Central Bank of Sri Lanka – FRAUD IN 50 DAYS!!! THE Large Change!


The complete organization community was shocked with the blatant abuse of energy of the new Central Bank Governor Arjuna Mahendran to assist his son-in-law Arjun Aloysius, resulting in the fund losing more than 2 billion Rupees.

The story is that the Central Bank’s lately announced 30-year Bond indicative rate has jumped from 9.5% to 12.five%. Perpetual Treasuries Capital (Pvt) Ltd, owned by and CEO is Arjun Aloysius, has bought and resold the bonds and produced millions if not billions on the identical day. Looks like an insider deal.

The principal bidder,&nbspMahendran&#8217s&nbspson-in-law who bid at 12.five%, naturally had inside information and&nbspas a result gained high income, exactly where as the banks and the other economic institutions who made their bids according to the public information provided by Central Bank lost out to the business owned by his son-in-law.

Also, for the duration of the last week many 5-10 year bonds at low rates were sold by CB Governors&#8217 son-in-law Arjun&#8217s organization and reinvested in the 30 year bond, since he had inside data from the Central Bank that the rates would go up to 12.five%.

Evidence of the unbelievable Bond price: docs/most recent_news/press_ 20150227.pdf&nbsp

Just before appointing Arjuna Mahendran as Governor of Central Bank, have been not Prime Minister Ranil Wickramasinghe aware of his connection with Raj Rajratnam? The Central Bank now directly comes below Ranil Wickramasinghe’s Financial Affairs and Policy Arranging Ministry.

Present CB Governor Arjuna Mahendran is a childhood friend of Raj Rajaratnam as admitted by him.

Here is evidence:&nbsphttp://archives.dailymirror. lk/2005/07/12/ft/15.asp

Additionally, present Finance Minister Ravi Karunanayake alleged to have received US $ 3 million from Raj Rajaratnam contravening exchange manage regulations handful of years ago. The case is getting heard in Sri Lankan Courts.

Raj Rajaratnam, who was a significant financier of the terrorist outfit LTTE, was sent to U.S. Jail for insider trading in New York.

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