Thursday, October 27, 2016

Special COPE Report On Controversial Central Bank Bond Scam Issue Presented To The Parliament

Image result for COPE REPORTA special COPE(Committee On Public Enterprises) Report on the controversial Central Bank's  Bond Scam Issue was presented to the Parliament short while ago by the chairman of COPE,MP Sunil Handuneththi.

The 55 page COPE Report includes 15 recommendations and observations  regarding the Central Bank's Bond Scam Issue including to take legal action against former Central Bank Governor Arjuna Mahendran who the COPE charged as directly involved in the Bond Transaction which caused the loss of billions of rupees belonging to the Treasury  and to take legal action against him and others who are responsible for it according to the COPE  Chairman.

The report has also observed the financial irregularities of the Bond Scam and recommended to recover  the losses incurred from those involved in this scam.

Sixteen members of the COPE had reported as rejected a Report with footnotes and Nine members had rejected a Report without footnotes MP Handuneththi has stated.

Meanwhile former Central Bank Governor Arjuna Mahendran who is in center of the Bond Scam issue had left the country  it has been reported.However He had left the country to attend a wedding and  is due to return shortly the Prime Minister Ranil Wikrmasinghe has stated.

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A Sudden Fire Erupted In A Tyre Shop At Armour Street

A sudden fire has broken out at a tyre shop near Armour street in Grandpass this evening (29) causing severe traffic congestion in the area....