{"id":48941,"date":"2016-10-14T00:28:52","date_gmt":"2016-10-14T04:28:52","guid":{"rendered":"http:\/\/dbsjeyaraj.com\/dbsj\/?p=48941"},"modified":"2016-10-14T00:28:52","modified_gmt":"2016-10-14T04:28:52","slug":"central-bank-report-leaked-by-a-whistleblowerreveals-perpetual-treasuries-ltd-has-made-mammoth-rs-10-1-billion-after-tax-profit-in-14-months","status":"publish","type":"post","link":"https:\/\/dbsjeyaraj.com\/dbsj\/?p=48941","title":{"rendered":"Central Bank Report Leaked by a “Whistleblower”Reveals Perpetual Treasuries Ltd has made Mammoth Rs.10.1 Billion After Tax Profit in 14 Months."},"content":{"rendered":"

Perpetual Treasuries Limited (PTL), the controversial primary dealer connected to the family of former Central Bank Governor, Arjuna Mahendran, has recorded a mammoth after-tax profit in excess of Rs.10 billion within a period of 14 months, according to a draft report by the Central Bank, which has been leaked to the public domain by a whistleblower within the bank.<\/strong><\/em><\/p>\n

Based on the published accounts of PTL, Daily Mirror last week reported that the primary dealer recorded an after tax profit of Rs. 5.1 billion for the financial year ended in March 31, 2016, against a Rs.960 million profit during the previous year.<\/p>\n

<\/p>\n

The revelation sent shock waves across the country\u2019s financial sector, as PTL\u2019s profit was not only extraordinarily high compared to its peers but also well above the profits of some of the mid-size commercial banks in the country.<\/p>\n

However, according to the leaked Central Bank report, for the 14 months from April 2015 to May 2016, PTL has reported an after-tax profit of as much as Rs.10.1 billion. To put things into perspective, during the same period, the cumulative profit after-tax of its peers was just Rs.544 million.<\/p>\n

Courtesy:Daily Mirror<\/em><\/p>\n

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Perpetual Treasuries Limited (PTL), the controversial primary dealer connected to the family of former Central Bank Governor, Arjuna Mahendran, has recorded a mammoth after-tax profit in excess of Rs.10 billion within a period of 14 months, according to a draft report by the Central Bank, which has been leaked to the public domain by a …<\/p>\n

Continue reading ‘Central Bank Report Leaked by a “Whistleblower”Reveals Perpetual Treasuries Ltd has made Mammoth Rs.10.1 Billion After Tax Profit in 14 Months.’ »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"_links":{"self":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts\/48941"}],"collection":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48941"}],"version-history":[{"count":1,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts\/48941\/revisions"}],"predecessor-version":[{"id":48942,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts\/48941\/revisions\/48942"}],"wp:attachment":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}