Sri Lanka’s Prime Minister says “nothing to hide” on the Treasury Bond issue
By Shamindra Ferdinando
Prime Minister Ranil Wickremesinghe yesterday said the government hadn’t taken any policy decision to instruct the state-owned banks to make bids at the treasury bond auctions at lower interest (yield) rates.
PM Wickremesinghe said so answering a question posed by Attorney General Jayantha Jayasuriya, PC, who led the Attorney General’s Department team assisting the Presidential Commission of Inquiry probing treasury bond scams involving the Central Bank of Sri Lanka and Perpetual Treasuries Pvt Ltd (PTL).
The commission comprises Supreme Court judges K. T. Chitrasiri (Chairman), P. S. Jayawardena and retired Deputy Auditor General K.Velupillai.
Asked whether the state banks had made bids at lower yield rates in accordance with a government poli...
