header logo
SLIC
Rhythms of Lanka
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
President Anura Kumara vows not to exercise powers  beyond constitutional limits

President Anura Kumara vows not to exercise powers beyond constitutional limits

Lanka Coal Company says around 40 coal shipments  scheduled to arrive next year

Lanka Coal Company says around 40 coal shipments scheduled to arrive next year

 President meets BASL members to discuss proposal on judges’ retirement age extension

President meets BASL members to discuss proposal on judges’ retirement age extension

 Former MP Patali Champika says judicial independence cannot be treated like a company

Former MP Patali Champika says judicial independence cannot be treated like a company

Chief Prelate of Malwathu Chapter says no response received to letter on judges’ retirement age

Chief Prelate of Malwathu Chapter says no response received to letter on judges’ retirement age

Minister T.B. Sarath says neurotech machinery to be introduced to agriculture sector

Minister T.B. Sarath says neurotech machinery to be introduced to agriculture sector

Rosamund Pike says Sri Lanka nears completion of landmine clearance after 25 years of progress

Rosamund Pike says Sri Lanka nears completion of landmine clearance after 25 years of progress

Sri Lanka suspended executions in 1975; Will President Anura Kumara sign an execution order?

Sri Lanka suspended executions in 1975; Will President Anura Kumara sign an execution order?

Lanka Metro Transit to roll out  112 more low-floor buses in September

Lanka Metro Transit to roll out 112 more low-floor buses in September

SLPP General Secretary Sagara Kariyawasam released on bail Court imposes foreign travel ban

SLPP General Secretary Sagara Kariyawasam released on bail Court imposes foreign travel ban

 “This is nothing but a dishonest move” Fresh debate over proposal to extend judges’ retirement age

“This is nothing but a dishonest move” Fresh debate over proposal to extend judges’ retirement age

Cardinal opposes death penalty; Colombo Archdiocese reaffirms support for Easter Sunday victims

Cardinal opposes death penalty; Colombo Archdiocese reaffirms support for Easter Sunday victims

“Is this really the country’s biggest problem?” Sajith questions judges’ retirement age proposal

“Is this really the country’s biggest problem?” Sajith questions judges’ retirement age proposal

Govt. defends 22A draft gazette Opposition says govt. demonstrating a dictatorial approach

Govt. defends 22A draft gazette Opposition says govt. demonstrating a dictatorial approach

“I stayed on until tariff was brought down” Mahinda Samarasinghe rules out return to active politics

“I stayed on until tariff was brought down” Mahinda Samarasinghe rules out return to active politics

Lassana Flora