{"id":173168,"date":"2017-01-27T16:23:59","date_gmt":"2017-01-27T10:53:59","guid":{"rendered":"https:\/\/www.colombotelegraph.com\/?p=173168"},"modified":"2017-01-27T16:42:10","modified_gmt":"2017-01-27T11:12:10","slug":"sirisena-appoints-presidential-commission-to-investigate-bond-scam","status":"publish","type":"post","link":"https:\/\/www.colombotelegraph.com\/index.php\/sirisena-appoints-presidential-commission-to-investigate-bond-scam\/","title":{"rendered":"Sirisena Appoints Presidential Commission To Investigate Bond Scam"},"content":{"rendered":"<p>As promised last week, President Maithripala Sirisena has today appointed a three member special presidential commission to investigate the <a href=\"https:\/\/www.colombotelegraph.com\/?s=bond+scam&amp;x=7&amp;y=10\">bond scam<\/a> at the Central Bank, allegedly committed by ex-Governor Arjuna Mahendran.<a href=\"https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2015\/07\/Maithripala11.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-thumbnail wp-image-147482\" src=\"https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2015\/07\/Maithripala11-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" srcset=\"https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2015\/07\/Maithripala11-150x150.jpg 150w, https:\/\/www.colombotelegraph.com\/wp-content\/uploads\/2015\/07\/Maithripala11-50x50.jpg 50w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a><\/p>\n<p>The commissioners comprises: Supreme Court Judges\u00a0Kankani Tantri Chitrasiri,\u00a0Prasanna Sujeewa Jayawardena and retired deputy Auditor General\u00a0Velupillai Kandasamy.<\/p>\n<p>In a tweet on Sunday, Sirisena said, \u201cI will appoint a Special Presidential Commission of Inquiry this week to investigate the Central Bank bond issue and recommend actions.\u201d<\/p>\n<p>In November last year, Sirisena said that the judiciary must decide on the bond scam, and it was not a matter to be interfered by politicians.<\/p>\n<p>According to the Auditor General the country lost Rs. 1.6 billion due to the scam at the Central Bank which occurred during the term of Mahendran.<\/p>\n<p>A 55 page report by COPE in October found Mahendran guilty as he was directly responsible for the Treasury Bond transactions at Central Bank in 2015 and 2016. The scam resulted in the country losing Rs. 1.6 billion, while primary dealer of Central Bank, Perpetual Treasuries Limited, which is linked to Mahendran\u2019s son-in-law Arjun Aloysius, recorded a profit of Rs. 5 billion for the year that ended in March 2016, an increase of 430% in profits in comparison to the previous year at the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":149081,"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-173168","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>Sirisena Appoints Presidential Commission To Investigate Bond Scam - 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