Sri Lanka, July 5 -- The Central Bank of Sri Lanka (CBSL) has extended the suspension of Perpetual Treasuries Limited (PTL) from operating as a Primary Dealer for an additional six months, effective from 4.30 p.m. on July 5, 2025.
In a statement issued today, the CBSL said the decision was taken in terms of the regulations under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance.
The extension is intended to allow for the continuation of investigations being conducted by the Central Bank into the activities of PTL.
PTL was initially suspended in 2017 over its alleged involvement in the controversial bond issue scandal.
Since then, the suspension has been periodically extended as inquiries and legal ...
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