Bond Scam; Report places most of the blame on CB

9 November 2019 03:55 am - 7 - {{hitsCtrl.values.hits}}

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A senior Finance Ministry source said yesterday the Central Bank did not release the report on the forensic audit on the Central Bank bond scam because the report puts the blame for the bond scam on the doorstep of the Central Bank.

He said the CB need not seek the Attorney General’s advice on the release of the five audit reports because they are public documents and that several requests to the Central Bank to release the reports, had not received a favourable response.

It has sought the AG's advise on whether it should release the forensic audit report on the issue of bonds during the previous and current governments, because it could influence the upcoming presidential election.

The report in five sections has been made available to the Central Bank by international auditors who carried out the audit.

The audit inquiry was a recommendation by the Presidential Commission appointed by President Maithripala Sirisena to probe the bond scam.

The source said the AG had nothing to do with the release of the bond report and it is not likely to affect the presidential poll. The main reason for the failure to release the report is that most of the blame for the scandal must be taken by the CB. (Sandun A Jayasekera)

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Comments - 7

Perumal Saturday, 09 November 2019 11:11 AM

Ajith Nivard Cabraal and Mahendran are responsible.

ravin Saturday, 09 November 2019 04:49 PM

Our ancestors had inherited how to tie the cow in such a way ,so cow want reach the coconut sapling. No wonder our economy is taking downward trend.

rooobarbie Saturday, 09 November 2019 05:28 PM

Yeah Finance minister would say so to save their asses. Dont forget much evidence was given how Ravi K the then finance minister conspired with CB governor and Ranil W and advising all other national finance institutes not to underbid that of the Aloysius' owned company. The blame for the bond scam lay fairly and squarely on the shoulders of ranil w the PM, ravi K the finance minister and his ministry and CB governor mahendran, and all other forty theives in the UNP

Hornet Saturday, 09 November 2019 05:47 PM

Take CB into custody immediately!!!The problem is that it's too vague, just like the PSC accusing the govt. for the Easter Sunday carnage!

Nirmal Sanjeewa Saturday, 09 November 2019 06:16 PM

Another attempt by this UNP government to get their Ministers' name clear to make a feeble try to win this election. All these attempts will fail easily.

Sambo Saturday, 09 November 2019 08:50 PM

It is totally right. The CB officials are very corrupt and should take the major part of the blame. Not only the subject minister.

dcol Saturday, 09 November 2019 09:08 PM

So Central Bank's Problem started in Central Bank? - Well done Sherlock!

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Bond Scam; Report places most of the blame on CB

Comments - 7

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