Central Bank continues probe on Perpetual Treasuries Ltd

Business

The Central Bank (CB) is continuing the probe on Perpetual Treasuries Ltd, involved in the infamous multibillion rupee bond deal during the previous regime, the CB said on Tuesday.

It said in a statement that the Monetary Board of the CB acting in terms of the Regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance, has decided to extend the suspension of Perpetual Treasuries Ltd (PTL) from carrying on the business and activities of a Primary Dealer for a further period of six months with effect from 4.30 p.m. on 05th July 2022, in order to continue the investigations being conducted by the Central Bank.

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