Debt Office: JO to file action in Supreme Court

15 November 2016 01:28 pm - 8 - {{hitsCtrl.values.hits}}

A A A

The joint opposition said today it would file action in the Supreme Court with regard to the budget proposal to set up an Independent Debt Office at the General Treasury.

MP Bandula Gunawardane said it was the Central Bank and not the Treasury which has the authority to monitor the country’s debt control.

“The proposed debt office will be directly responsible for managing the country’s domestic and foreign debt and that of the debt stock. This move will only aggravate our fiscal plight,” he told a news conference.

The MP said the authority of the Central Bank to monitor bank transactions had been snatched through another proposal so as to hand it over to a ‘National Payment Platform (NPP).

“These are the moves to privatise the Central Bank. We will write to the President and the Prime Minister about this matter while filing a case in Supreme Court,” he said. (Lahiru Pothmulla)

Video by Sanjeewa

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

Comments - 8

ala Tuesday, 15 November 2016 01:34 PM

A good move.

ANTON Tuesday, 15 November 2016 01:37 PM

WHEN SUPER MOON DISAPPEARS, SUPER GOON APPEARS.

Selvyn Tuesday, 15 November 2016 01:46 PM

This man exposed his ignorance when he was with Ali Baba. Now he has become a clown via DM Android App

daily boru Tuesday, 15 November 2016 02:14 PM

Whenever the JO goons go to Supreme court the verdict comes in return post but not when the government goes.

kaboos Tuesday, 15 November 2016 02:17 PM

Bandula will oppose every move that government starts.

Arjuna Tuesday, 15 November 2016 09:42 PM

Hon MP. good move. Protect peoples rights, we will support you.

Ratnayake Tuesday, 15 November 2016 10:59 PM

Personally don't like JO but this man has exposed a possible racket before it starts. Budgets are about how to manage income and expenditure and not about how to manipulate the system and rob the nation.

Leo Tuesday, 15 November 2016 11:58 PM

The great economist showing off how much nonsense he can produce. via DM Android App

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.

Debt Office: JO to file action in Supreme Court

Comments - 8

Add comment

RECOMMENDED

Religion: Not for public debate

Driving into Colombo’s money spinning car parks!

The runaway prophet?

Veil of uncertainty covering naked truth behind death of schoolgirl

Unwanted attention

Lurking predators make some temples unsafe for novice monks

Reforming abortion law in Sri Lanka

Most Viewed in News

BIA bumps Ven. Ajahn Brahmawanso Thera from Bangkok flight to make way for Dinesh

Professionals from 14 categories required to register with IRD from today

Fixed range for fuel price as Sinopec enters

It was not Dinesh who caused delay for Ajahn Brahm Thera at BIA but Nimal Siripala de Silva

Navin Dissanayake’s Tweet on Standup comedy irks British comedian Ricky Gervais

Sri Lanka on alert over new virus with cold-like symptoms spreading in US

TODAY'S HEADLINES

Nabbed by Customs at BIA with gold worth Rs.85Mn French gold smuggler remanded after failing to pay fine of Rs.70Mn

Millennium City Case against ASP Kulasiri Udugampola fixed for defence evidence

Select committee to look into economic crisis Terms of Reference to be changed

Unruly air passenger incidents on the rise: IATA

MIRROR CRICKET

Confident Sri Lanka eye series win

Cummins says WTC final, Ashes can secure legacy for Australia

Broad hopes Pujara and Kohli make Australia toil ahead of Ashes

Australia and India are relaxed but ready as WTC23 Final arrives : Preview

Confident Sri Lanka eye series win

PGA Tour and LIV Golf merge to end golf’s ’civil war’

Djokovic reaches French Open semi-finals for 12th time

Cummins says WTC final, Ashes can secure legacy for Australia