11 April, 2021

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PM’s Special Address On Bond Scam: Ranil Paints Damning ‘Bond Report’ As A Victory

Prime Minister Ranil Wickremesinghe in a special address to the nation portrayed the entire saga over investigating the Central Bank bond scam as a victory for the Government.

He has claimed that the process has confirmed that ‘the government is acting in a transparent manner.’ He further claimed that the Central Bank, which comes under his purview in his capacity as the Minister of National Policy, already holds Rs 12 billion belonging to Perpetual Treasuries and that therefore the Rs 9.2 billion the company made illegally can be recovered without any cost to the government.

Wickremesinghe also said that while all officials associated with the scam would be punished according to the law and insisted that he had lent all necessary support to all investigations into the matter. This, he claims, proves the government’s discipline, civility and integrity.

Colombo Telegraph notes however that Wickremesinghe continued to place faith in the then Central Bank Governor Arjuna Mahendran even after it became apparent that the bond issue transactions were suspicious. In fact Wickremesinghe offered Mahendran an advisory post after the latter resigned as Governor.

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  • 22
    5

    KAWDA. HORA? BATALANDAYA HORA

    • 6
      1

      Ranil has been showing signs of eccentricity for a while but now it is not a case of going round the bend but circling around the roundabout in search of a way out.

      The fact that he is the last hope is a mythical belief. If he moves on tomorrow, is that the end of the Nation?

      He has many virtues; loads of ability to take on criticism is chief amongst them. But he seems utterly comfortable in the company of the unworthy, and he has left much room for others to insinuate that he has meddled in certain investigations for the benefit of the accused. Consequently, what should have been a sterling 3 year performance has now been mired by a succession of scurriless controversies and accusations which he could well have done without.

      Oh, for one single man in politics whom we could RESPECT!.

  • 21
    3

    he still thinks that the people don’t know the difference between central bank bonds and James Bond.

    he might invite Sean Connery to come to srilanka and explain it to us.No need for Mr.bean to come.

    • 9
      12

      At least under this govt there is a promise of accountability.

      Previous govt:
      “A charge sheet presented by the Bribery Commission was taken into consideration before Colombo Chief Magistrate Lal Ranasinghe Bandara today (18).

      The charge sheet states that two investigative committees had had made recommendations that irregularities had taken place when purchasing properties for the Lanka Electricity Company (Private) Limited.

      It also alleged that by preventing legal action from being taken despite the findings of the committees, the then Chief Justice Mohan Peiris and then Solicitor General A. H. M. D. Nawaz had committed a crime under the Bribery Act.

      The Bribery Commission has also named 20 witnesses and 19 exhibits in the charge sheet. “

      This is only a drop in the bucket.
      “FCID today informed court that it found Rs. 94 million worth properties belonging to former Ambassador Udayanga Weeratunga, while probing the financial loss incurred by the government when purchasing four Ukrainian MIG 27 aircraft in 2006. Filing a report, FCID Inspector Nihal Francis said Mr. Weeratunga owned an eight-acre land worth Rs. 40 million and a one-acre land worth of Rs. 25 million in Dompe and a luxury apartment (Trillium Residencies) worth Rs. 29 million in Borella.”

      • 2
        0

        B.
        “accountability” what rubbish!
        This is Sri Lanka; the land of the Vedda, where the law of the jungle is the law; the survival of the fittest;scientific fact.

    • 1
      2

      shankar

      How about your romantic hero Black and Decker?

      • 0
        0

        NV, where is this KA Sumanaya fellow?

        • 0
          0

          Tamil from the north

          Now KASmaalam KA Sumanasekere types as Kalu Albert.

  • 11
    20

    A good Prime Ministerial address to the nation! More than the estimated loss of the bond deal is frozen by the Central Bank and can be recovered. This is not like the Tsunami Hora!

    • 4
      1

      So that’s OKIn your book is it? What if the scam was covered up which was Ranils intention in the first place by appointing 3 UNP stooges to whitewash the whole thing? Tell us about the Tsunami that seem to know a lot about. We are waiting with bated breath!

    • 3
      3

      Tsunami Hora could hide it. Bank robber could not hide it.

      • 1
        0

        Or may be, part of tsunami theft in bank robber’s a/c or drawers..

    • 0
      0

      Fred Bolling

      What! Are you nuts man? Where did you have your education?

      President is the head so all other addressing are secondary to it & null & void.
      (valid only for fools)

      Punishing the culprits according to the gravity of theft irrespective of social status is more important than recovering loss.
      Most probably the so called man you highlight may deserve it.

  • 6
    0

    I would like to invite the attention of the readers to the “Memorabilia” placed on the table viz. A Lamp with “THREE Candle Lights” – is that to represent the “Three Murthy” of “Brahaman”?; A “Canopied” sweet container – is that to represent the “Casket” of Buddhist Relics; another “Egg” shape “Ornament” – is that a “Hidden” container of a “Talisman” to “Dispel” evil forces? On the back ground are the National Flags easily to depict Nationalism to cover the “Robbery”. Now go to listen to the statement, with all these “Memorabilia” pictured in your mind and then only you will realize the so called “Victorious” “CON ARTIST” he has proved to be to pull wool over the eyes of the people.

    • 0
      1

      Believe it is to represent, “God who is called the Father, Jesus Christ who is called the Son of God, and a divine Holy Spirit.”

  • 2
    0

    Willing Cows go ahead and let yourselves be milked . and the goons who benefitted Karma will get you someday
    —————————-
    As long as this nation have milking cows who are willing to support daylight robbery of the nation ,it yells two things ,1, they as such blind mice who will keep following each other to any toilet pit ,2, they have benefitted in letting mother Lanka be mercilessly rapped .

  • 2
    1

    Sorry about my key board mistakes , meant to say Freeze all new car Imports . and advice middle income owners to start collecting a little usds . and the all the IMF are sent out of the country .

    I just can not believe how people can rob your own country that is struggling , its like sucking out the blood of a bleeding patient and that too mostly done by the so-called educated crooks .

    I really pray that HE will put an end to this and the drug menace .

    He must pass a legislation to remove civic rights of those who rob the country and pressure IMF to get access to bank accounts overseas including Dubai Tue new pirate banking den and pass death sentence for drug peddling .he must do this at once if he wants the support of the people and also do a full investigation of flash money rascals .who use foreign and local proxies to syphon the IMF funding out.

  • 3
    0

    Ranil you had appointed personally some girls to The local. Arm. of the WB to handle financial grants etc .it was featured on the news item.

    Can you provide us with their names and credentials ?And can we have a full report of how the money was disposed and to whom and the current state of the use and benefit
    achieved so far by the local beneficiaries? Otherwise Can we go to the President and request him to investigate and provide the people the answers .
    Or Can Shuakath Ali provide some answers for us ?
    Thank you.

  • 3
    1

    Forgive all crimes and sins ,but never forgive anyone who betrays honesty and those who mocks sincerity,taking such honest folks generosity taking them for granted for fools to be milked .——++.

  • 0
    0

    Kow de hora ? Api oye denne Ranil mithreya !!

    Api dang okam kamu thanne kole ,api okame me Ranil ,Cow de boy he ki keru Cows

  • 0
    0

    CT is getting black out and blocked .and of cause hacked

  • 8
    0

    This man has no dignity or a trace of honesty. No shame either. He has spent 3-years camouflaging his role and raising smoke screens to protect all his acolytes involved in the robbery. He knew who they were as all of them have only acted according to PMs instructions as stated by Mahendran in public. Yet he has the nerve now, only after the publication of the report that he is going to take action against them. Who would ever believe that he would take such action against the sane that he had been protecting for 3-years. It is a nonsense. So, yet again he is on the path to deceive the people before the next voting day, and he thinks that once he has crossed that next hurdle, he will throw everything overboard, and back to his robbing and national assets stripping game. He has no record of taking action against wrong doers, any one of them, during the last 3-years, so voters please remember, action or non-action in this case speaks better than his fake empty words. Vote for anyone else, but not the UNP.

    • 4
      2

      Vote for anyone else, but not the UNP.

      Hooo hooooo so you were 100 percent sure UNP was going to get a landslide victory.
      Yes vote for the rapists, drug addicts, ethanol dealers, murderers, rascals who committed crimes against humanity. Hooo Hooooo thrishoo!

    • 3
      2

      Thrishu,

      If i am not mistaken are you one of Killi Maharaja’s media coolies all out to destroy the greens.

      • 1
        1

        @ Pee and CE above . yes, to destroy liars and cheaters yes, national asset strippers, and their protectors, traitors, including killis, no-killis, Rajapakshas or anyone else that falls into that category of betraying the voters with their deceptions and personal greed. We the non-aligned public had enough of baskets like that and ass lickers like you

  • 3
    4

    Even if UNP has robbed 9.3 billion i find it okay since they were in the opposition for 20 years.
    They wanted some hard cash to bolster there party and cunningly split the Bulath Kolaya into two dirty pcs between Sillysena and Rajafucksa.

    Now there is 12 billion already in perpetual account to recover so there was no loss to the government.
    Jimmy Dumbo, Thonda, and Singhala Man time to shit hole the f..k up.

    Between 2005-2015 MR regime plundered about 18billion dollars and massacred innocent people which cant be accounted along with Lasantha, Ekneligoda and Thajudeen. It takes time to bring back the looted money already STAR is working on it.

    Suharto, Marcos, ben ali gadaffi stolen money not yet recovered although more than 10 years.

    • 4
      0

      Dear Sandra Aponso,


      You have lumped together a number of us who are unhappy with the UNP robbery of, as you say, 9.3 billion. I’m not very sure what the stand of the others is on various issues, but I’d like to make clear the fact that it is not only to this robbery that I object.

      Yes, I think that there has been robbery by the Rajapaksa regime as well. When we voted three years ago, I suspected that to be the case. May not have been Central Bank that I then thought; more probably on arms procurement.

      I’m no racist, despite what I have called myself. I wanted the unnecessary massacre of Tamil Civilians at the very least investigated. I wanted everything possible done to bring about reconcilliation between the various social groups in the country. To this end I wanted all those other murders also investigated. Three years have passed; nothing done is unacceptable.

      You seem to condone what you seem to acknowledge that the UNP has done. Sorry, not acceptable to me.

      In my Municipality neither Bulath Kolaya nor “Pohottuwa” is contesting. The two groups have got together and are contesting with a wrist watch as symbol. If their intention is to defeat the UNP, they won’t get my vote either.


      I probably have to vote for the JVP , this time at least. Or there is a monk, Battaramulle (haven’t got the name). I think that he always contests. It may be that his group is honest. I will consider voting for his group. Had the NSSP been contesting, I would definitely have voted for them.

      My vote for the ending of corruption and racism.

      • 1
        2

        Sinhala man,

        You should at least try to wake up from your sweet dream.

        • 2
          0

          Dear Shenal,

          Thank you for your advice; I shall keep examining my head for softness.

          Meanwhile, I must necessarily vote as I think best. You may not agree with what I say – especially on the ethnic front. Well, you say things that are not acceptable to me. However, you probably believe passionately in what you hold to be the right approach.

  • 1
    0

    One shot hero Ranja is trying to be in the good books of MY3.
    The reason is he is trying to avoid jail time courtesy of MY3 for contempt of court for critisizing Judges.

    He has to face Jail term no matter what.

    • 0
      0

      What he says is right, & seems to be unafraid of to talk the truth, had he been careful when criticizing judges would have made him more safe.

  • 0
    0

    Has Dr Ranil delivered a Big Porky to the Yahapalana Supporters in his address to the Nation.
    Will the CB Governor confirm that his Bank is holding LKR 12 of Aloysious and Dr Mahendran’s Family money in the Central Bank as deposits ?.
    For Dr Ranil to deduct 9 Billion just like that as he arrogantly told his loyal suckers.
    Or Is Dr Ranil going to tell the Yahapalana Bond Holders to get lost and not pay them?..
    Bond Dealers trade not hold ..
    Even if they hold it is not their money, because they have bought them and sold to investors keeping a decent cut.
    Aloysious did even better with the help of Dr Ranil’s best ex Finance Minister by borrowing money from EPF at a lower rate and selling them the Bonds at a higher rate…

    • 0
      0

      Kalu Albert

      Why do you sound like our old KASmaalam K A Sumanasekere?

  • 0
    0

    This man is agitating; he’s helpless now

    what a pity

  • 1
    0

    What else can that poor boy Ranil do other than talking like that? His attempts to cover himself is very clear but alas he cannot fool the people. He may not have personally profited by the deal but he cannot escape the fact that he is a part of it. Prime Ministers of established democracies would resign under those circumstances. Long years ago in Australia, a Cabinet Minister had brought a Tape Recorder, taxable at that time, but failed to declare it at the customs. Not only he but the Minister of Finance at that time resigned their posts, move praised by the then Prime Minister of Australia.

  • 1
    0

    Bond Commission could have recommended more practical solutions such as;
    .
    1. Central Bank should be completely devoid of politics. That means the Governor of the Central Bank should not be someone who was handpicked by politicians but a career officer who earned the position based on seniority-based promotion structure which would easily eliminate political favouritism and insider trading.
    .
    2. Government institutions should be banned from bidding on behalf of primary dealers.
    (Bank of Ceylon owes an explanation to the public as to on what grounds they bid on behalf of Perpetual Treasuries Ltd, in February 2015 for the 30-year ridiculous primary bond auction, when the Perpetual Treasuries, being a primary dealer itself, could have easily placed bids at the auction by themselves. This was a super tactic by Ranil, I believe)

  • 3
    4

    As bad as it may sound the Bond issue, if this is the only issue where UNP screwed up, its better than previous record of Mahinda Rajapakse’s SLFP. During the previous regime rule we heard of six to eight violations a month which included murder, rape, assault, abduction, corruption, white van etc.

    • 3
      1

      What a poor argument, loser!

    • 0
      0

      Park has parked his brain in another planet. With idiots like him as voters,little wonder that YAHAPALANAYA is screwing the country.

  • 0
    0

    Now that the expected returns from investing plundered money have been found sufficient to meet the huge expenses on 2015 Election Campaigns the Boss says that Rs. 9.2 B will be recovered from frozen funds of TPL.

    Who said that present day politicians are suffering from mental constipation and verbal diarrhea?

  • 5
    0

    There is no question that PM Ranil Wickramasinghe is the chief architect of this meticulously organized fraud. He should provide a clear explanation to the following.

    Why he retained the subject of Central Bank when he was not the Finance Minister.

    Why he appoint Arjun Mahendran who is not a citizen of Sri Lanka and not a person who cannot take oaths under the Constitution to perform the office faithfully according to the law

    Why he failed to direct the Attorney General to prosecute the perpetrators instead went on to appoint a Commission to make recommendations?

    Why at least now pledge the Nation to set the criminal law in motion against the perpetrators

    Why not he resign, having taken full responsibility to the fraud without insulting the intelligence of the learned people of this country.

    • 3
      0

      This Chief Robber pre-warned and facilitated Mahendran to elope to Singapore with his ill gotten wealth, so that he could conveniently blame the absconder and save his stinking skin. The coward!

    • 0
      0

      PCOLI was only for one Bond Scam. Two more happened. Only after the three bond scams, PTL earned RS SIX billion Profit.At present Ranil talks only about recovering what was lost from one scam. Ranil should step down, after that there should be a fair investigation to see who allowed Arjun Mahendran to escape and why .. already, he may have got so many documents destroyed. Because Arjun Mahendran worked for Ranil until recent times. Parasasarathi also has a role. what was his role. what else RAVI THE LIAR KNOWs. Penthouse Ravi knew more. that is why he was dancing without any fear

  • 0
    0

    Only the dedicated dumbs do not see how the minds of our leaders work.
    When a Tsunami hit on X’mas Day 2004, we all panicked. But the then leaders only thought of “Aid will arrive. Who amongst us gets the lion’s share”.
    On 08 January 2015 we, the Lankan silent majority mandated UNFGG to bridle corruption. UNFGG clumsily decided “Yes we will but money is needed to do this”!

  • 1
    0

    You see the typical Sri Lankan Mindset ,the ones who are for some reason benefitting without doubt and wonder if their hands too are dirty ‘ it has to be .so they have their agendas fulfilled by the bunch of crooks ,so it is okay for their guys to commit a crime because its different .I don’t believe this ,what kind of justification. ???
    Seriously ? Omg .

  • 2
    0

    My finger only points at Ranil. It is not fair to paint the whole UNP black.

    We had enough of Ranil. He can go home now. And enough of This nonsense of alliance that has failed .not a Single political party as a whole is fit to rule as one or as alliance. What we need is a new party ,hand picked members from all parties and a brand new name and a true change .Only Two people can do this ,Chandrika supporting and The President’s action..people like Imtiaz Baker Markar and Azath Sally are desperately needed to replace some of the failed Muslim Politicians .and enough ,not in our names anymore ,we do not need a Muslim party ,we need Muslim leaders like Sir.Razick Fareed

  • 1
    0

    We need a new party ,with hand picked members from. all political parties or reshuffled the cabinet.Period .

    In no time of Sri Lankan History this nation has been robbed by the previous regime and present ,starting from the upper level .to middle level ,the low level as low as creating a garbage issue to collect on fake
    tender & open doors for fake foreign penniless investors to come
    And freely carry away all the natural resources & financial grants and aid.
    Is IMF being a party to all this or are they so dumb?
    I honestly fear a complete collapse of this nation the way it has been robbed and still Robbed. Only The President can save this nation ,its his duty .
    We hold him responsible if he does not reshuffle the entire cabinet of Ministers before LG elections .and appoint a more suitable PM,preferably Mangala Samareweera ,Dr.Sarath Amunugama or Bring in Madam Chandrika on a national list by sending Ranil’s pal out who came in on national list..

    • 3
      0

      Dear FAHIM KNIGHT

      Yes, My3 is our great hope still; but his group is not contesting in my Municipal area. Instead a group of hybrid SLFP guys. After the elections they will declare their allegiance.

      Such talk is an insult to us. I will not vote for such an unknown quantity.


      The JVP at least tells us where they stand. I don’t like their SAITM agitation. Still, I think that I’ll vote for them. Tamils have told me that the JVP is no longer racist.

      Any advice on how I should vote? My vote is still floating, but floating towards the JVP.

  • 0
    0

    Unprofessional Ranil, when Yahapalanaya won the election in 2005, he went to Kilinochchi and ordered to a school principal “Shut your mouth and Sit Down”. We insisted that Yahapalanaya white van culture continues on Tamils. But TNA to justify its claim its action, kept telling law and order had been restored.

    Recently there a Tamil Woman Principal was forced to Kneel down by the conduct of a UP country rowdy CM. JVP immediately took it to media. But with the support of the Yahapalanaya white van culture, the Principal was forced deny that. They rowdy threatened to sue JVP. This is what Chitanta Goverment Dougie did to Uthayan News paper, under Chitanta white van culture. Now the woman came out and said she was forced go to CM house and kneel down by abuse.

    All up country ministers and MP are Yahapalanaya acolytes. Getting justice is not possible.

    • 0
      0

      Mallaiuran,
      I heard this CM was selling Masala Vadai at the Bus Stand..
      How can he be an Acolyte of Dr Ranil’s Yahapalanaya.
      But then that dude Ganeshan is a UNP Minister ..Isn’t he?…

  • 0
    0

    Ranil did not take any action against Mahinda as he wanted to follow his foot steps.
    and he has done it Over and Above Mahinda.

  • 0
    0

    Dr Ranil’s attempts to protect and white wash his mate and the mate’s SIL are as follows.

    * Defended the mate to the hilt in Parliamentas when the first COPE Committee disclosed the Fraud
    * Dissolved Parliament and got rid of the COPE committee
    * Appointed his own stooges Like Ajith Perera and Blue Eyed Boy young Sujeeva to COPE
    * Disrupted the COPE sessions by allowing his stooges to consult Aloysious even during hearing sessions to thwart the investigation
    * Got the stooges to write Foot Notes to rubbish the COPE Report
    * Got his AG to go soft on him, by not allowing Livera to cross examine ,when Dr Ranil had to front up to the Bond Commission.
    *Didn’t sack his deputy who took Money from Aloysious and stopped the Govt Banks from bidding.
    butt promoted the Deputy as the FM.

    Now Dr Ranil addresses his Loyal Yahapalana supporters and deliver a big One to say he has Aloysiou and FIL’s Family trust money under him in the CB.
    And can deduct the 9 Billion..
    And appoint UNP heavyMarapana to investigate the UNP heavies Ajith, Sujeeva, Appuhamy, Ravi, Kabir and Malik who alleged to have planned the heist with one already found guilty by the Commission.
    While Nr Marapana’s older brother is getting paid with Bond Rort proceeds to get Aloysious off the hook.
    The latest is that 103 pages of the Bond Report have gone missing ,after the President delivered a copy to Dr Ranil’s Deputy before anyone else….
    What a beautiful Yahapalanaya this is under the cleanest of clean Dr Ranil.
    Wonder where Dr Mahendran is?…..

  • 0
    0

    Mallaiuran,
    I heard this CM was selling Masala Vadai at the Bus Stand..
    How can he be an Acolyte of Dr Ranil’s Yahapalanaya.
    But then that dude Ganeshan is a UNP Minister ..Isn’t he?…

  • 0
    0

    Hello Sinhala Man ,if you do not have a direct My3_Representative ,please don’t hesitate to vote for JVP. they are okay as long as Hon.Anura Kumara is holding the Sukaan. Thank God the poodle is out of the JVP,and as long as he is seated on the maharajah’s lap .the Maharajah will continue having nothing but bad omen.

  • 0
    0

    Dear Sinhala Man ,vote for JVP ,without hesitation ,Hon Anura Kuamara is not a biased based ,hr is a well collective thinker and yes he will be a good option for the minorities in the future too.

    SAITEM is the ill begotten child of the previous government left to be weaned by the present ,actually I feel sympathetic towards the students who were robbed of their future ,they should have gone overseas to study . but it’s to late .but the wings of many evil politicians must be clipped this time ,but before anything ,fake racial love, fake religious show via hate promoted through illegal businessman ,smugglers ,drug peddlers ,fake evangelical groups among all religions promoting hate ,( who the criminal’s proxies)
    Have to be completely eliminated , after thorough investigation all their assets should be freezed and civic rights revoked for good .All tenders
    and Grants should be handed over to a public Tender board. Let’s see what happens

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