{"id":145399,"date":"2015-05-31T01:36:14","date_gmt":"2015-05-30T20:06:14","guid":{"rendered":"https:\/\/www.colombotelegraph.com\/?p=145399"},"modified":"2015-05-31T01:36:14","modified_gmt":"2015-05-30T20:06:14","slug":"ranil-bond-arjuna-denied-now-call-explanations-from-tender-board-public-debt-department-says-rmb","status":"publish","type":"post","link":"https:\/\/www.colombotelegraph.com\/index.php\/ranil-bond-arjuna-denied-now-call-explanations-from-tender-board-public-debt-department-says-rmb\/","title":{"rendered":"Ranil-Bond: &#8216;Arjuna Denied, Now Call Explanations From Tender Board &#038; Public Debt Department&#8217; Says RMB"},"content":{"rendered":"<p>&#8220;The Governor of the Central Bank, <a href=\"https:\/\/www.colombotelegraph.com\/?s=Arjuna+Mahendran&amp;x=11&amp;y=4\"><span style=\"text-decoration: underline;\">Arjuna Mahendran<\/span><\/a> has <a href=\"https:\/\/www.colombotelegraph.com\/index.php\/full-text-of-ranils-bond-committee-report-ive-nothing-to-do-with-committee-findings-dr-waw\/\"><span style=\"text-decoration: underline;\">denied that he participated<\/span><\/a> in the decision to take Rs 10 billion instead of Rs 1 billion, the amount for which offers were called. In that case the members of the Committee should be called upon to explain why they took Rs 10 billion at a higher rate of interest from the same tender knowing well from their fast experience that they could borrow cheaper at the following tender the next week. In fact the interest rate was less in the very next tender. &#8221; says a former\u00a0Secretary\u00a0to the Ministry of Finance, R.M.B Senanayake.<\/p>\n<p><span style=\"line-height: 1.5;\"><a href=\"https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2015\/02\/Ranil-.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-139328\" src=\"https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2015\/02\/Ranil--300x199.jpg\" alt=\"Ranil\" width=\"300\" height=\"199\" srcset=\"https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2015\/02\/Ranil--300x199.jpg 300w, https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2015\/02\/Ranil-.jpg 500w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>The three-member committee appointed by Prime Minister Ranil Wickremesinghe to probe into the controversy that has emerged over the issuance of Treasury Bonds has said that the Central Bank Governor Arjuna Mahendran had no direct role in deciding to accept bids over and above the one billion rupees stipulated in the 30-year bond tender and accept up to 10 billion rupees.<\/span><\/p>\n<p><span style=\"line-height: 1.5;\"><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.colombotelegraph.com\/?s=R.M.B+Senanayake&amp;x=11&amp;y=5\">R.M.B Senanayake<\/a><\/span>, who was a member of the former Ceylon Civil Service<\/span><span style=\"line-height: 1.5;\">\u00a0told <em>Colombo Telegraph<\/em>;\u00a0<\/span><span style=\"line-height: 1.5;\">&#8220;The Minister o<\/span><span style=\"line-height: 1.5;\">f Finance should call upon the Monetary Board to call for the explanation of the Members of the Public Debt Committee to justify their decision. The Minister of Finance should direct the Monetary Board to do so.&#8221;<\/span><\/p>\n<p>The Central Bank now directly comes under <a href=\"https:\/\/www.colombotelegraph.com\/?s=Ranil+Wickremesinghe&amp;x=12&amp;y=4\"><span style=\"text-decoration: underline;\">Ranil Wickremesinghe<\/span><\/a>&#8216;s Economic Affairs and Policy Planning Ministry.<\/p>\n<p><strong style=\"line-height: 1.5;\">Related posts;<\/strong><\/p>\n<p><strong><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.colombotelegraph.com\/index.php\/bond-issue-arjuna-mahendran-cant-say-he-didnt-know-about-it\/\">Bond Issue: Arjuna Mahendran Can\u2019t Say He Didn\u2019t Know About It<\/a><\/span><\/strong><\/p>\n<p><strong><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.colombotelegraph.com\/index.php\/full-text-of-ranils-bond-committee-report-ive-nothing-to-do-with-committee-findings-dr-waw\/\">Full Text Of Ranil\u2019s Bond Committee Report \u2013 I\u2019ve Nothing To Do With Committee Findings: Dr. WAW<\/a><\/span><\/strong><\/p>\n<p><strong><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.colombotelegraph.com\/index.php\/ranils-committee-clears-arjuna-mahendran\/\">Ranil\u2019s Committee Clears Arjuna Mahendran<\/a><\/span><\/strong><\/p>\n<p><strong><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.colombotelegraph.com\/?s=Arjuna+Mahendran&amp;x=11&amp;y=4\">Arjuna Mahendran and the bond issue<\/a><\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p> [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":143182,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,1,2375],"tags":[],"class_list":["post-145399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-colombotelegraph","category-news","category-stories"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ranil-Bond: &#039;Arjuna Denied, Now Call Explanations From Tender Board &amp; 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