Lankapage Logo CP 19 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Prime Minister instructed AG for legal action against Perpetual Treasuries over a year ago, UNP Ministers point out
Mon, Feb 5, 2018, 10:39 am SL Time, ColomboPage News Desk, Sri Lanka.

Feb 05, Colombo: The accounts of the Perpetual Treasuries Limited which is involved in the Central Bank Bond scam, were suspended under the orders from the Prime Minister Ranil Wickremesinghe a year ago but the authorities did not take any measures to arrest its director Arjun Aloysius until now, Deputy General Secretary of the United National Party (UNP) Minister Akila Viraj Kariyawasam says.

Minister Kariyawasam, pointing out that the background necessary for the arrest of director Arjun Aloysius had been prepared for over a year, questioned whether the arrest of the PTL director yesterday was timed for the local government elections.

The CID on Sunday arrested the Director of Perpetual Treasuries Arjun Aloysius and its CEO Kasun Palisena for questioning on their alleged involvement in the bond scam.

Expressing his views on the arrest Deputy Minister of National Policies and Economic Affairs, Dr. Harsha De Silva today said if the arrests were made when the Prime Minister first sent the report on the bond scam to the Attorney General in 2016, the case would have ended and the culprits will be in jail by now.

"Asa government we are very pleased that it happened even with the delay. We believe that they should receive the maximum punishment after they are convicted. We hope others who were involved in this scam will also be brought to justice the same way," the Deputy Minister said.

The Prime Minister on 31 October 2016 handed over the COPE report recommending special investigations into Perpetual Treasuries to the Attorney General to take appropriate legal action.

The Deputy Minister also called on the Attorney General to immediately arrest those implicated in the 34 reports of the Presidential Commission of Inquiry to investigate and inquire into Serious Acts of Fraud, and Corruption (PRECIFAC).

 

ColomboPage - Recent 10 Stories ::
Sri Lanka Navy assists to arrest 41 persons engaged in illegal fishing
-- [1 minutes ago]
Sri Lanka's Johann Peiris successfully summits Mount Everest
-- [20 minutes ago]
President instructs to recommence Agriculture activities in Mahaweli zones as reservoirs swell with rains
-- [47 minutes ago]
Suspect arrested in stabbing death of a Sri Lankan national in London
-- [9 hours ago]
Minister orders to remove unauthorized structures blocking flood water drainage in Colombo, suburbs
Heavy rains in central highlands, sluice gates of reservoirs opened
Sri Lanka President seeks cooperation of all stakeholders to make Gramashakthi poverty alleviation program a reality
Inaugural Great Manager Awards recognizes Sri Lanka's high performance leaders
Prime Minister instructs officials to prepare for emergency flood relief
Sri Lanka nationwide inflation declines to 1.6 percent in April 2018, lowest in two years

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.