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.