The Central Bank’s Monetary Board has issued a 10 page statement. This statement includes measures taken to ensure incidents such as the Bond Scam is not repeated.

This move from the CBSL comes following instructions from President Maithripala Sirisena.

According to the Central Bank statement, the Secretary to the President handed over a copy of the Bond Commission report on January 10, 2018 to the Central Bank Governor.

The statement says that measures will be taken taken to improve Transparency and Governance of the Investment Decision Making Process as well as the internal control framework of the EPF.