COPE report submitted, legal action sought on Arjuna

28 Oct, 2016

The Committee On Public Enterprises (COPE) submitted the report on the alleged Central Bank bond scam to Parliament today.

The report recommends that legal action be taken against former?Central Bank Governor Arjun Mahendran over the bond scam.

COPE chairman Sunil Handunneththi presented the report to Parliament when the House met today.

Handunneththi said that the final report was not changed from the original document despite some divisions in the COPE committee.

Prime Minister Ranil Wickremesinghe said that the Government will respect the report and proposed that it be sent to the Attorney General for further action.

The joint opposition called for a debate in Parliament on the contents of the report.?Wickremesinghe said the Government is ready to debate the report once it is printed.?(Colombo Gazette)

Recommended For You

Sri Lanka and Pakistan discuss financial security of Priyantha Kumara’s family

Foreign Minister?Professor G L Peiris had a meeting with the Acting High Commissioner of Pakistan in Colombo?Tanvir Ahmad today to discuss the matters relating to financial security / compensation of the family of late Priyantha Kumara who was killed by a mob in Sialkot area, Pakistan last week. While highlighting the long-standing friendship and trust between Pakistan and Sri Lanka, the Minister expressed confidence that the Pakistan Government would take required steps that the family of late

09 Dec, 2021

Central Bank takes action against leading money changers

The Central Bank of Sri Lanka has taken action against leading money changers, accusing them of conducting foreign exchange transactions at rates higher than what has been approved. In response to several complaints that certain Authorized Money Changers are engaged in activities which are not in compliance with the Directions issued under the provisions of the Foreign Exchange Act No. 12 of 2017 (FEA), the Central Bank said it is conducting a series of spot examinations at the places of Author

09 Dec, 2021

US blacklists Chinese firms as ?military end-users?

Hong Kong, November 29 (ANI): The US government has put several Chinese, Russian and Pakistani companies on a trade blacklist and included them in the ?military end-user? (MEU) entity list. Last week, the United States blacklisted 27 foreign entities, including 12 from China, over national security concerns and the foreign policy interests of the United States. Apart from the 12 Chinese entities, the list contains entities from Japan, Pakistan and Singapore, as well as one entity based in Russi

09 Dec, 2021

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.