PTL Chairman arrested

Geoffrey Aloysius, Chairman of Perpetual Treasuries (PTL) was arrested by the Central Investigation Department (CID) today (25).

The police told The Morning today (25) that Geoffrey Aloysius was arrested under suspicion of having connections with the Central Bank treasury bond scam.

Arjun Aloysius, owner of PTL and son of Geoffrey Aloysius was previously in custody for having connections to the scam but was later released on bail.