President promises to implement recommendations of commission reports to ‘punish thieves and recover money stolen from public’

Maithripala Sirisena yesterday assured to take action to implement the recommendations made in the reports of the two Presidential commissions in order to “punish the thieves and recover the money stolen from the public.”

The President said, he launched a special program today to take necessary legal action to implement the recommendations in the reports of the Presidential Commission of Inquiry (PCoI) into the Bond Issuance of the Central Bank of Sri Lanka and the report of the Presidential Commission of Inquiry to Inquire and Investigate into Serious Acts of Fraud and Corruption (PRECIFAC),

The President held a discussion today at the Presidential Secretariat with relevant authorities to discuss the actions need to be taken on the final reports of the two commissions. The discussion focused on the legal status and the other relevant issues.

Among those present at the discussion were Attorney general, the Governor of the Central Bank, and the Director General of the Commission investigating Bribery and Corruption.

The principal recommendations of the Bond Commission report include the concluding the investigations, legal action to be taken on certain persons, and the amendments to be made on certain clauses of the law and also formulating new laws as necessitated by these issues.

The framing of new laws includes how to prevent similar situations in the future.

Attention was also drawn on the actions to be taken on the people who were involved in the frauds and corruption activities and People responsible for fraud against the state, and the employers’ Provident Fund, and how to claim the losses.

Also discussed were the punishments to be meted out to those government servants who have aided and abetted in the corrupt activities.

The Attorney General and the Director General of Bribery and Corruption Commission are to take action needed to be taken in courts and people, directly and indirectly, involved in these crimes will be dealt with according to the Penal Code Public Property Act.

To prevent recurrences of such incidents in the future, the President instructed the relevant officials to amend the laws of the Monetary Board and the government Law Department and the Central Bank.

The President also recommended releasing the reports on the internet so it can get the attention of the general public.

Leave a Reply