Bond scam

Image: UNP Prime Minister (Ranil Wickremesinghe) and his inner coterie had not robbed the Central Bank of Sri Lanka … As Sri Lanka’s Presidential election counts down to a tense culmination in two weeks, let us have the comfort of imagining in a parallel and more hopeful universe, that following the crushing defeat of the Rajapaksas […]

  Image: Jubilant Prime Minister Ranil Wickremesinghe gestures along with Health Minister Dr. Rajitha Senaratne after the vote on the No Confidence Motion – AFP Prime Minister Ranil Wickremsinghe yesterday emerged victorious after he managed to decisively defeat the much anticipated No-Confidence Motion with a comprehensive majority of 46 votes and will meet President Maithripala […]

Prof. Jayadeva Uyangoda. As the media predicted last week, alluding to an off-guard comment made by a junior member of the Attorney-General’s legal team of the Presidential Commission of Inquiry into the Central Bank bond scam, a star witness has turned the public discussion on high profile corruption into a major political drama. In half […]

Image: Minister Karunanayake checking his nose to make sure is it growing! The Centre for Policy Alternatives (CPA) has followed recent media reports of the proceedings of the Commission of Inquiry to investigate the issuance of Treasury Bonds with increasing concern. The reported allegations of financial misconduct and conflicts of interest are extremely serious and […]

Image: Former FM Karunanayake taking to media after appearing at Bond Commission ( credit:DN) Minister Ravi Karunanayake yesterday defended himself before the Bond Commission, insisting that he did not know of any of the transactions entered into by his wife and daughter and their connected companies with regard to the Penthouse Apartment at the Monarch […]

( Arjun Mahendran: UNP plan is to save the real culprit and file a bogus case!) Anti-Corruption Front (ACF) calls for an independent presidential commission to investigate the two controversial treasury bond scams following reports that there is a possibility of two separate reports by the Committee on Public Enterprises (COPE). AS there is an […]

(Perpetual Treasuries owner Arjun Aloysius; image from Sri Lanka Morror) Deputy Governor of Sri Lanka Central Bank Dr. W.A. Wijewardene says that the profit earned by the Perpetual Treasuries was not 5200 million but 10,000 million. He has said this in an interview with  Mr. Faraz Aly  on the News First channel. Dr. W.A. Wijewardene […]