Perpetual Treasuries CEO Kasun Palisena's evidence before the Presidential Commission, tomorrow, will open up a fresh can of worms, sources close to the Bond Commission said. 

Palisena, before becoming the CEO of the company, was the Chief Dealer of Arjuna Aloysius. 

It is common knowledge that he was strongly involved in the questionable bond transaction in February, 2015. He has functioned as the CEO of the company, the main operational person in the organisation, for nearly two years. 

Palisena, a trusted ally of controversial businessman Arjuna Aloysius, joined Perpetual Treasuries, in 2013. 

President's Counsel Kalinga Indratissa will represent Palisena in the inquiry.

The Perpetual Treasuries CEO handed over all his communication devices to the Criminal Investigations Department (CID) team handling the investigation on behalf of the Attorney General's Department.