Thursday, 24 April 2025
Probe into mega deal at treasury

Probe into mega deal at treasury Featured

The government has decided to conduct an investigation into the alleged massive irregularities in the issuance of treasury bonds, and the incumbent governor of the Central Bank will fully support such an inquiry, reports say.

Our website has revealed that the CB had announced an auction of bonds worth Rs. 1,000 million, but later had raised it to Rs. 10 billion, and also ordered a higher than the market interest.

This change has allegedly had taken place due to the involvement of Perpetual Treasuries Capital (Pvt.) Ltd. owned by Arjun Aloycius, the son-in-law of the CB governor.

The government has decided to investigate following pressure from political parties, civil society organizations and professionals.

CB governor Arjuna Mahendran has told the media that the government would hold an impartial investigation, adding that he is not involved in that.

When contacted for a comment, superintendent of state debt of the CB Deepa Seneviratne said she has no permission to speak to the media.

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