Bond Scams: Legal action depends on probe results, Wijayadasa tells Parliament
Posted on April 5th, 2017

By Saman Indrajith Courtesy The Island

It was on the basis of the findings of the CID and Presidential Commission of Inquiry investigations into the alleged bond scams that the government would have to decide whether to institute against Perpetual Treasuries, Justice Minister Wijayadasa Rajapakshe told Parliament yesterday.

Minister Rajapakshe said so in response to a question raised by UPFA MP Mahindananda Aluthgamage, who demanded to know whether the minister was aware that the COPE (Committee on Public Enterprises) had revealed that there had been irregularities in the purchase of treasury bonds by the Perpetual Treasuries and whether the CID had carried out an investigation into the incident in 2015.

The Minister said that the CID had informed the Attorney General’s Department that it had not conducted an inquiry in 2015 into the issuance of treasury bonds in 2015. However, based on the instructions given by the Attorney General on 10.01.2017 in respect of a written complaint lodged with the IGP on 15.11.2016 regarding the issuance of treasury bonds by the Central Bank, the CID had commenced an investigation which was now in progress.

UPFA MP Bandula Gunawardena, raising a supplementary question, demanded to know whether the government could give an exact timeframe for taking legal action, the minister said that the decision on the legal action would be taken only after receiving the reports of the Presidential Commission of Inquiry and findings of the CID investigation.

8 Responses to “Bond Scams: Legal action depends on probe results, Wijayadasa tells Parliament”

  1. Ananda-USA Says:

    Only TWO YEARS after the Bond Scam had taken place and an investigation into the BIGGEST FINANCIAL LOSS incurred by the nation was DEMANDED by Members of Parliament, that the Yamapalana GOVT sees fit to conduct a FORMAL INVESTIGATION that is now in “PROGRESS”??

    These guys are ASLEEP AT THE WHEEL, or are DEAF & DUMB, or as is MUCH MORE likely COMPLICT in the BOND SCAM themselves and are DESPERATELY TRYING to COVER UP!

    Meanwhile, the CID has the TIME & ENERGY to INVESTIGATE & PROSECUTE every MINUTE ALLEGATION into crimes by the PREVIOUS GOVERNMENT!

    CLEARLY a HORA-PALANAYA, not a YAHA-PALANAYA!

  2. Fran Diaz Says:

    NO PATRIOTISM from Yahap top leaders re the CB Bond Scam !
    Covering up for RW’s appointee as Governor of the CB ?

    Justice delayed is Justice denied, to ALL in Lanka.

  3. dhane Says:

    No action or case will be file until 2020. Sira keep quite to see whether Ranil will contest against him in 2020 and pull the string in time to keep him away. Sira is master “cut throatier”

  4. Fran Diaz Says:

    What dhane says is likely correct.

    Prez has put an ASP in the CID in charge of the case.

  5. Lorenzo Says:

    This CROOKS saving CROOKS system will NEVER punish CROOKS.

    This is like the prayer OUR FATHER……..

    “forgive our sins as we forgive those who sin against us.”

    UNP forgives JO sins.
    JO forgives UNP sins.
    Sirisena forgives UNP sins.
    Sirisena forgives JO sins.

    No MP talks about Sirisena’s sins!!

  6. Cerberus Says:

    Dhane, You are right. My3 has got MR on a leash and also RW on a leash. He is supposed to have all kinds of files from the Presidential Commission and CID and he is not taking any action on anything until the right time comes which is election time. At that time like at the January’15 he will buckle MR like he did earlier. He will also buckle RW by pulling out the bond scam details and taking legal action. This is why this fairly open and shut case has been dragged on for so long.

  7. Dilrook Says:

    This is simply governance by blackmail. It is nothing new and has been happening at least since 1994.

    Ranil and Mahinda have found common ground in threatening Sirisena with a possible abolishing of executive presidency (as Sirisena promised but now forgotten). UNP and JO have 157 seats. With the JVP it will be 163 seats. However, about 10 MPs in the UNP are Sirisena loyalists who will block it. However, they cannot reduce it below 150 seats.

    Alternatively, they can impeach the president but JVP and TNA will not join in. Getting Supreme Court approval will also be nearly impossible as the judges are appointed by the president and Sirisena has not done anything falling under treason or other offences under which the president can be impeached.

    From a political point of view, creating maximum friction between SLFP (Sirisena) and UNP will accelerate their fallout. Mahinda must resign from the SLFP and form his own party.

  8. Fran Diaz Says:

    For a country having so many problems (some of it self created), it is best if ALL the politicos get together and do the necessary work.
    Political squabbling will be the last thing the people want, though it may happen.

    The most trustworthy politicos must get together to move forward, and that certainly does NOT include the RW/CBK duo !!!

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