CB has given Rs. 66 bn to Perpetual Treasuries

COPE member and Sports Minister Dayasiri Jayasekara said the Central Bank had given Rs. 66 billion to the primary dealer Perpetual Treasuries between February 2015 to March 2016 and added there was a prima facie case against former Central Bank Governor Arjuna Mahendran in respect of his tenure as the governor. Minister Jayasekara also said the information before the Parliamentary oversight committee COPE reveals that the Perpetual Treasuries has obtained these loans without any security and invested them in bonds. Addressing the weekly SLFP news conference, Minister Jayasekara said however, after an inquiry conducted under the new governor on the issue, the Perpetual Treasuries have been fined for a ridiculous Rs.21 million for the improper transaction