PTL Director arrested, remanded
Posted by ONLANKA Newsroom on March 7, 2020 - 2:13 pm
Perpetual Treasuries Limited (PTL) Director Muthuraja Surendran was arrested over the Central Bank bond scam by the Criminal Investigation Department (CID).
He was subsequently remanded by the Colombo Additional Magistrate until March 18, after he was produced before courts.
Muthuraja Surendran is the eighth suspect in the Central Bank bond auctions of March 2016.
Latest Headlines in Sri Lanka
- Prime Minister pledges stronger protection for workers on May Day May 1, 2026
- President credits workers for Sri Lanka’s economic progress May 1, 2026
- Suspended Finance Ministry officer dies by suicide amid USD 2.5 Million probe April 30, 2026
- Colombo inflation rises to 5.4% in April 2026 April 30, 2026
- Italian Ambassador, Sri Lankan Defence Secretary discuss security ties April 30, 2026
Only can give “good” mark for this bagging this rat…now to get an “outstanding” mark, let’s get the other fat-cats, including the biggest fat-cat hiding in Singapore and the UNP Yahapalanaya fat-cat who enjoyed a mysteriously given penthouse (that he enjoyed with his family until questioned how he got it, to which he answered “I don’t know”!!!) and the curse-of-our-nation ponniah-honcho UNP fat-cast who turned a blind-eye to it all!
well done for the arrest perpetual director
Bonds scam is a big mathematical question and cannot be resolved by COPE , Auditor General and PCOL and going to them is a waste of we the peoples funds. It can only be resolved by the world bank and as far as I understand their charges will be US $ one million