Perpetual Treasuries Ltd Chairman Jeffrey Joseph Aloysius Arrested at his Residence at 10.55 am by CID Despite Family Members Allegedly Telling Police he was not at home

By Hemantha Randunu

A former Deputy Governor of the Central Bank and the Chairman and three Directors of the Perpetual Treasuries (Pvt.) Ltd. (PTL) were arrested by the CID, yesterday, in connection with the Central Bank bond scams.

They are former Deputy of the Central Bank Pattinige Samarasiri, PTL Chairman Jeffrey Joseph Aloysius and PTL Directors Mutturaj Surendran, Chithraranjan Hulugalle and Pushpamithra Gunawardena.

Four CID teams were deployed to arrest the suspects.

Produced before the Colombo Fort Magistrate Lanka Jayaratne, the suspects were remanded till 05 April pending investigations

Aloysius was taken into custody around 10.55 a.m. and the others were nabbed between 6.00 am and 7.00 am

The suspects have been charged with leaking confidential information about the bond auctions to outsiders, conspiracy, aiding and abetting a financial fraud, according to CID sources.

The CID obtained statements from the PTL Directors on earlier occasions as well.

An investigator said that the CID had launched an operation to arrest the five suspects simultaneously on March 23, but in vain as the latter had gone into hiding.

Samarasiri was arrested at his home in Pannipitiya while Aloysius was taken into custody at his residence at Queen’s road, Colombo 03.

When the CID officers visited Aloysius’s residence, his family members claimed that he was not at home. But the police found him inside the house.

Surendran was taken into custody from a house in Mutwal, around 6.15 a.m. and Gunawardena at his residence at Kalubowila.

The other suspect Chithraranjan Hulugalle, who had just been appointed the Finance Director of Lake Associated Newspapers of Ceylon was arrested in Colombo 2 while he was taking his child to school.

Samarasiri worked as the Deputy Governor of the Central Bank in 2015 when the bond scams took place. He also functioned as the Chairman of the Tender Board of the Treasury Bonds.

Samarasiri has been charged with leaking confidential information to Perpetual Treasuries, conspiring financial fraud and aiding and abetting and others.

Courtesy:The Island