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Central Bank extends suspension of PTL

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4 January 2019 05:36 pm - 5     - {{hitsCtrl.values.hits}}

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The suspension imposed on the Perpetual Treasuries Limited (PTL) from functioning as a Primary Dealer would be extended for a period of six months with effect from Saturday, the Central Bank today said.

In a statement, it said the Monetary Board extended the suspension of the PTL for a period of six months with effect from 4.30 p.m. on Saturday, in order to continue the investigations being conducted by the Central Bank.

 


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  Comments - 5

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  • GH Friday, 04 January 2019 06:48 PM

    Non will result positive, unless arrest those involved such as; Ranil Wickremasinghe, Ravi Karunanayake, Arjuna Mahendran and other UNP accomplices.

    Palugaswewa Friday, 04 January 2019 06:49 PM

    Yes, the suspension is extended for the time being until Ranil gives the order to drop that because Aloysius is back in business.

    Til Friday, 04 January 2019 07:59 PM

    its surprising, this is fraud had done with politicians and it involving billions of rupees of government money, but nobody not sued ,not even arrested, but if its just commoner has done , even for 100/= rupees, send to jail for 8 ,10 years, justice of banana republic

    Will Monday, 07 January 2019 09:14 AM

    I will take this opportunity to remind governor of the central bank that,you were promised unfortunate depositors of ETI that,its possible to bring back ETI to the track, therefore be patience for some time, but during that time, directors of ETI,siphoned out most of the assets of two companies and sold out the remnant to foreign company ,which is not ready to responsible toward to depositors,its your duty , Mr. governor, to keep your word and liquidate these two companies and distribute among depositors- and I warn here that, there is a possibility of distraught someone may be do self immolation in front of the central bank, if you not take immediate action against rouge directors and return money of desperate depositors

    jak Monday, 07 January 2019 12:09 PM

    that won't be a problem,take it easy,and forget about it, that is the attitude of prime ministers and even president's attitude towards this damn bond issue


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