CB chief appears before SPC on bond scam

21 Feb, 2017

Central Bank Governor Indrajit Coomaraswamy appeared before a Special Presidential Commission (SPC) today investigating the alleged treasury bond scam.

President Maithripala Sirisena had appointed the?three member commission to investigate the Central Bank treasury bond issue.

The three member commission comprises Supreme Court Judge K.T. Chithrasiri, P.S. Jayawardena and Retired Deputy Auditor General K. Velupillai.

The President had said that the commission will complete the investigations in three months.

Parliament had earlier debated the report by the?Parliament Committee on Public Enterprises (COPE) on the alleged bond scam.?(Colombo Gazette)

Recommended For You

No new coronavirus case detected in Sri Lanka

The Ministry of Health today insisted that no new coronavirus case has been detected in Sri Lanka. According to the Ministry of Health, reports that another patient has been confirmed as having the coronavirus in Sri Lanka was false. The Ministry of Health said that the only person who had the virus was a Chinese woman who was admitted to hospital for treatment. According to the Ministry of Health, the Chinese woman has since recovered and is in good health. (Colombo Gazette)

10 Feb, 2020

Speaker flags impending revenue crisis

Speaker Karu Jayasuriya today flagged the new government’s impending revenue crisis. ?Keeping the budget deficit under control is going to be a major challenge, and a key indicator of fiscal discipline,? Jayasuriya said in a twitter message today. The Speaker added, ?Loan installment moratoriums from friendly nations could help. Yet, the government income has to rise again while keeping inflation under control.? The current government has not yet revealed the actual revenue loss from its rece

10 Feb, 2020

UNP Working Committee fails to reach consensus

The United National Party (UNP) Working Committee (WC) has failed to reach consensus over the proposed name of the new UNP-led alliance and its proposed symbol. The proposed name of the new alliance is ?National Peace Alliance?, while a yellow heart has been proposed as the symbol. According to UNP General Secretary Akila Viraj Kariyawasam a majority of the members have proposed that the new alliance should contest the forthcoming parliamentary election under the ‘elephant’ symbol. UNP Parlia

10 Feb, 2020

Colombo Gazette is a leading news and entertainment website, covering stories related to Sri Lanka. The content consists of text based news, photos and videos and is linked to social media websites including Facebook, Twitter and Instagram, to provide a wider coverage for its stories.