The Day Brief of November 21, 2017

1. PM Wickremesinghe says he didn’t know that Arjuna Aloysius had any role in Perpetual Treasuries; also confirms that he directed former Governor Arjuna Mahendran to ‘consider’ issuing Treasury Bonds by public auctions, but expected him to follow due process; says he trusted Mahendran’s assurance regarding conflict of interest

2. Bond Comm says it was the Commission that requested the Attorney General to question PM; provides detailed clarification about the responses sought from the PM and also thanks the PM

3. PM says no policy decision to ask State Banks to make low bids at Bond auctions

4. Former President Mahinda Rajapaksa says the Bond Scam is the world’s largest robbery; laments that some COPE Members who were appointed to inquire into the scam were also with the rogues

5. Bodu Bala Sena’s Venerable Galagodaaththe Gnanasara threatens to ‘box’ respected Journalist C A Chandraprema’s ears

6. Corporate earnings decrease by 3% year-on-year in the 3rd Quarter 2017

7. Petroleum Minister says enough fuel for 3 weeks and that three ships carrying more fuel will arrive in 2 weeks

8. S&P Rating Agency revises Sri Lanka’s outlook to ‘stable’ from ‘negative’: but, rating still below 2014 rating and outlook level; cautions that political landscape is fragmented and debt servicing is the third worst amongst its rated sovereigns

9. Sri Lanka manage to stop losing streak in Cricket; bad light helps to draw Test in Kolkata

10. Leader of TNA and Opposition R Sampanthan says Tamils committed crimes only for political reasons and not for personal benefit

Have a ‘political’ Tuesday

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