Arjun Aloysius ordered to handover phone, laptops

Arjun Aloysius, who is linked to Perpetual Treasuries Limited (PTL), has been ordered to handover his mobile phones and laptops used between 2015 and 2016.

The order was given by the Presidential Commission investigating the alleged Central Bank bond scam.

Perpetual Treasuries Limited has been accused of receiving undue advantage as a primary dealer from the Central Bank when Arjuna Mahendran was the Governor of the bank.

Recently the Monetary Board of the Central Bank of Sri Lanka acting in terms of the Regulations made under the Registered Stocks and Securities Ordinance and the Local Treasury Bills Ordinance, had decided to suspend Perpetual Treasuries Limited (PTL), son-in-law of former Central Bank Governor, Arjuna Mahendran, 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 06th July 2017. (Colombo Gazette)