Aloysius passed on sensitive bond information: report

Sept 06, 2017 (LBO) – Recordings of conversations between Arjun Aloysius and CEO of Perpetual Treasuries Kasun Palisena show that Aloysius had passed on sensitive information with regard to bond auctions, media reports said.

Voice recordings which were originally deleted by Perpetual Treasuries Chief Dealer Nuwan Salgado were played before the Bond Commission Wednesday.

The recordings show that Aloysius received confidential information which he in turn passed on to Palisena with instructions on how to bid, Ada Derana reported.

News First reported that Aloysius was aware of the rates and volume the Employees Provident Fund and National Savings Bank would bid at an auction.

Another conversation between Aloysius and Palisena, on the morning of the 29/3/16 auction, reveals that Aloysius was aware of a meeting between all state banks where the state banks had been instructed to bid at low rates in an auction.

The Bond Commission issued notice to Aloysius to appear before the commission Wednesday to record a statement, however he had failed to appear. Criminal Investigation Department officials said they visited the residence of Aloysius but he was not present.

Witness Salgado said they had attempted to delete more than 100 phone conversations and crash the operating system of the original computer that logged the calls.

He informed the commission that he fears for the security of his family. After a request made by the AG’s Department, the commission instructed that he be given extra security.