President appoints committee to investigate ‘irregularities’ in CBSL bond issue

President appoints committee to investigate ‘irregularities’ in CBSL bond issue

President appoints committee to investigate ‘irregularities’ in CBSL bond issue

Written by Lahiru Fernando

09 Mar, 2015 | 12:55 pm

President Maithripala Sirisena has appointed a three-member committee to investigate alleged irregularities surrounding the latest bond issue of the Central Bank of Sri lanka, after accusations of insider trading were levelled.

The President’s Media Division, issuing a statement, noted that the president has been paying close attention to media reports regarding such irregularities.

Furthermore, the president had ordered that strict legal action be initiated against those responsible, whatever their status, if the investigation report reveals that irregularities had taken place.

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