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.
Customs have detected 228 mobile phones and tabs valued at over Rs 30 million left behind in the duty free shopping complex at the Banaranaike International Airport today, Customs officials said.
Read this week’s Sunday Times for your interesting articles including the ’’5th Column’’.
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