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Geoffrey Aloysius

PTL Chairman Geoffrey Aloysius arrested over bond scam

Chairman of Perpetual Treasuries Limited (PTL) Geoffrey Aloysius had been arrested by the CID in connection with the Central Bank Bond Scam. A source said the CID arrested Geoffrey Aloysius, who is the father of Arjun Aloysius this morning at his residence. Earlier this morning, the CID also arrested former Deputy Governor of the Central …

Bond Commission

CBSL says Forensic Audits underway on ‘Controversial Bond Issues’ in 2015 and 2016

The Central Bank wishes to inform the public that several measures have been initiated and some have already been implemented, to strengthen transparency and accountability in several areas of operations of the Central Bank in line with the recommendations of the COI. In relation to the legal framework within which the Central Bank operates, measures …

Nalinda Jayatissa

No JVPer linked to PTL – Nalinda

The JVP today urged the President, to expedite investigations against persons implicated in the report compiled by the Presidential Commission on the controversial Bond issuance. Speaking during a media briefing in Colombo, JVP Parliamentarian Nalinda Jayatissa said the investigation pertaining to the controversial Central Bank Bond issuance has been stalled at present. He said despite …

Arjun Mahendran, Arjun Aloysius and Kasun Palisena

CID names Arjun Mahendran, Arjun Aloysius and Kasun Palisena as “suspects”

The Criminal Investigations Department filed its first B-report in court over the Central Bank bond issue today, February 2. The CID, presenting facts before the Colombo Fort magistrate, named Arjun Mahendran, Arjun Aloysius, and Kasun Palisena as suspects. The Fort magistrate issued an order compelling Former CBSL Governor Arjuna Mahendran to arrive in the country …

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