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Committee+to+investigate+CBSL+bond+issue
Monday, 09 March 2015 - 19:49
Committee to investigate CBSL bond issue
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President Maithreepala Sirisena has directed the Secretary to President to appoint a three member committee to probe the alleged 30-year Treasury bond issue which completed last month.

Policy Planning and Economic Affairs Deputy Minister Dr. Harsha de Silva said that the government decided to hold an inquiry as charges have been made against this transaction.

Meanwhile JVP has decided to complain with regard to this issue to the Commission to Investigate Bribery or Corruption.

The particular Treasury bond issue was auctioned on 27th of last month in order to obtain one billion rupees.

It is accused that a company to which the Central Bank Governor’s son-in-law is involved has also bid in for the above Treasury bond at a higher interest rate, and later the Central Bank has increased the bond value from one billion rupees to 10 billion rupees.

When our news team enquired about these charges, Policy Planning and Economic Affairs Deputy Minister Dr. Harsha de Silva said that this matter would be treated as serious and investigations would be led accordingly.
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