Take legal action against those responsible for Treasury Bonds irregularities- MP Handunnetti

Friday, 28 October 2016 - 11:10


The COPE report presented in parliament today stated that former Central Bank Governor Arjuna Mahendran is directly involved in the controversial Central Bank Bond Issue. 

Presenting the report, COPE Chairman MP Sunil Handunnetti said that COPE has made 15 recommendations over the bond issue in the 55 page report.

In addition, the entire report includes 2000 pages with interim reports and annexes.

MP Handunnetti told parliament that it is very clear that a financial fraud has been committed.

Accordingly, the COPE committee has recommended recovering the incurred losses from Perpetual Treasuries Limited and other responsible persons. 

In addition, the COPE recommended taking legal actions with regard to the committed fraud

MP Handunnetti also expressed his views about the internal challenges he had to face whilst preparing the report.

At that juncture, leader of the house, Minister Lakshman Kiriella, MPs Anura Kumara Dissanayake, Dinesh Gunawardana, Weerakumara Dissanayake, Minister Rauff Hakeem and Prime Minister Ranil Wickremesinghe also voiced opinions relating to the matter.