CB Governor to take leave during probe: PM

CB Governor to take leave during probe: PM

March 17, 2015   03:09 pm

Prime Minister Ranil Wickramasinghe on Tuesday (17) informed the Parliament that Central Bank Governor Arjuna Mahendran will be on leave until investigation on the treasury bonds issue is concluded.

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 last week appointed a three member committee to investigate alleged irregularities surrounding the bond issue.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

Ex-President Mahinda's Chief Security Officer remanded (English)

Ex-President Mahinda's Chief Security Officer remanded (English)

“It is humans who destroy the environment, but it is also humans who can protect it” – PM (English)

SLS certification to be made mandatory for plastic bottles and children's items from April 2026 (English)

Bribery Commission expresses concern over misleading statements (English)

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana 12.00 Midday News Bulletin

Gazette to be issued making it mandatory for traders to charge fee for plastic shopping bags (English)

Chinese envoy hails 'multi-faceted' bilateral exchanges between Sri Lanka and China (English)