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* Presidential Commission into bond scam: Perpetual Treasuries Director received sensitive inside information
Wed, Sep 6, 2017, 09:13 pm SL Time, ColomboPage News Desk, Sri Lanka.

Sept 06, Colombo: Former Perpetual Treasuries Limited (PTL) Director Arjun Aloysius had received sensitive inside information related to the Central Bank Treasury bond auction, 'deleted' phone conversations recovered by the Criminal Investigations Department (CID) revealed today at the Presidential Commission of Inquiry Into the Treasury Bonds issue.

The original telephone conversations deleted from the communications system of the company have revealed that Arjun Aloysius had inside, confidential and price sensitive information from a 'friend from powerful places' ahead of February 27, 2015 Treasury bond deal.

These facts have been revealed through telephone conversations that have occurred between Arjun Aloysius and the PTL Chief Executive Officer Kasun Palisena.

The telephone tapes that had been removed from their database were submitted to the Commission by PTL Chief Dealer Nuwan Salgado. He also appeared before the Commission to give his evidence today.

The telephone conversations revealed that Aloysius, the son-in-Iaw of former Central Bank Governor Arjuna Mahendran Arjuna Aloysius received confidential and sensitive information from his "friends in powerful places" about the bids from institutions such as the Employees Provident Fund and the National Savings Bank on the auction and had given that information to its CEO Kasun Palisena.

It was also revealed that Aloysius has received a record of the inquiry conducted by the then COPE committee before the dissolution of parliament in 2015 on the bond issue through a son of former MP Rosie Senanayake, a member of the COPE committee.

Meanwhile, the Presidential Commission has issued a notice to Arjun Aloysius to appear before the Commission to give a statement. However, officials informed that when inquired Aloysius was not in his office or home.

Accordingly, the Presidential Commission ordered the lawyers representing Arjun Aloysius to present him before the Commission to make a statement.

 

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