Investigations reveal shady dealings involving PTL

Colombo (News First) - Investigations have revealed that Perpetual Treasuries Limited carried out 46,000 transactions between 2015 and 2017. The Criminal Investigations Department has revealed that on certain occasions, cheques drawn for these transactions were cashed by individuals who were not named on the cheque. It has also been revealed that in certain instances only initials had been used in these transactions. The CID noted that this information had come to light during the course of an investigation based on a complaint lodged by the Governor of the Central Bank in 2016. Meanwhile, Parliament has called on the Secretary to the President to release all annexes of the report of the Presidential Commission of Inquiry on Bond Issuances, to parliament. Secretary-General of Parliament, Dhammika Dassanayake noted that a letter had been addressed to Secretary to President Austin Fernando, last week. He added that once the annexes are submitted, Speaker Karu Jayasuriya would decide on a future course of action. News 1st made inquiries regarding this matter from the Secretary to President Austin Fernando. He said that a response would be submitted to the Parliament tomorrow. Fernando added that all future steps regarding the bond report and its appendices would be taken in consultation with the Attorney General.