Sri Lanka: Bond Book — Chapter 33 — Recommendations
The presidential commission of inquiry which probed Treasury bond scams has determined that the then CBSL Governor Arjuna Mahendran provided ‘inside information’ to Perpetual Treasuries Limited (PTL) owned by his son-in-law Arjuna Aloysius and acted in collusion with that company.
Here are the Recommendations;
( January 18, 2018, Colombo, Seri Lanka Guardian) The Presidential Warrant dated 27th January 2017 issued to us, requires us to make recommendations with regard to the matters we have investigated and inquired into and reported on.
On the basis of the evidence placed before us and our determinations and conclusions based thereon and our observations, which are set out in our Report, we recommend:
