Three COPE reports on Bond issue

23 October 2016 05:58 pm - 14     - {{hitsCtrl.values.hits}}


The possibility of presenting three reports by the Committee On Public Enterprises (COPE) has arisen as there are three groups of members which hold different opinions on the Bond issue, a member of the committee revealed today.

Member of COPE MP Bimal Ratnayake told a media briefing that one group directly holds former Central Bank Governor Arjun Mahendran responsible for the alleged scam regarding bonds while another group of members are of the opinion that there has been no scam at all while a third group of members is of the conclusion that there has been a scam but former Governor and others are not responsible for it.

“There may be even more than two reports considering the circumstances,” Mr Ratnayake said.

Responding to a question raised by the journalists as how could there be several reports of a committee in Parliament, the MP said there is provisions for such a situation according to the standing orders.

“There is no barrier for several reports but it would have been better if one report was presented,” he said.

“There were extensive discussions by the COPE members especially with regard to the Bond Scam on October 20 and 21 but as there were three opinions, the report which was prepared by the COPE Chief Sunil Handunetti and the Secretariat was approved by a majority of members will be presented to the House either on Tuesday (October 25, 2016) or Wednesday (October 26 2016),” he added.

Further, he recalled that the committee appointed by Prime Minister Ranil Wickremesinghe to probe the Bond Scam also called for an independent investigation as there was an unclear situation. (Yohan Perera)

  Comments - 14

  • Gayan Sunday, 23 October 2016 09:41 PM

    What Mahendran agrees.

    wikileaks Monday, 24 October 2016 01:37 PM

    Why this buggers trying to defend Arjuna Mahendran.

    Awithesenna Monday, 24 October 2016 11:07 AM

    beginning of the end for Symbiosis between UNP and SLFP isolated Administration. via DM Android App

    saman Sunday, 23 October 2016 06:14 PM

    Is everything based on opinions ? or documented evidence ?. How come there are three opinions ?. If the report has valid and documented evidence that should be the one to be presented to the parliament.

    Jagath Leanage Sunday, 23 October 2016 06:32 PM

    Which report should we believe?

    dcn Sunday, 23 October 2016 06:35 PM

    The hard fact is that the country has lost a large of some money which would in turn be an addl.burden on the masses.

    Jagath Leanage Sunday, 23 October 2016 06:36 PM

    In future too there will be many reports when there are issues . Bad precedent .

    Vernon Sunday, 23 October 2016 06:59 PM

    If the 3rd group is of the opinion that there was a scam but former governor and others are not responsible, they must say who was responsible.

    RD Sunday, 23 October 2016 07:09 PM

    What India says

    Harith Sunday, 23 October 2016 07:49 PM

    We could now see who are actually against corruption and who are trying to protect the culprits.

    Henry Sunday, 23 October 2016 07:50 PM

    What PM says!!!

    Henry Sunday, 23 October 2016 07:56 PM

    Is this transparency? Naduth Haamuduruwange Baduth Haamuduruwange Hence, please publish the reports before the truth is distorted or destroyed before RTI reach RIP.

    Chandrasena jayasinghe Sunday, 23 October 2016 08:06 PM

    It is so funny. This committee (COPE) should be dissolved,and use the Judiciary system to punish the culprits.

    rosebud Sunday, 23 October 2016 08:08 PM

    And if the Central Bank has its own investigation I wonder what that would conclude via DM Android App

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