The suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer has been extended for a further period of six months.
The Central Bank of Sri Lanka (CBSL) said the suspension will be in effect from 4.30 p.m. today, in order to continue the investigations being conducted by the bank into the Central Bank bond scam.
The suspension has been extended by the CBSL’s Monetary Board, acting in terms of the regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance. (NewsWire)