Don’t play politics with Bond scam forensic audit report : Harsha

3 February 2020 12:06 am - 0     - {{hitsCtrl.values.hits}}

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  • Forensic audit report had revealed that the EPF had lost Rs.9,463 mn

By Yohan Perera   

One should not play politics with the forensic audit report as it had revealed that Perpetual Treasuries had earned billions in an illegitimate manner before and after 2015, UNP MP Dr Harsha de Silva said yesterday.    

 Dr. De Silva who came up with a broad explanation on the forensic audit report at a press conference said it had revealed two fraudulent deals with regard to bond issues and in the share market. “The forensic audit had actually revealed that one single party is involved in both frauds,” he said.   Also, he said the minimum losses incurred in the primary market (losses incurred by the government) by February 1, 2015, has been Rs.1,106 million while the maximum losses had been Rs.1,106 million. The minimum losses between February 2015 to March 2016 has been Rs.2,298 million while the maximum losses during the said period have been Rs.2,872 million.   This he said are losses only incurred in primary market deals. “The footnotes that are being talked about denotes these deals,” the MP said.   Dr De Silva said the forensic audit had revealed that Perpetual Treasuries chief had dealt with two different groups before and after 2015.  Also, he said the report had also looked into dealings in the share market. Accordingly, he said forensic audit report had revealed that the EPF had lost Rs.9,463 million in the investments which it had made on various loss-making companies before 2015.   


The plan he said had been to get EPF to invest on shares in various companies and to raise the value of a share in these companies in a short time. “The report had revealed as to who had got the EPF to invest in loss-making companies,” he said while highlighting that directors of some institutions have been appointed according to whims and fancies of those who ruled the establishment, which regulates them.  


At the same time he said those who have carried out the forensic audit had failed in their efforts to interview former CB Chief Arjuna Mahendran and also Mr Cabraal. Dr De Silva said Mr Cabraal had refused to answer a questionnaire forwarded to him.   


However, he said those who carried out forensic audit had managed to uncover all details including emails, phone conversations and SMSs. “They have even managed to recover details that have been deleted. 

 

  • The forensic audit had revealed that Perpetual Treasuries chief had dealt with two different groups before and after 2015
  • Perpetual Treasuries chief had dealt with two different groups before and after 2015
  • The report had revealed as to who had got the EPF to invest in loss-making companies

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