JHU joins chorus to seize Perpetual Treasuries assets

By Chamodi Gunawardana

Jathika Hela Urumaya (JHU) joined the ranks with joint opposition and Pivithuru Hela Urumaya (PHU) in the demand to freeze profits of Perpetual Treasuries Limited. 

JHU also called on authorities to seize the company owned by former Governor Arjuna Mahendran’s son-in-law Perpetual Treasuries to prevent them from benefiting from the profits.

Speaking to media, JHU National Organiser Nishantha Sri Warnasinghe said the Government should take immediate action to investigate the profit gained by the company. The profit earned by the company is higher than any of the commercial banks, he charged. 

Warnasinghe also said the alleged the Treasury bond scam took place in January 2015 and that could be the main contributor for the abnormal profit earned by the Perpetual Treasuries. 

“There is definitely a direct impact from the scam on the profits of Perpetual Treasuries and the Central Bank has to take immediate action against that company,” he alleged. 

Criticizing the Government, Warnasinghe said that alleged bond issue was the biggest fraud to ever happen after the formation of the “Yahapalana” Government.

“That scam created a huge black mark for the Yahapalana concept which we brought forward together for a better country. Then the Government should take immediate measures to correct itself,” he said.