Bond Scam: VAC to file law suit against CB Governor

21 October 2016 08:14 pm - 5     - {{hitsCtrl.values.hits}}

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The Janatha Vimukthi Peramuna (JVP) affiliated Voice Against Corruption (VAC) said it would take legal action against Central Bank Governor Indrajit Coomaraswamy, former Governor Arjun Mahendran, directors of Perpetual Treasuries and some other Central Bank officials next week.

VAC Convener Wasantha Samarasinghe told a media briefing today that the VAC had decided to file legal action because the Governor had failed to take action against the Central Bank officials alleged to have been engaged in the bond scam.

“We requested Dr. Coomaraswamy to take action against those officers who are involved in the bond scam but he had failed to do so yet. These officials have been allowed to remain in the Central Bank and bonds are still being issued at an off-market rate, which is a punishable offence," he said

Mr. Samarasinghe said this was the state of affairs during the former governor's tenure as well. "Therefore we will file action against him as well, and the directors of Perpetual Treasuries on the basis that it had caused a huge financial loss to the," he said. “We requested the CB Governor to take action to stop these scams taking placed with regard to bonds and have given him suffecient time to do so. However, we will take legal action against all those responsible because nothing is being done to penalize them." (Yohan Perera)

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  • John Friday, 21 October 2016 09:40 PM

    Very True. Empty Vessels make the biggest Noise.

    Bala Friday, 21 October 2016 10:32 PM

    We are with you - please do whatever to catch the crooks. 5.3billion profit in 9 months is gross and and despicable.

    Abaran Saturday, 22 October 2016 08:52 AM

    Dont beat around the bush holding media media meetings. Just take action.

    Selvyn Friday, 21 October 2016 08:37 PM

    JVP create a huge noise but they are also in the same board. They can never produce any results via DM Android App

    Shelly. Friday, 21 October 2016 09:14 PM

    Try to keep on batting Wasantha. After all this is the style of politics. Nothing new. Old wine in new bottles. via DM Android App


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