President's Statement Throws JO Into Fresh Trouble: Refers To Corrupt Bond Transactions From 2008 to 2015
2018-Jan-04 | By News Admin

President Maithripala Sirisena's statement on the findings of the Bond Commisison has also thrown the Joint Opposition into a fresh trouble as it talks about questionable and suspicious bond transactions during the Rajapaksa era.

"The Commission is of the opinion that similar incidents as revealed in the Commission Report had happened even in 2008. The Commission recommends that the Central Bank of Sri Lanka should first conduct a forensic audit with regard to the alleged fraud and corrupt practices from 2008 and based on such findings legal steps should be taken.Commission states that funds of the Employment Provident Fund (EPF) were lost mostly during that period," the President said.

"As the Commission did not have the mandate to inquire into Treasury bond issues from 2008 to 2015, the Commission had not done that. However, Commission recommends that there should be an investigation into that period too."

Dr. Ajith Nivad Cabraal, who headed the Central Bank under the previous administration is also known to be a close friend of Perpetual Treasuries Owner Arjuna Aloysius. 

Sources : asianmirror