The Central Bank has decided to extend the suspension of the crisis-hit Perpetual Treasuries Ltd (PTL) from carrying on the business and activities of a Primary Dealer for a period of six months with effect from July 5 in order to continue the investigations being conducted by the Central Bank, the banking regulator said on Monday in a short public statement.
The firm is a key suspect in the 2015 and 2016 Treasury bond scams in which the government lost millions of rupees.
The Committee on High Posts has approved the nomination of Former Air Force Commander Air Chief Marshal (Retd.)
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
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