Colombo, Sri Lanka – The Colombo Chief Magistrate’s Court has ordered an official report on accounts maintained at the Central Bank of Sri Lanka (CBSL) by Perpetual Treasuries Limited (PTL), which is accused of causing massive financial losses to the government in the 2015 bond scam.
Chief Magistrate Tanuja Lakmali issued the order today (March 7) after considering a request made by the Financial Crimes Investigation Division (FCID) of the Criminal Investigation Department (CID).
The court order follows a motion filed by police regarding the alleged loss of over Rs. 688 million in the February 27, 2015, CBSL bond issue. FCID officials informed the court that a detailed financial report on PTL’s accounts at CBSL is necessary for the ongoing investigation.
In response, the Chief Magistrate directed the submission of the report and requested an update on the progress of the investigation.
The FCID further revealed that nine individuals, including former CBSL Governor Arjuna Mahendran, are currently under investigation for their alleged involvement in the bond scam.
