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* Speaker of Sri Lanka parliament disallows opposition MP's adjournment motion
Wed, Oct 10, 2012, 08:36 pm SL Time, ColomboPage News Desk, Sri Lanka.

Oct 10, Colombo: Speaker of the Sri Lankan parliament Chamal Rajapaksa has disallowed the adjournment motion by a main opposition United National Party (UNP) parliamentarian from being debated in the House today.

UNP parliamentarian Dr. Harsha de Silva was to move an adjournment motion in parliament today to debate the investment of country's reserve money in Greek Bonds which has resulted heavy losses.

Leader of the House, Minister Nimal Siripala de Silva has objected to the moving of the motion.

De Silva has pointed out that UNP parliamentarian Sujeewa Senasinghe has filed a case before the Supreme Court on the matter and debating the motion on the matter in parliament would therefore be sub judice.

Speaker Rajapaksa has finally announced that the debate on the Greek Bond transaction could not be allowed.

The government in 2011 has lost US$ 6.6 million from the investment in Greek bonds. The Central Bank however, said the investments in Greek Bonds were a small fraction of its total Europe portfolio and the loss of the Greek bonds was comfortably offset by higher returns from other investments.



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