Son-in-law’s company in bond auction again

April 22, 2017

The controversial Perpetual Treasuries that was involved in the bond scam of eh Central Bank of Sri Lanka has come forward to buy bonds once again say reports.

The company has come forward for the Rs.29,500 million treasury bills auction and has bid for Rs. 2,206,123.

Perpetual Treasuries belongs to the son-in-law of Arjun Mahendran, former Governor of Central Bank during whose term the controversial bond dealings took place.

The Central Bank states Perpetual Treasuries could bid as it had not been banned from carrying out any transactions.