The heads of three state banks who appeared before
the presidential commission on inquiry which investigating on central bank bond scam issue today (04) have stated that former Finance Minister Ravi Karunanayake has instructed them to bid at lower rates in the controversial issuance of Central bank bonds and state banks had experienced severe loss due to this.
The heads of three state banks including chairmen of peoples bank,Bank of ceylon and National savings bank had appeared before the commision today to give evidence on Central bank bond scam.
The three state bank heads have stated that the former finance minister Ravi Karunanayake who resigned from his ministerial portfolio recently over his involvement with the main suspect of the Bond scam Arjun Aloysius had instructed each bank to submit bids with the value of Rs.7.5 billion.
The heads of three state banks including chairmen of peoples bank,Bank of ceylon and National savings bank had appeared before the commision today to give evidence on Central bank bond scam.
The three state bank heads have stated that the former finance minister Ravi Karunanayake who resigned from his ministerial portfolio recently over his involvement with the main suspect of the Bond scam Arjun Aloysius had instructed each bank to submit bids with the value of Rs.7.5 billion.
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