UNP made failed attempt to conceal Central Bank treasury bond issue: Prof. Rajiva Wijesinha

UNP made failed attempt to conceal Central Bank treasury bond issue: Prof. Rajiva Wijesinha

UNP made failed attempt to conceal Central Bank treasury bond issue: Prof. Rajiva Wijesinha

Written by Tharushan Fernando

17 Jul, 2015 | 8:31 pm

Professor Rajiva Wijesinha has commented on the Central Bank treasury bond issue.

Speaking at a press conference, he said the UNP engaged in a failed attempt to conceal this issue.

The former member of COPE noted that he needs to be thankful to Minister Sujeewa Senasinghe for obtaining a court order preventing the publication of the COPE report. He said they cannot release the report nor can they speak about it; and that he respects the law. He added that, however, there are more important issues.

He further added that speaking of corruption, there was a incident that was exposed without the publication or a report. He said: When you are attempting to nab a snake , it moves from side to side and the president understood this and he wanted the person removed. Yet, why is the prime minister protecting him and not adhering to the advice of the president? That is because the Prime Minister is concealing this since he too is involved.

Deputy Minister of Justice and Labour Relations Sujeewa Senasinghe noted that when the government wanted funds, it asked from the treasury and then the Central Bank must provide the funds and this is the system in the world. He said that is the auction system where swindling cannot take place and their manual also reads that the Central Banks must follow the auction system 90 percent of the time.

He further noted that in 2008, this manual was changed by Ajith Nivard Cabraal and he introduced the direct placement method that paves way for anyone to come in. However, he said, the governor of the Central Bank wanted to follow the auction system but unfortunately his son-in-law was in one of the companies and that is the issue here. He added that it is not about fraud but is an issue on ethics and so they want the son-in-law be removed.

Minister of Children’s Affairs Rosy Senanayake added that the COPE committee has not released a report so the investigation is not over as yet. She said the prime minister had clearly stated that the investigation would recommence after the polls.

 

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