He was suspended over having defaulted bank loans amounting to Rs. 19 million from state and other banks, and threatening judicial officers.
The list containing this and other recommendations has been submitted, following approval by the attorney general, by the JSC to the president, reports say.
Perera was suspended in 2012, and he has admitted to having borrowed Rs. 16 million, not Rs. 19 million as claimed.
However, a report by the Credit Information Bureau has calculated his borrowings as Rs. 19 million.