CB bond scam Former CB Deputy Governor, PTL Chairman, 3 directors behind bars
- Mr. Samarasiri and PTL directors arrested at their residences while Geoffrey Aloysius arrested in Colpetty
By Darshana Sanjeewa -26 March 2019 
The CID yesterday arrested former Deputy Governor of the Central Bank P. Samarasiri, Perpetual Treasuries Limited (PTL) Chairman Geoffrey Aloysius and three of its directors in connection with the Central Bank bond scam that took place in 2015, Police Spokesman Ruwan Gunasekera said.
He said Mr. Samarasiri and PTL directors Pushpamitra Gunawardena, Chitta Ranjan Hulugalle and M. Surendran were arrested at their residences last morning while Geoffrey Aloysius, the father of Arjun Aloysius, was arrested in Colpetty a few hours later.
They were arrested on the instructions of the Attorney General (AG). SP Gunasekera said they were arrested as part of the ongoing investigations on the bond issue.
On February 4, 2018, the CID arrested PTL owner Arjun Aloysius and its CEO Kasun Palisena. Mr. Aloysius is the son-in-law of Arjuna Mahendran who was the Central Bank Governor at the time of the auction in question. However, Arjun Aloysius and Kasun Palisena were released on bail earlier this year by Colombo Chief Magistrate Lanka Jayaratne after being in remand custody for more than eleven months.
Earlier, the police said a notice had been issued through the Interpol against former Central Bank Governor Arjuna Mahendran in connection with the investigations being carried out by the CID on the Central Bank bond scam prior to the arrest warrant issued by the Colombo Fort Magistrate’s Court.
Mr. Mahendran has been charged with criminal breach of trust for allegedly providing confidential information of the Central Bank to PTL, a primary dealer connected to Mr. Aloysius.
- On February 4 last year, the CID arrested PTL owner Arjun Aloysius and its CEO Kasun Palisena
- Arrested on instructions of AG as they were part of ongoing investigations on bond issue
- Mr. Mahendran charged with criminal breach of trust for allegedly providing confidential information of CB to PTL
