header logo
Rhythms of Lanka
Mogo Academy
Latest
COPE report on bond scam sent to AG – Speaker
Jan 25, 201701:25 PM
COPE report on bond scam sent to AG – Speaker
Mobitel Inner

Speaker Karu Jayasuriya informed the Parliament today that the COPE report on the Central Bank bond issue will be forwarded the Attorney General. 

 

‍The Speaker stated that while the Members of Parliament had sought his opinion with regard to the next course of action on the report, he believes that a decision should be reached by the MPs themselves and that if they agree he would send the report to the AG.

 

The MPs had then agreed to forwarding the COPE report to the Attorney General. 

 

The parliamentary debate on the report of the Committee On Public Enterprises (COPE) regarding the controversial bond issue, commenced yesterday (25). 

 

The special COPE report was presented to the Parliament by the Chairman of the Committee On Public Enterprises MP Sunil Handunnetti on October 28, 2016.

 

The 55-page COPE report recommends that former Governor of the Central Bank Arjuna Mahendran should be held directly responsible over the bond transaction and that legal action should be taken against him and responsible individuals. 

 

The report also observed financial irregularities in the Central Bank bond issue and recommended to recover the losses incurred from those involved.

 

President Maithripala Sirisena has said that he will appoint a Special Presidential Commission of Inquiry to investigate the bond issue and recommend actions.

 

 

 

MostRead
Mobitel Upahara
VideoStories
Eight dead, over 11,000 affected by adverse weather Heavy rains expected after Thursday: Met. Dept.

Eight dead, over 11,000 affected by adverse weather Heavy rains expected after Thursday: Met. Dept.

Parliament heats up over judges’ retirement age 22A draft will be gazetted shortly: Justice Minister

Parliament heats up over judges’ retirement age 22A draft will be gazetted shortly: Justice Minister

“Chief Prelates did not oppose judicial reforms” Govt seeks to increase retirement age of all judges

“Chief Prelates did not oppose judicial reforms” Govt seeks to increase retirement age of all judges

Thai, Sri Lankan cultures celebrated at Thai festival 2026 held in Colombo

Thai, Sri Lankan cultures celebrated at Thai festival 2026 held in Colombo

 “There is another reason behind the rush” – Lawyers’ body questions judges’ retirement age move

“There is another reason behind the rush” – Lawyers’ body questions judges’ retirement age move

New Constitution, land issues take centre stage as Tamil and Muslim leaders meet President

New Constitution, land issues take centre stage as Tamil and Muslim leaders meet President

Mahara Prison Clash: Multiple investigations launched into Rs. 150 million damage

Mahara Prison Clash: Multiple investigations launched into Rs. 150 million damage

Bad weather wreaks havoc across Sri Lanka Warning for heavy rains, strong winds & landslides issued

Bad weather wreaks havoc across Sri Lanka Warning for heavy rains, strong winds & landslides issued

“Prisoners’ safety must be guaranteed by the govt” Several factions demand answers from Minister

“Prisoners’ safety must be guaranteed by the govt” Several factions demand answers from Minister

Mahara Prison unrest damage estimated at Rs. 150 million; Video evidence and masterminds under probe

Mahara Prison unrest damage estimated at Rs. 150 million; Video evidence and masterminds under probe

"Bringing smiles to little hearts" Children learn the art of kite-making at Derana Kite Workshop

"Bringing smiles to little hearts" Children learn the art of kite-making at Derana Kite Workshop

“Need to find out if it was controlled from outside”; Justice Minister on Mahara Prison unrest

“Need to find out if it was controlled from outside”; Justice Minister on Mahara Prison unrest

ADB extends $200M to help Sri Lanka tackle economic pressures from Middle East conflict

ADB extends $200M to help Sri Lanka tackle economic pressures from Middle East conflict

Ceypetco announces that fuel prices will remain unchanged in August

Ceypetco announces that fuel prices will remain unchanged in August

'Suwa Seriya' free ambulance service marks 10 years as India pledges 100 more ambulances

'Suwa Seriya' free ambulance service marks 10 years as India pledges 100 more ambulances

Lassana Flora