Allegations arise that “Perpetual Treasuries emptied the Central Bank” – Joint Opposition reveals more

Allegations arise that “Perpetual Treasuries emptied the Central Bank” – Joint Opposition reveals more

Allegations arise that “Perpetual Treasuries emptied the Central Bank” – Joint Opposition reveals more

Written by Tharushan Fernando

08 Nov, 2016 | 8:02 pm

Convening a media briefing, the joint opposition revealed more details about the controversial treasury bond scam.

“Perpetual Treasuries Ltd. emptied the Central Bank”, charged former minister Prof. G.L. Peiris who pointed out that the large sum of money that was earned is now being used to solidify power in strategic economic positions.

He  added that nearly two billion has been invested in the National Development Bank, while a large sum of money has already been transferred to Singapore and ‘they’ are also in n the process of purchasing lands in Colombo.

He further added that in order to avoid a situation where the government cannot recover the money,  immediate action must be taken

He recommended that the Bank accounts of the Perpetual Treasuries Ltd. should be frozen immediately or at least their license should be cancelled temporarily.

He went on to note that this is something any country would do – and if this happened in some other country, the Prime Minister would resign, even on a temporary basis. and the current situation in the country. And all the facts in connection to this must be reported to the Monetary Authority of Singapore, he said.

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