The Central Bank Monetary Board has decided to
extend the ban imposed on Perpetual Treasuries Limited by preventing functioning as a primary dealer of the Bank for further six months with effect from today (05).
The suspension has been extended to continue the investigations carried out by the Central Bank on the Central Bank bond scam it has been stated.
The decision was made as per the terms of regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance.
The owner of the Perpetual Treasuries Limited Arjun Aloysius who is also the son of former Central Bank governor Arjun Mahendran has been named as the main accused of the Bond scam
The suspension has been extended to continue the investigations carried out by the Central Bank on the Central Bank bond scam it has been stated.
The decision was made as per the terms of regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance.
The owner of the Perpetual Treasuries Limited Arjun Aloysius who is also the son of former Central Bank governor Arjun Mahendran has been named as the main accused of the Bond scam
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