Prime Minister Ranil Wickremesinghe, in his address to the nation, said the government had frozen the financial assets worth Rs.12 billion of Perpetual Treasuries Ltd, and therefore the Rs.9.2 billion undue profit made by it in the bond transaction could be recovered from it.
He said the government would take steps to implement recommendations made by the Presidential Commission that investigated the controversial bond transaction of the Central Bank.
The Prime Minister said the Commission, in its report, mentioned that Perpetual Treasuries Ltd made an undue profit of Rs.9.2 billon.
However, he said the Central Bank, remaining under his purview, had frozen financial assets worth Rs. 12 billion belonging to PTL. Therefore, he said Rs.9.2 billion that was lost to the state could be recovered.
Source : Daily Mirror.
