Former Finance Minister and current Foreign Affairs Minister Ravi Karunanayake appeared before the Presidential Commission of Inquiry (PCoI) to investigate the Treasury bond issue this morning.
Karunanayake was summoned before the PCoI to make a statement on the lease of a fifth-floor super luxury condominium apartment at the Monarch residencies, that was allegedly paid for by Arjun Aloysius.
Aloysius, the former CEO of Perpetual Treasuries, is under investigation for unprecedented gains made by the Perpetual Treasuries while his father-in-law Arjuna Mahendran was at the helm of the Central Bank.
Former Central Bank Governor Arjuna Mahendran who is being investigated by the PCoI for his hand in the matter also arrived before the Commission this morning.
