Sri Lanka commission recommends prosecution of ex-minister
Posted on January 3rd, 2018


COLOMBO, Sri Lanka –  Sri Lanka’s president said Wednesday that a commission he appointed to investigate alleged irregularities in the sale of treasury bonds has recommended the prosecution of the country’s former finance minister on bribery charges.

Making a special statement, President Maithripala Sirisena said the commission has also recommended criminal action against Karunanayake for allegedly giving false evidence before the commission. He said he has sent the inquiry report to the attorney general for legal action.

Karunanayake has previously denied the allegation, saying the apartment deal was handled by his family and he was unaware of the parties involved.

The businessman in question is the son-in-law of former Central Bank Governor Arjun Mahendran, who the report says is responsible for leaking inside information and of interfering with bond auctions.

Sirisena said that according to the report, the company of the Central Bank governor’s son-in-law made profits exceeding $72 million in a short time span and the losses to the state from the dealings were around $55 million.

The scandal has tainted the reputation of Sirisena’s government, which came to power promising to eradicate corruption.

3 Responses to “Sri Lanka commission recommends prosecution of ex-minister”

  1. Christie Says:

    Prosecuting a minister or anyone else is a cunning way to pacify the gullible masses who lost more than 11 billion Rupees.

    What we need is immediate recovery of the money lost and penalties and interest to compensate the loss.

    Those involved should be immediately arrested until the money is recovered.

  2. Cerberus Says:

    Ravi is a fall guy for the biggest traitor Ranil. Ravi will be given a handsome package for being the fall guy and will retire to a comfortable clime abroad.

  3. helaya Says:

    I agree with Cerberus. I hope masses will not fooled by this show.

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