P.B. Jayasundara questioned by PRECIFAC

29 July 2016 11:42 am

Former Treasury Secretary Dr. P.B. Jayasundara arrived at the Presidential Commission of Inquiry to Investigate and Inquire into Serious Acts of Fraud, Corruption and Abuse of Power, State Resources and Privileges (PRECIFAC) to give a statement over misappropriation of Rs. 5 billion government funds in 2014.

A spokesman for the commission said Dr. Jayasundara was being questioned by the Investigations Unit attached to the PRECIFAC with regard to a complaint received by the commission over an allegation of importing 100,000 metric tons of rice from an Indian Company against the Cabinet Decisions.

He said the government had incurred a loss of Rs.5 billion due to the transaction.(Ajith Siriwardana)

 

Video by RM