COPE report proves CB governor intervened in scam: JVP

2 July 2015 11:19 am Views - {{hitsCtrl.values.hits}} 7 Bookmark

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The JVP today alleged it was clear from the written evidence in the Committee on Public Enterprises (COPE) report that Central Bank Governor Arjun Mahendran had intervened in the Central Bank Treasury bond issue.

Former JVP MP Sunil Handunneththi told a news conference that they had produced even the audio records of the agents to the COPE.

Mr. Handunneththi said if the government wanted to submit the COPE report to parliament, it could have done so but certain UNPers wanted to deter it being presented in parliament citing various reasons.

He said it was the JVP which revealed the inside trading of the Central Bank and that it should be discussed in parliament.

Mr. Handunneththi said it was only the Share market which was manipulated in the past but with this Bond issue even the bond market had been manipulated.

He said the Bank of Ceylon had bought Rs. 5 billion worth Treasury Bonds for the Perpetual Treasuries on just a phone call.

“The Central Bank incurred big losses due to this issue and the Bank of Ceylon also had incurred a loss as it could have bought those bonds itself being a registered bond agent,” he said.

Mr. Handunneththi said there had been such insider trading in the past as well and urged that the loopholes in the system be rectified so that such frauds would not happen in the future.(Ajith Siriwardana)

Comments - 7

Aruna Thursday, 02 July 2015 05:29 PM

No, no no!. There are corruptions, no robbers in YAHAPALANAYA.

2 20

maheshika Thursday, 02 July 2015 05:52 PM

Mr Handunnetthi, Plese do not try to grab all the credits to yourselfe. You all (JVP) let the cat out of the bag when ever you speak. This speach indirectly aiming at MR.Why did not you speak out about this before the dessolution of Parliament?Why are you still supporting those involved in illigal money laundering?

7 17

Libtard Thursday, 02 July 2015 06:16 PM

Ho ho COPE report has alleged involvement of UNP politicians too. Is JVP trying to protect those by pointing finger only at CB governor?

3 24

Damien Thursday, 02 July 2015 06:26 PM

The JVP has finally woken up. JVP has realized that if they continue their tacit support for UNP then they too will end in the political dustbin.

3 13

Mason Thursday, 02 July 2015 06:31 PM

It is not too late, even at this late hour for CB Governor to resign and the UNP must see to it that it is done. This will save face and the party would have a better chance in the Polls. If this is not done, it goes without saying that UNP too is a corrupt party like the UPFA.

4 13

Krisna Thursday, 02 July 2015 09:35 PM

Sorry, you also support UNP bond deals

2 7

Das Thursday, 02 July 2015 11:02 PM

If for 100 days UNP chairman whacked billions, imagine if they come after election.Enough is enough. Both Parties robbing poor mans money for past 50 years. Now is the time for a real Pressure Group to power and stop this Robberies.

4 16

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