Perpetual Treasuries CEO Kasun Palisena says he doesn’t know what happened Rs. 712 million profits earned by Perpetual Treasuries in 2014 and 2015. He said this yesterday (16th) testifying before the Presidential Commission to investigate the bond scam.
Supreme Court Judge Prasanna Jayawardena said Palisena would be held responsible and ordered him to make the information regarding the money to the Commission.
The information regarding the recording system of the bond room of Perpetual Treasuries the witness had been asked to submit had not been provided and the judge said it would be verified with the company that supplied the service and warned the witness that providing false information could lead to a jail sentence.
When lawyers representing Perpetual Treasuries asked more time to provide information regarding W.M. Mendis Ltd, one of the subsidiaries of Perpetual Treasuries, the Commission rejected the request and warned that the details should be provided during the course of the day.
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