Sri Lanka: Presidential Appointed Commision Recommended Legal Actions against Bond Plunders
The Bond Commission has clearly stated the structure of the Central Bank, Public Debt Department, direct issuance of bonds and the pros and cons of the system of bond issues and bond auctions.
(Januarry 3, 2018, Colombo, Sri Lanka Guardian) President Maithripala Sirisena, quoting the final report of the Treasury Bond Commission, on Wednesday made strong strictures against former Central Bank Governor Arjuna Mahendran, his son in law –Arjun Aloysious and said action was being contemplated against those involved in the multi-million bond scam. It was also stated that action should be taken against former Finance Minister Ravi Karunanayake who was provided an apartment by Arjun Aloysius, one of the key suspects in the bond scam..
He made these comments in a lengthy statement on television a while ago. The President’s full statement which is available on the President’s website is as follows:
Watch Here;
