Sun, 17 Oct 2021 Today's Paper

CONTROVERSIAL 30-YEAR BOND ISSUE:Committee finds serious lapses by BOC; recommends forensic audit an

20 April 2015 10:03 am - 0     - {{hitsCtrl.values.hits}}

A A A

The Committee appointed by Prime Minister Ranil Wickrasinghe to inquire into the controversial 30-year bond issue has found “serious lapses” on the part of state banking giant Bank of Ceylon (BOC) which routed unusually large amount of bids on behalf of Perpetual Treasuries. 
“The Committee observed that the bidding pattern of Perpetual Treasuries was unusual and warranted a further investigation,” a communiqué issued by the Ministry of Policy Planning and Economic Affairs said.
The Committee recommended BOC to carry out a forensic audit and seek explanation from its Chief Dealer and others on ad-hoc decisions taken, risking a large amount of BOC funds involved in 30-year bond transactions. 
BOC Chairman Ronald Perera on April 8 said General Manager D.M.Gunasekera had been placed on leave to facilitate investigations, which he didn’t specify.
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.

 


How a 19-year-old TikToker is helping bring back the Woolly Mammoth!

A young TikTok star and his friends are helping an ambitious gene editing pro

Unmasking Sri Lanka’s Pyramid Parasites

A Financial Cancer Spreading Through Sri Lanka Again...

Writing Letters to Michele Bachelet Causes Turmoil Within the TNA

The Tamil National Alliance(TNA) is currently in a state of great turmoil. Th

A state-sponsored elephant racket in the works

A controversial new gazette has been issued seeking to employ elephants for w