Former Sri Lanka Central Bank governor Arjuna Mahendran was responsible for providing internal information to outsiders and has interfered into bond auctions through a system of incorrect and unconventional methods, President Maithripala Sirisena yesterday (03/01) said quoting the Bond report.
In his special statement on the report of the Presidential Commission of Inquiry into Central Bank Bond issuance, the President said senior officials of the Central Bank were inactive before former governor Mahendran.
“It is believed that because they had not questioned about these and had become inactive, such incorrect decisions were made. Mr. Mahendran has made interference into bond auctions through a system of incorrect and unconventional methods and he was responsible for providing internal information to outsiders. One party has used such information to obtain undue monetary profits,” he said.
