PTL Directors in hot water over bond scam

(FASTNEWS|COLOMBO) – The Chairman of Perpetual Treasuries Limited (PTL) Geoffrey Aloysius, former Deputy Governor of the Central Bank P. Samarasiri, and three other Directors of the PTL have been remanded until 05 April as per the order of the Colombo Chief Magistrate’s Court.

Geoffrey, the father of PTL owner Arjun Aloysius, and four others were arrested by the Criminal Investigations Department (CID) over the issuance of treasury bonds by the Central Bank of Sri Lanka (CBSL) at their respective residences on Monday (25).