What happened to the Bond Scam report?

What happened to the Presidential Commission Report on the Bond Scam?

by Staff Writer 09-04-2018 | 10:20 PM
COLOMBO (News 1st) - Legal experts say that the Attorney General can initiate legal action on the bond scam on the basis of the findings of the Presidential Commission of Inquiry (PCoI). Here is a recap of events that have transpired since the report was presented. 30th December 2017
  • Report of the Presidential Commission of Inquiry on Bond Issuances presented to the President.
  • PCoI recommends that steps be taken to recover defrauded funds and punish the perpetrators.
23rd January 2018
  • PCoI report tabled in Parliament.
06th February 2018
  • Debate on the Bond Commission report in Parliament.
  • 20th & 21st February allocated additional days for the debate.
20th February 2018
  • Protest from TNA MP M.A. Sumanthiran noting that a debate cannot be held without the Tamil translation of the report.
  • Debate postponed until the translation is completed.
21st March 2018
  • A No-Confidence Motion against the Prime Minister.
  • 11 of the 14 allegations in the motion deal with the alleged bond scam.
05th April 2018
  • Prime Minister is victorious against No-Confidence Motion. TNA extends support to the PM.
04th February 2018
  • Owner and CEO of Perpetual Treasuries are both arrested after CID makes submissions to court based on a complaint by the Governor of the Central Bank.
29th March 2018
  • Warrant issued for the arrest of the former Governor of the Central Bank - A Red Notice is sought.
Three months have elapsed since the PCoI presented its report. Why is the law not being enforced based on the findings in the report? https://www.youtube.com/watch?v=wqAD2Sc0dHw