Ravi responds to Prime Minister over Treasury Bond issue

3 December 2025 07:43 pm Views - {{hitsCtrl.values.hits}} 6 Bookmark

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Colombo, Dec. 3 (Daily Mirror) - Former Minister of Finance and current Member of Parliament, Ravi Karunanayake, today moved to correct what he described as misleading statements made by the Prime Minister in Parliament regarding the 2015 Treasury Bond issue.

Speaking in Parliament, Karunanayake said that during answers given in Parliament on 26 November 2025, the Prime Minister attributed ministerial responsibility for the Central Bank and its actions during the period of the bond transactions to him, in a manner he claimed was “factually incorrect, misleading, and damaging” to his reputation.

Karunanayake explained that although the Prime Minister referred to recommendations in the Report of the Presidential Commission of Inquiry (PCol), she did not answer the specific question posed to her.

“Even though she did not expressly say that the Central Bank came under Minister Ravi Karunanayake, the clear implication of her answer – particularly when citing the PCol – was that I bore ministerial responsibility for the Central Bank. This implication is entirely incorrect, unsupported by the PCol, and directly contradicted by official Gazette notifications issued under Article 44(1) of the Constitution,” he said.

He further clarified that during his tenure as Minister of Finance, he was never assigned oversight of the Central Bank of Sri Lanka. The constitutional and administrative record, he said, confirmed that ministerial oversight of the Central Bank at that time was assigned to the Prime Minister and the Minister of National Policies and Economic Affairs, Hon. Ranil Wickremesinghe.

Karunanayake also noted that commercial banks fell under the purview of the Minister of Public Enterprise Development, Hon. Kabir Hashim, whose responsibilities included State banks, Bank of Ceylon, People’s Bank, National Savings Bank, SME Bank, and banking governance functions.

“The Prime Minister stated that her answer was grounded in the recommendations of the Presidential Commission of Inquiry. This is factually incorrect and misleading, as the Commission did not find me guilty of any wrongdoing or hold me accountable in any manner,” Karunanayake added.

Comments - 6

Rajaratnam Wednesday, 03 December 2025 11:39 PM

What happened to the apartment of Arjun Aloysius?

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Dr Tissa Fernando Wednesday, 03 December 2025 11:57 PM

PM's speciality is sex education and LGBTQ welfare and ask questions relating to that area. Bond issue is not understood by no one in NPP. They even do not know about major rivers in the country. Their main speciality is creation of false content and present that content like real facts.

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Ram P Thursday, 04 December 2025 05:59 AM

If not directly you supported the Bank Robbery indirectly. We all know that you were given a luxury apartment by the culprits and enjoyed their hospitality whilst supporting the Prime Minister whom you allege was the Minister in charge of the Central Bank. All in the game following the idiom you scratch my back and I scratch your back

2 10

Jude Thursday, 04 December 2025 11:05 AM

Ravi K. Became the first finance minister in SL to occupy a businessman luxury posh penthouse apartment for Free. That indicates how much corrupted Ravi K is.

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Jude Thursday, 04 December 2025 11:09 AM

If you list the Most corrupted finance minister of SL, Ravi K. Will top The list without exaggeration, yeah.

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G.M. Fernando (Attorney-at-Law) Thursday, 04 December 2025 12:58 PM

Ravi, our PM is very professional and she never utters unwanted statements like you and your UNP members. PM is right, she gave the correct picture, please don't get panic sit down man.

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