header logo
Mogo Academy
Latest
UPFA MPs file complaint against Central Bank Governor
Mar 11, 201510:25 AM
UPFA MPs file complaint against Central Bank Governor
Mobitel Inner

UPFA Parliamentarians Mahinda Amaraweera, Jagath Pushpakumara and Eric Weerawardena have gone to the Bribery Commission to file a complaint against the Governor of the Central Bank over the treasury bonds issue.

 

The Sri Lankan-born international banker, who was only appointed to the post on January 23, has been in the spotlight recently due to the controversy surrounding a Treasury bond issue by the Central Bank of Sri Lanka (CBSL).

 

There had been rising concerns in bond markets over controversial deals made over the past week by Perpetual Treasuries, a firm connected to Arjun Aloysius, the son-in-law of Governor Arjuna Mahendran.

 

President Maithripala Sirisena on Monday appointed a three member committee to investigate alleged irregularities surrounding the bond issue.

 

The money markets were in an uproar on Friday, February 27 when the CB announced it was accepting bids worth Rs. 10 billion at 9.50-12.50 per cent whereas clients and most primary dealers had made bids between 9.50 and 10.50 per cent, not in the 11-12 per cent range. Only a few bids, including those by Perpetual Treasuries were made in the 12 per cent range.

 

The JVP has called for the Governor to step down until the probe launched into the bond issue is concluded.

 

 

 

MostRead
Mobitel Upahara
VideoStories
“Dengue threat will persist for four weeks "Total number of infections in 2026 surpasses 61,000

“Dengue threat will persist for four weeks "Total number of infections in 2026 surpasses 61,000

“Govt. must be held accountable for loss of life ”Independent probe called into Negombo Prison Clash

“Govt. must be held accountable for loss of life ”Independent probe called into Negombo Prison Clash

“Belittling honors bestowed on war heroes unacceptable” - Gammanpila on remarks by AG Dept. official

“Belittling honors bestowed on war heroes unacceptable” - Gammanpila on remarks by AG Dept. official

Death toll in Negombo Prison Clash climbs to 26 Justice Minister accepts responsibility for incident

Death toll in Negombo Prison Clash climbs to 26 Justice Minister accepts responsibility for incident

Negombo Prison Violence: Two dead, 28 hospitalized;  Drug kingpin linked to deadly clash?

Negombo Prison Violence: Two dead, 28 hospitalized; Drug kingpin linked to deadly clash?

“Many insults are being hurled at Buddhist monks” Asgiri Chief Prelate calls for unity among clergy

“Many insults are being hurled at Buddhist monks” Asgiri Chief Prelate calls for unity among clergy

Agriculture Minister links excess rice consumption by public to high rate of diabetes in Sri Lanka

Agriculture Minister links excess rice consumption by public to high rate of diabetes in Sri Lanka

Dengue cases continue to soar as deaths rise to 39; PHIs intensity operation against dengue

Dengue cases continue to soar as deaths rise to 39; PHIs intensity operation against dengue

 Prices of multiple food items reduced from midnight today

Prices of multiple food items reduced from midnight today

Several farmers continue protests, demanding fair guaranteed paddy prices

Several farmers continue protests, demanding fair guaranteed paddy prices

Dengue cases continue to spike across several districts of the island

Dengue cases continue to spike across several districts of the island

Former Navy Commander Wasantha Karannagoda granted bail on two surety bonds

Former Navy Commander Wasantha Karannagoda granted bail on two surety bonds

Rakitha Rajapakshe, Charith Abeysinghe and another further remanded until July 17

Rakitha Rajapakshe, Charith Abeysinghe and another further remanded until July 17

Opposition Leader accuses Govt. of failing to honour its election promises

Opposition Leader accuses Govt. of failing to honour its election promises

Agriculture Minister vows to implement all possible measures to address farmers' concerns

Agriculture Minister vows to implement all possible measures to address farmers' concerns

Lassana Flora