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Message: <blockquote data-quote="netlife007" data-source="post: 18095847" data-attributes="member: 79514">Either Way the Central bank scam has generated over 500 million in commissions !! to his family or his colleagues..Read the stunning finding of the laska investigative team on srilankan news that has rocked the Yahapalanaya Regime ....1. The Players - Arjun Mahendran (central Bank Governor), Arjun Aloysius (son-in-law & director of Perpetual Treasuries), Mrs. Shiromi N Wickramasinghe (sister of former governor Nivad Cabraal & director of Perpetual Treasuries), Bank Of Ceylon2. The Game - Central Bank issues Bond for 1 billion at 9% interest which was subsequently increased to 10 Billion at 12.5% interest rate of which 5 billion were giver to Mr. Mahendran’s Son-in-laws company!He then re-sells the bonds to affiliated companies like insurance co-operations/ multinaionals etc at a lower interest rate, in this case around 9.5% (slightly above the original rate)thereby making a quick big buck of around 3% of the interest payable upfront by the institutions for his services!3.The Excuses -Arjunas Excuse : he says he Was informed that there were bids for over 20 billion so he informed the bank to increase the value from 1 billion to 10 billion ! the catch is ..a) why did he increase the interest rate as well when the issue was oversubscribed ?b) why were all primary dealers not  informed of thisArjun Aloysius Excuse  :  conveniently resigns from the Perpetual Treasuries board with a back dated resignation letter and sells the company to his friend Ishara Nanayakkara for 650 million rupees 4 days after the deal!!</blockquote>

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