JVP calls Speaker to take over controversial bond investigations

Jan 24, 2017 (LBO) – Sri Lanka’s Marxist JVP today demanded that Speaker Karu Jayasuriya takes over the future course of action against the controversial bond issue under him. Speaking at the bond debate in Parliament, JVP leader Anura Kumara Dissanayake emphasized that they have no faith over the investigations of the government. “We propose […]

Central Bank says internal & external probe on 2015/16 EPF operations

Jan 23, 2017 (LBO) – Sri Lanka’s Central Bank said an internal examination is currently underway under the direction of the Monetary Board on transactions of EPF in government securities during 2015 and 2016. Releasing a statement, Secretary to the Monetary Board of Central Bank said the law enforcement authorities have also been requested to […]

Sri Lanka President to appoint committee to investigate bond scam

Jan 23, 2017 (LBO) – Sri Lanka’s President Maithripala Sirisena said he would appoint a commission to investigate and recommend actions for an alleged bond issue scam in early 2015. “I will appoint a Special Presidential Commission of Inquiry this week to investigate the Central Bank bond issue and recommend actions,” President Maithripala Sirisena tweeted. […]

Central Bank Governor to deliver CA Sri Lanka 21st Annual Tax Oration

Governor of the Central Bank of Sri Lanka Dr. The Debt Department said the subscription will be at a floating rate of 6 month LIBOR for USD plus a margin through competitive bidding, or at a fixed rate to be determined through competitive bidding. generic Minimum investment is 10,000 US dollars with additional investments in […]

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