Mahendran grilled over sale of CB Bonds

16 Apr 2015 - {{hitsCtrl.values.hits}}

The Central Bank Governor Arjuna Mahendran was today questioned by the Bribery Commission for about six hours in connection with the sale of Central Bank Bonds.

Mr. Mahendran arrived at the Commission to Investigate Allegations of Bribery or Corruption at 9.00 a.m. and was questioned until 3.30 p.m. after which a statement was recorded.

A senior official told Daily Mirror Mr. Mahendran was grilled in connection with a complaint made against him in connection with treasury bonds issued to a private company involved with his son-in-law.

The Governor who left for Singapore on March 9 in the midst of the Treasury bond controversy had said he was ready to face an inquiry when he returned to the country.

The Sri Lankan-born Singaporean economist and banker was appointed by President Maithripala Sirisena as the Central Bank Governor on January 15.

His passport had also been impounded by the Commission on March 13, as soon as he returned to the country after visiting Singapore.

Breaking News

Mahendran grilled over sale of CB Bonds

Most Popular Articles

Alleged mastermind behind Rs. 210 Billion illegal Dollar transfer network arrested

More arrests of lawyers, politicians and senior police officers

India ready for work once Sri Lanka green-lights project

Girl visited her lover, gang raped by lover and his friends

Country loses US $ 1 billion in fraudulent transactions, certain banks involved

Rupee depreciates further against US Dollar

Latest News

Paraguay Stun Germany on Penalties in One of the Greatest FIFA World Cup Upsets

Full match schedule & SLST kick-off times: INFOGRAPHIC

FIFA World Cup 2026 Round of 32 Bracket and Schedule: Road to the Final Takes Shape

Rev. Fr. Anton Ranjith appointed Bishop of Jaffna

Kimbula Banis Dansala