PTL Director arrested, remanded

Court decision

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.

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