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Tuesday, 07 March 2017 - 19:21
The controversial bond issue was conducted due to the 2015 financial crisis
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The current head of the Public Debt Department of the Central Bank of Sri Lanka, Buddhika Sarathchandra said that the controversial bond issue was conducted due to the financial crisis that affected the country in 2015.

He stated this today while testifying before the Presidential Commission of Inquiry which is probing the controversial bond scam.

He said that such bonds were issued to meet the monetary requirements of the government on 4 occasions.  

Buddhika Sarathchandra produced relevant documents to the commission with regard to this bond issue.
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