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AG tasked with seizing monies earned illegally

18 January 2018 12:28 am - 6     - {{hitsCtrl.values.hits}}

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The Attorney General’s attention has been drawn to immediately seize the property earned through illegal means from the Central Bank Bond issuance by Perpetual Treasuries Limited (PTL), other companies affiliated to it and other personnel, the President’s Media Unit (PMD) said.  

 It said even though the Bond Commission had recommended that civil cases be filed to recover the losses incurred by the government, the Attorney General’s Department would take action to amend the Civil Law procedures as civil cases usually take time to complete.   
To circumvent the envisaged delays, the Commission had recommended to the Attorney General that a Parliament Act should be passed to recover the money owed to the EPF and the Government without violating the Constitution.   
This was discussed at length during a meeting the President had with the Attorney General, Central Bank Governor, Director General of the Bribery Commission and other officials at the Presidential Secretariat yesterday morning. 


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  Comments - 6

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  • Sunil Thursday, 18 January 2018 05:02 AM

    What a bogey mess this has become. A regime that came to power promising good governance is now trying to recover the loot snatched with the aiding and abetting of some of their stalwarts. What more needs to be said about the promised yahapalanaya.

    Mevan Thursday, 18 January 2018 05:19 AM

    Well done Mr. President. In the same vein recover the people's wealth robbed by last govt. too.

    Chandu Thursday, 18 January 2018 10:26 AM

    To recover what previous govt robbed needs to be proven beyond any doubt.I wonder even the president will be able to escape if a real independent commission is conducted in this regard

    Ree Thursday, 18 January 2018 02:12 PM

    HE too responsible

    Lankaputha Thursday, 18 January 2018 01:24 PM

    Good move President. Start with the ex top people and the new lot. Mother Lanka does not need any loans from any other countries.

    Doug Thursday, 18 January 2018 01:36 PM

    For a fraud of Rs 1.2 million criminal proceedings (Victor Ratnayake's wife) Fraud of Rs 12 billion civil proceedings (PTL).


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