Settling the loan of Rs.11.06 billion obtained by Perpetual Treasuries Lt. from the Central Bank of Sri Lanka (CBSL) and the EPF on interest calculated on a daily basis has not been within the stipulated period states the Additional Director of Information Technology of the CBSL Wasantha Kumara de Alwis. He revealed this yesterday (4th) giving evidence before The Presidential Commission investigating the Central Bank Bond issue.
Mr. Alwis giving evidence lead by Solicitor General Milinda Gunatileke said the company had not settled at the due time another loan of Rs. 360 million obtained earlier. He said when compared with this the loss due to the non settlement of the Rs. 11.06 billion loan at the due time would be very high.
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