COPE to summon CBSL, Finance Ministry officials again over bond scam issue

The Committee on Public Enterprises is to summon officials of the Central Bank and Finance Ministry once again.

The objective of summoning these officials is to get a feedback on the steps taken by the Central Bank and the Ministry of Finance to implement the recommendations made by COPE in its report on the investigation of the 2015 bond issue.

According to MP Sunil Hadunnetti, Chairman of the COPE Committee, the COPE report into the controversial bond issuance was submitted to parliament on October 28, 2016 and the report has clearly stated that the steps taken in this regard by the Central Bank and the Ministry of Finance need to be communicated to parliament.+

He further stated that they will be recalling members of the Central Bank in order to inform parliament, and once the presidential commission report is tabled in parliament, they hope to discuss this  at COPE and summon the Central Bank officials.

“This is our duty to parliament. Summoning officials of the Central Bank means we will be summoning officials of the Ministry of Finance as well. We hope to bring in the secretary to the Ministry of Finance as well as the Secretary to the Ministry of National Policies and Economic Affairs because the central bank is under this ministry”, said MP Sunil Hadunnetti, Chairman – COPE.

Meanwhile, Director General of the Commission to Investigate Allegations of Bribery or Corruption, President’s Counsel Sarath Jayamanne, stated the Bribery Commission has received the report compiled by the Bond Commission.

He noted that officials are in the process of examining the recommendations of the report and investigations would begin soon.

Earlier this week, it was announced that a copy of the report of the Presidential Commission of Inquiry has been handed over to the Governor of the Central Bank of Sri Lanka.

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