Mahinda Rajapaksa expresses views on CBSL bond transaction and commissions allegedly “earned”

Mahinda Rajapaksa expresses views on CBSL bond transaction and commissions allegedly “earned”

Mahinda Rajapaksa expresses views on CBSL bond transaction and commissions allegedly “earned”

Written by Staff Writer

29 Jun, 2015 | 9:23 pm

Speaking in Katugastota on Sunday, June 28, former president Mahinda Rajapaksa expressed  views on the controversial Central Bank bond transaction but stopped short of going into details of the as yet unreleased COPE report.

He charged that the Police Financial Crimes Unit had been set up by the prime minister using an archaic piece of legislation.

Former President Mahinda Rajapaksa stated that when the head of CBSL was allowed to oversee the bond auction, the interest rate which was 8% was increased to 13%. The very next day it was brought back to 7 to 8% and they earned a commission of one and a half billion which is not an insignificant amount.

He went on to note that he does not want to talk about the COPE report since he would be questioned as to how he was in possession of it. He said that the FCID is being used to eliminate their enemies or contenders.

He added that there is an act under article 55 which establishes shoe and belt polishes, which is the very article that has been used to establish the new police unit.

He added that the Prime Minister himself should be present and when he lodges a complaint and that the police cannot investigate it.

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