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AG’s letter on bond issue tabled in Parliament – Speaker

Speaker Karu Jayasuriya on Tuesday informed the Parliament that he tabled the letter from the Attorney General regarding the COPE report on the Central Bank of Sri Lanka (CBSL) Treasury bond issue, reporters said.

The COPE report was forwarded to the Attorney General on 25 January. The special COPE report was presented to the Parliament by the Chairman of the Committee On Public Enterprises (COPE) MP Sunil Handunnetti on October 28, 2016.

The 55-page COPE report recommended that former Governor of the Central Bank Arjuna Mahendran should be held directly responsible over the bond transaction and that legal action should be taken against him and responsible individuals.

The report also observed financial irregularities in the Central Bank bond issue and recommended to recover the losses incurred from those involved.

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