Attorney General vs. Sandresh Ravindra Karunanayake – SC/APPEAL/104/2024-2025

In the case between the Attorney General, Attorney General’s Department and Sandresh Ravindra Karunanayake, among others, the court addressed whether the Court of Appeal erred in quashing the indictment related to the 2015–2016 treasury bond scam. The central issues concerned the adequacy of evidentiary material presented for prosecution, statutory interpretations of Section 24 of the Commissions of Inquiry Act alongside the Criminal Procedure Act, and the permissible extent of judicial review over prosecutorial decisions in complex financial crime cases. It was held that the Attorney General’s discretionary authority to indict, being grounded on comprehensive evidence from multiple sources including but not limited to the Commission’s report, was exercised within legal parameters. The cou