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Perpetual Treasuries Limited

CBSL Decides to extend suspension of PTL

Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer for a period of six months with effect from 4.30 p.m. on 05th July 2019, in order to continue the investigations being conducted by the Central Bank of Sri Lanka. The Monetary Board of the Central Bank of Sri Lanka, …

Central Bank of Sri Lanka

Perpetual Treasuries suspension extended by CBSL

The Central Bank of Sri Lanka has decided to extend the suspension of Perpetual Treasuries Limited from carrying on the business and activities of a Primary Dealer for a period of six months. The Monetary Board, acting in terms of the regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills …

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 …

Arjun Aloysius and Kasun Palisena

Bail applications of Palisena and Aloysius rejected

The revision petitions filed on behalf of the owner of Perpetual Treasuries Limited Arjun Aloysius and CEO Kasun Palisena have been rejected by the Appeal Court. The order was given by the judge bench of Preethi Padman Surasena and Shiran Gunaratne when the applications were taken up for review today (11). The judge said that …

Arjun Aloysius - Kasun Palisena - 04

Aloysius & Palisena Remanded

Perpetual Treasuries owner Arjun Aloysius and its CEO Kasun Palisena have been further remanded till 9th of August. The suspects who are accused of Central Bank bond scam were produced before Colombo Fort Magistrate today (Aug 02). Meanwhile, PTL’s former Chief Dealer Nuwan Salgado and IT officer Sachitra Devathanthri have been arrested and granted bail. …

Arjun Aloysius

Revelations on money laundering by subsidiary of PTL

Startling revelations were made when the case pertaining to the Central Bank Treasury Bond Scam was taken up at the Fort Magistrates Court on Thursday (July 5th). The beneficial owner of Perpetual Treasuries Limited Arjun Aloysius and its CEO Kasun Palisena were produced before Fort Magistrate Lanka Jayaratne and were further remanded until the 19th …

Keerthi Tennakoon

Another loss through the bond scam

Convening a media briefing today (June 20), the Executive Director of Center for Human Rights and Research in Sri Lanka Keerthi Tennakoon spoke about yet another alleged fraud that has been committed in conjunction with the infamous bond scam. Tennakoon said a value close to Rs. 880 million or more, belonging to the UGC Provident …

Dayasiri jayasekara

Dayasiri Jayasekara arrives at CID

Parliamentarian Dayasiri Jayasekara arrived at the Criminal Investigations Department today (June 11th) to record a statement. Our correspondent said a statement is being recorded from the MP for allegedly accepting a sum of 1 million rupees from Perpetual Treasuries Ltd. Srl Lanka News Times – Truth First like us on Facebook Page and joine to …

Sujeewa Senasinghe

Sujeewa Senasinghe ambiguous when questioned about accepting money

State Minister Sujeewa Senasinghe who returned to the island from an overseas was questioned by journalists at the Bandaranaike International Airport on whether he accepted money from Arjun Aloysius or Perpetual Treasuries. The State minister while accepting that investigators had called on his coordinating secretary described the investigation as a joke. He explained that there …

Kabir Hashim

I can afford to give money to PTL if needed – Kabir Hashim

UNP Chairman Minister Kabir Hashim says that he is able to give money to even Perpetual Treasuries Limited (PTL) if needed. Responding to the recent allegations that he had obtained funds from PTL, the minister points out that, he has never received money from others for election campaigns. Meanwhile, MP Dilum Amunugama says that the …

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