By Shehan Chamika Silva
Out of the total net inflow (Rs. 11 billion) of Perpetual Treasuries Ltd during 2015 -2016 in bond disposals, Rs. 8.5 billion came through from the transactions with Government institutions.
During yesterday’s Proceedings, Deputy Solicitor General Milinda Gunatilleke led another witness, Suresh Sedara, who is an Assistant Director of CBSL, through a document prepared by the witness, which is relating to the calculation made by him regarding PTL’s net inflow during the time period of February 2015 to March 2016.
This computation was based on the documents provided by PTL itself to the Commission.
There were seven ISINs (International Securities Identification Number) that had been investigated relating to PTL’s disposal of bonds.
DSG Gunatilleke submitting relevant documents moved that out of the PTL’s total inflows from the counter parties in relation to these bonds, PTL gained net inflows largely through Government institutions.
Total net inflow of PTL- Rs. 11,148,221,479.99 (Rs. 11 billion)
< Through Government institution (EPF, ETF SLIC, NSB, Mahapola and UGC Provident Fund)- Rs. 8.5 billion
< Through other counter parties- Rs. 2.6 billion
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