Colombo Telegraph

COPE To Hand Over Special Report On Bond Scam This Month

The Committee on Public Enterprises (COPE) which is currently investigating the controversial billion rupee bond deal of the Central Bank is hoping to present a special report to Parliament on their findings before end of this month.

Sunil Handunneththi – COPE Chairman

On Tuesday, COPE handed over report containing their findings of 19 public institutions including Bank of Ceylon, Ceylon Electricity Board, Rakna Arakshaka Lanka, SriLankan Airlines, State Pharmaceuticals Corporation, Central Bank, Sri Lanka Cricket, Janata Estate Development Board, Agriculture and Agrarian Insurance Board, Lankaputra Development Bank and Ceylon Petroleum Corporation.

According to COPE Chairman Sunil Handunneththi, the Central Bank bond issue warranted a special report, as it required further investigation due to the severity of the issue, and hence a special report on the committee’s findings will be presented to Parliament within the next two weeks.

COPE has meanwhile once again summoned several officials of the Central Bank this week to carry out further inquiries on the bond scam in which former Governor Arjuna Mahendran is accused of playing a leading role.

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