News

Prime Minister says will ensure legal action on corrupt practices

04 Jan, 2018

Prime Minister Ranil Wickremesinghe says the Government will ensure legal action is taken on corrupt practices which occurred since 2008.

A statement by the Prime Minister’s office said that the Prime Minister backs the move to submit the report by the?Presidential commission investigating the treasury bond scam to the Attorney General’s Department to initiate legal action.

According to the report?the public suffered a loss of?Rs. 11.5 billion as a result of the?treasury bond deal.

The Commission is of the opinion that similar incidents as revealed in the Commission Report had occurred even in 2008. The Commission recommended that the Central Bank of Sri Lanka should first conduct a forensic audit with regard to the alleged fraud and corrupt practices from 2008 and based on such findings legal steps should be taken.

The Prime Minister’s office said that Prime Minister Ranil Wickremesinghe backs that proposal.

The Prime Minister also thanked the commission for the investigations it conducted on the alleged treasury bond scam. (Colombo Gazette)

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