The questionable bond deal of the Central Bank in 2015 has caused losses to the country according to the report on the scam handed over to the President Maithripala Sirisena yesterday.
Reliable insider sources have revealed that the report has also named several individuals as responsible for the incurred loss.
The final report of the Presidential Commission of Inquiry into the Bond Issuance of the Central Bank of Sri Lanka was handed over to President Maithripala Sirisena yesterday by members of the commission, its secretary S. Udugamasooriya, Supreme Court Judge P.S Jayawardene, Retired Deputy Auditor General V. Kandasamy.
Al three members of the commission were said to be in attendance at the handover. According to sources, the President is now expected to hand over the report to the Attorney General’s Department.
Prime Minister Ranil Wickramasinghe, Former Minister of Finance Ravi Karunanayake, Minister Malik Samarawickrama, Minister Kabir Hashim, Former Central Bank Governor Arjuna Mahendran, Owner of Perpetual Treasuries his Son-in-law Arjun Aloysius, Perpetual Treasuries CEO Kasun Palisena and many government officials appeared before the commission.
The Commission was appointed by President Maithripala Sirisena to begin an inquiry into the issuance of Bonds that took place during the time period February 1, 2015, to March 31, 2016.
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