PTL paid Mahendran Rs.3.2mn: AG

Published : 9:14 am  June 8, 2018 | No comments so far |  | 

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zzzgBy Yoshitha Perera   

Perpetual Treasuries Limited (PTL) has paid Central Bank’s former governor Arjuna Mahendran Rs.3.2 million in three separate cheques in 2016, the Attorney General informed the Colombo Chief Magistrate’s Court yesterday. 

 

  • The AG told court that Mr. Mahendran might have used the cheques to settle the balance outstanding on his unlimited credit card
  • The first cheque of Rs.1.6 million had been received on January 16, the second cheque of Rs.1.7 million on April 18 and the third cheque of Rs.1.75 million on May 27, 2016.

 

Additional Solicitor General (ASG) Yasantha Kodagoda appearing for the AG told court that Mr. Mahendran might have used the cheques to settle the balance outstanding on his unlimited credit card.   


He said Mr. Mahendran’s secretary Amila Dahanayake had revealed information on the three cheques.    The first cheque of Rs.1.6 million had been received on January 16, the second cheque of Rs.1.7 million on April 18 and the third cheque of Rs.1.75 million on May 27, 2016.    ASG Kodagoda told Magistrate Lanka Jayaratne that Ms. Dahanayake had instructed another Central Bank employee working under her to cash the cheques.    Meanwhile, the ASG said though a red notice had been issued on Mr. Mahendran through Interpol, he cannot be arrested and sent to Sri Lanka according to Singaporean laws. The ASG said the Sri Lankan Government was taking action to clear these hurdles and extradite Mr. Mahendran.     

 

He cannot be arrested and sent to Sri Lanka according to Singaporean laws 

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