(Perpetual Treasuries owner Arjun Aloysius; image from Sri Lanka Morror)
Deputy Governor of Sri Lanka Central Bank Dr. W.A. Wijewardene says that the profit earned by the Perpetual Treasuries was not 5200 million but 10,000 million. He has said this in an interview with Mr. Faraz Aly on the News First channel.
Dr. W.A. Wijewardene is a renowned financial analyst.
He says that the Monetary Board should immediately take action to save the country from this situation and added the interest rates had risen to 5% due to the menace.
In the interview he implies that Arjun Mahendran, then governor of the Central Bank willfully manipulated interest rates to get advantage for his son-in-law’s company Perpetual Treasuries.
Arjun Mahendran was appointed as the Central Bank governor by the Prime Mister Wickremesinghe and the president Sirisena refused to give him a extension.
He poses the question that how a company with very small resources could earn such a massive sum of money within a short period of 15 months.
( By SLB with the inputs form Lanka Truth)
listen to the interview in below video.