25 September, 2020

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Seal Perpetual Treasuries: JO Tells Govt.

The Joint Opposition has called on the government to take steps to seal the highly controversial Perpetual Treasuries Limited, after it recorded an unlawful profit of over Rs. 5 billion this year.

Arjuna Mahendran

Arjuna Mahendran

The call comes amidst an assurance by the Government that investigations are ongoing as to how the company, with links to Arjun Aloysius, the son in law of ex-Governor of Central Bank Arjuna Mahendran recorded such an exorbitant profit.

Joint Opposition leader MP Dinesh Gunawardena has said that the excessive profit can be charged under the Prevention of the Money Laundering Act. “The manner in which they earned such a massive profit is very suspicious, and therefore the government must take steps to immediately seal this company,” Gunawardena said.

Perpetual Treasuries Limited, recorded a profit of Rs. 5.1 billion for the year ending March 2016, which was an increase of 430% in profits in comparison to the previous year.

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Latest comments

  • 3
    2

    Pot calling kettle is black.

    JO redi andagenada kathakoranne… JO is naked tryping to paint the picture in favour of them.

    We want JO and former CBN issues be investigated impartial.

  • 2
    0

    Perpetual Treasuries:

    Perpetually maintained by tax paying suckers of Sri Lanka,
    Remember it every time when you pay the bill in Nawaloka with Tax.
    So long Yahapalana suckers who ask feathers from tortoise!
    It is Yahapalana for them, not you!

  • 4
    0

    The CB-Bond scandle is national issues has be address by Ranil W… of UNP government.
    Which that invloved of Central Bank Bonds by misusing govt. funds to earn billions of ruppes of profits to ex- Central Bank Governer son-in -law ‘s company.

    Ranil W.. has given orders to Bank of Ceylon to release billions of ruppes to Perputual Tradres Com. to buy CB Bonds.
    That was political crimed used his position as Primer of Republic of Sri lanka by Ranil W….!
    Primer and Celtral Bank of ex-CB governer that must charge of Finincail crimes by CID-Police or Dept. of Attonery General against Rani.W,, and CB governor.

    Both of ex-CB governor and Primer should call over the court of Law.
    Nothing happen untill now. Why theses two persons are above the law of land?
    Political corrupation by finincial crimed committed by these two are living above law?
    This is how country run by “Rule of Law” and “Good Governaces”?
    UNP politician are above the Law.

    Is this “Good goverances” which Under the leadership of UNP Ranil W….@@@@@@@

    This what they promised to voters in 2015 January 9 and 2015 August 17 by Ruling regime of UNP alliances?

    Why is that JVP silent on this Bond scandle?

    Hope JVP share with Bond Fund?

  • 2
    0

    JVP got their share. Two Suit cases full…………..

    The mystery lay in how the required monies were raised by the Perpetual from BoC in 15 minutes without the BoC Board approval?

    Under whose watch are the banks? In this instant the BoC?

    Why is Indrajith Coomaraswamy chasing after the Whistleblower instead of looking into the exposure in the leaked document which was never in dispute……….. Is Indrajith too led by his horns?

  • 0
    0

    good idea.They should seal it immediately.

  • 2
    0

    Arjun Mahendran should give this money to President Maithree so that he can deposit it in Central Bank. But Im not sure an individual can open a savings account in CB. And also Rs. 5.1 bn is so heavy to count in cashier.

  • 0
    0

    the whistleblower related CB documents show 10 billion profit,not the 5 billion shown in the accounts.all the more reason to seal it and get the CID into the place.No point in the FCID.That is only for going after mahinda loyalists not ranil’s royalists.

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