FR case on CB bond issue to resume next week

6 May 2015 02:53 am

The fundamental rights petition filed by three good governance activists, Dr. G. Usvatte-aratchi, Dr. A.C. Visvalingam and Chandra Jayaratne seeking an independent and competent inquiry into the controversial Central Bank bond issue is to resume before the Supreme Court on May 13.
 
The petition was taken up for hearing before Chief Justice K. Sripavan, Justice Priyasath Dep and Justice Rohini Marasinghe yesterday.
 
The petitioners also called for systems that would ensure transparency and good governance practices on future public debt issues.
In this petition, the Central Bank of Sri Lanka Governor Arjuna Mahendran, Deputy Governor and Chairman of Treasury Bond Tender Committee P. Samarasiri, Superintendent and Registrar of Public Debt of Central Bank, Secretary to the Ministry of Policy Planning and Economic Affairs, Perpetual Treasuries Ltd, Arjun Aloysisus and the Attorney General had been named as respondents. (Lakmal Sooriyagoda)