The Auditor General was unable to complete the report earlier, as the Central Bank including it’s Governor Arjuna Mahendran and Deputy Governor P. Samarasiri, who is tipped to take over Mahendran’s position, had refused to give information pertaining to the bond transactions.
However, in early June, COPE summoned Mahendran and his deputy governors and ordered them to provide all information on the bond transactions within two weeks to the AG.
“The report is now complete, and it will be taken up for discussion on Wednesday,” a source told Colombo Telegraph.
The COPE will also determine if Mahendran is innocent amidst allegations of a massive bond scandal last year and this year.
On Friday, Mahendran announced that until the COPE clears his name, he will not seek a second term as Central Bank Governor.
His term is schedule to end on 30th June 2016.