Wed, 22 Sep 2021 Today's Paper

The 3-member committee’s 19 page report falls far short of proper inquiry

21 April 2015 06:29 am - 0     - {{hitsCtrl.values.hits}}

A A A

The committee does not address the following;
1) One week prior to the bond issue,  who were the officials the Central Bank Governor was in touch with at the Department Of Public Debt concerning the bond issue (with 30-year maturity)?
2) With reference to above (1) how many times did Governor Arjuna Mahendran interact with them (both verbal conversation and through written notes) during the week prior to the bond issue?
(3) With reference to above (2) what was the nature of discussions and interaction?
(4) Who was the head of the Department Of Public Debt who interacted with Governor Mahendran and what did the conversations center around the week prior to the bond issue? Did they discuss acceptable coupon rates on the 30-year bond?
(5) When was the date it decided to accept the offer of 12.5 percent on the bond issue?
(6) The report does not inquire into the market actions of Perpetual Treasuries beginning one week prior to the bond issue. There is insufficient forensic examination of market actions of Perpetual Treasuries Limited the firm owned by Governor Mahendran’s son-in-law. 
However, the committee has gone into detail about the Bank of Ceylon’s (BOC) actions in the bond bidding process. So, why not the same zeal for Perpetual Treasuries market actions in the run up to the bidding process?
This report is lop sided and a sham! 

Krishant Salgado
See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

  Comments - 0

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 


Mysterious disease killing pups!

A mysterious respiratory disease affecting puppies in the Central Province is

Jacqueline Fernandez; Lankan Star Shining in Indian Film Sky

Sri Lanka’s Jacqueline Fernandez who has made a name for herself in India

Young families share stories of pregnancy in a pandemic

For hundreds of expectant and new mothers, pregnancy and childbirth are nothi

“Your travel plans should not come first” – Dr. Dinu Guruge

In a recent live discussion on fighting the Covid-19 pandemic hosted by Daily