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Friday, 03 March 2017 - 19:16
How Arujuna Mahendran altered bond issue revealed at the Presidential commission
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It was revealed today that former Central Bank Governor Arjuna Mahendran has not submitted certain reports to the COPE which he had submitted in the controversial bond issue.

This was revealed during the Presidential Commission which is probing the controversial Central Bank Bond issue.

Additional Superintendent of the Public Debt Department, Dr. Mohamed Zeid Azim testified before the Commission today.

At the same time, It was revealed that former Central Bank governor Arjuna Mahendran visited the Public Debt Department where the bond issue was held for the second time on February 27th, 2015 at 12.30pm.

The Additional Superintendent stated that Arjuna Mahendran was accompanied by two deputy governors, Nandalal Weerasinghe and Ananda Silva during his second visit to the Public Debt Department.

The Additional Superintendent said that Arjuna Mahendran had discussions with 4 officers in the Public Debt Department including himself.

He further said that Arjuna Mahendran obtained information about the bond issue which was being conducted at that time.

Dr. Asim further said that Arjuna Mahendran later collected the bidding list which was under his charge, inspected it and instructed him to prepare a separate bidding list.

Meanwhile, the Central Bank issued a notice today citing that the controversial gazette issued with regard to the bond issue has followed the legal provisions of the Registered Stock and Securities Ordinance.

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