Yes there was a bond scam: Ranjan
Deputy Minister Ranjan Ramanayake admitted to there having been a Central Bank bond scam, and said President Maithripala Sirisena’s decision to investigate such scams was an election promise and therefore should be supported by the people.
“I must tell the truth even if I am expelled from my electoral seat or from the party. I am not in the habit of telling lies. Telling lies creates mouth cancers. Even our people involved in frauds,” he said.
At a meeting in Tissamaharamaya recently the deputy minister said government politicians, who were in the opposition for 20 years, are now exploiting the country’s resources following the footsteps of their predecessors.
He recalled what Minister Mahinda Amaraweera said in the past about robing government funds by UNPers if they came to power.
The state minister said catching thieves was an election promise of this government.
(Source: Daily Mirror – By Chaturanga Pradeep Samarawickrama)
Latest Headlines in Sri Lanka
- Sri Lanka sets deadline for firearm return, warns of legal action December 19, 2024
- Arjuna Mahendran and Ajahn Punchihewa face arrest warrants in bond scam case December 19, 2024
- ADB grants $150 million to boost Sri Lanka’s power grid and renewable energy December 19, 2024
- Cabinet approves review of State-Owned Non-Commercial institutions in Sri Lanka December 19, 2024
- Sri Lanka extends doctors’ retirement age to 63 December 19, 2024
The so-called Bond Scam is not a ‘SCAM’.
Most money raised in the Bond Auction went to pay Road and other infrastructure Constructors engaged by the previous regime without proper budgetary allocations.
Had these payments to Constructors not been made, the claim for accumulated delay costs would have been phenomenal.
Oh So this Bond day light robbery is also to be blamed on the previous regime. Very nice try. I don’t think the people of Sri Lanka will swallow any more lies. Have you not heard of the saying. ” You an fool some of the people some of the time but you can not fool all the people all of the time”
Yes, it seems Mr. Stanly Fernando these guys created an new Economic/Financial theory which should be recommended for a PhD at Harword or Stanford for that matter. The Theory of guys like George Darmakirthi is ‘ Rob the Central Bank and Raise Money from illegal malpractices through Bond Sales and use the money to pay the debts of the Country. Same…Rob Peter to Feed John!