Pinsith Perera has taken Rs. 200 million by giving a forged deed for a land in Pasikudah to one of the leading members in the stock market mafia and head of the Triad Company, Dilith Jayaweera.
Pinsith Perera has taken the Rs. 200 million by serving as the lawyer and notary public in the transaction and has avoided repaying the monies to Jayaweera after the land was acquired by the state.
Jayaweera is now using his political powers to get his money back from Pinsith.
District Judge Aravinda Perera and advocate Pinsith Perera are the sons of the late Siri Perera, who was a well known lawyer and a member of the Kalutara Bar Association.
The senior lawyer from the Kalutara Bar Association who gave us the information said that Aravinda Perera is facing this situation since he tried to engage in business without limiting his work to the judiciary. However, he added that although he had run bad debt, he still respected Aravinda Perera since he had not misused his legal profession to earn money.