Perpetual Treasuries Limited (PTL) Chairman Geoffrey Aloysius, former Central Bank Deputy Governor P. Samarasiri and three PTL Directors were granted bail by the Colombo Chief Magistrate’s Court today. 

The five men were arrested on March 25 for their involvement in the Central Bank scam of 2015. 

Perpetual Treasuries made unprecedented gains while former owner Arjun Aloysius’s father-in-law Arjuna Mahendran was at the helm of the Central Bank. 

Aloysius, who was arrested on February 5, 2018, together with CEO Kasun Palisena, was released on bail on January 1, 2019.