President duty-bound to study report including Bond Issue dealings: DEW
Posted on July 3rd, 2015

Adaderana

President Maithripala Sirisena is duty-bound to study the 447 page report issues by the Parliamentary Committee on Public Enterprises or COPE which includes the Bond Issue controversy where there are allegations against the Central Bank Governor, pointed out former COPE Chairman DEW Gunasekera.

While speaking in Colombo today (03 July), he said that the committee had taken about one month to prepare this report and that he expects the next Parliament to act on this report which includes all details regarding the Bond Issue controversy.

If the President, who is the Executive, has the right, the responsibility, the authority then let him call for the report and read it. Sovereignty now rests only with President Maithripala Sirisena. If he has such authority then he need not ask anybody. If he calls for this report and goes through he could come to a conclusion,” Said DEW Gunasekera.

This report could not be submitted to Parliament since it had been dissolved unexpectedly and in haste. If there had been one week’s time it could have been submitted to Parliament,” he added.

Though the three-member committee appointed by the Prime Minister to investigate into the Bond Issue affair had taken three months for this, finally it had released only a three-page report.

There were better options of borrowing other than issuing bonds

There were alternate ways of borrowing without issuing international bonds. It these methods had been resorted to then the government could have borrowed at far lesser interests, pointed out DEW Gunasekera.

3 Responses to “President duty-bound to study report including Bond Issue dealings: DEW”

  1. Senevirath Says:

    කෝ බැංකු හොරා රනිල් ට චන්දෙට කොටසක් දීල පැනල ගිහිල්ලද

  2. Fran Diaz Says:

    “Weathercock” President Sirisena, blowing with the winds of favor for UNP, may or may not study the Report on the Bond Issue.
    The organisation owned by another Mahendran imported the many container loads of Glyphosate into Lanka. The whereabouts of this consignment of Glyphosate seems to be yet unknown. The President ought to look into this matter too since he banned the use of Glyphosate himself.

  3. Susantha Wijesinghe Says:

    PRESIDENT HAS MANY IRONS IN THE FIRE. BOND ISSUE IS NOT A PRIORITY FOR HIM.

    HE APPEARS TO BE IN A STATE OF CONFUSION. POLITIKKAS ARE PUSHING HIM TO TAKE MANY DECISIONS. Hope wise counsel will prevail.

    ABOUT THE FUTURE OF THE COUNTRY, HE HAS NO CLUE.

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