The Committee on Public Enterprises (COPE) has charged that the Central Bank of Sri Lanka (CBSL) and its Governor, Arjuna Mahendran were refusing to provide information pertaining to all Treasury Bond issues from 2015, concerning which a special investigation is being conducted.

Chairman of the COPE, Janatha Vimukthi Peramuna (JVP) MP Sunil Handunnetti said that subsequent to the issue coming up, Governor of the CBSL, Arjuna Mahendran, Secretary to the Treasury Ministry of Finance, Dr. R.H.S. Samarathunga and Secretary – Ministry of National Policies and Economic Affairs, M.I.M. Rafeek had been summoned and been directed to provide all the complete details relating to such on or before June 15.
They cannot withhold information from the COPE and refuse to cooperate with the investigation, he added.

“The Auditor General was ordered to conduct a special investigation into the bond issues during the said period, which included all the details. We will submit the report to the Parliament by the end of this month,” he remarked.

Meanwhile, it must be noted that civil society organizations like the Anti-Corruption Front had previously noted that an official high up in the CBSL had ordered the erasure of data (including data on computers) related to recent Treasury bond issues, which may contain evidence of financial crimes being committed. Mahendran was not available for a comment.

  • T Leonard

    “COPE cries foul CBSL uncooperative”
    Shocking not doubting Honest Mahendran RW’s best mate as I understand working all hours in the day to get Sri Lankan economy to pass the Singapore then to better things and also without pay as a favor to his mate RW only with a no limit CC card for expenses. Rumor has it even his son-in-law Aloysius is helping the CB as unpaid volunteer.