The Presidential Commission of Inquiry to Investigate and Inquire into Serious Acts of Fraud, Corruption and Abuse of Power, State Resources and Privileges (PRECIFAC) a short while ago to recorded a statement from former SLBC Chairman Hudson Samarasinghe over an alleged financial irregularity.

A senior official of the PRECIFAC said a statement was recorded from Mr. Samarasinghe with regard to a complaint that there had been some financial irregularity when entering into an agreement with the Coconut Development Authority on its publicity campaign.

He said Mr. Samarasinghe had been a board member of the Coconut Development Authority and Chairman of the SLBC when the alleged transaction had taken place.

Mr. Samarasinghe had given a statement for about four hours. (Ajith Siriwardana)