President Maithripala Sirisena says that immediate action will be taken to recover the loss incurred by the government in accordance with the recommendations of the Bond Commission.
The President has said that the drafting of new laws and amendments to existing laws are currently being prepared according to the recommendations of the commission.
The President made these comments at a meeting held at the Presidential Secretariat yesterday (29) to inform the party leaders of the current situation in the implementation of the Presidential Commission report on the Central Bank bond issue.
The Commission to Investigate Allegations of Bribery or Corruption Act has not been amended from 1994 to date, and the drafting of relevant legislation is in its final stages and will be submitted to the Cabinet within the next few weeks, the President further added.
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