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* Prime Minister says the bond issue will be debated in parliament
Sun, Jan 7, 2018, 11:15 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 07, Colombo: The Prime Minister Ranil Wickremesinghe says that there will be a parliamentary debate regarding the bond issue commission report.

He said that there will be possibility of having the facts reveled on the bond scam that occurred during the 2008- 2015 period.

Prime Minister Wickremesinghe made these remarks while addressing the special convention of the United National Party (UNP) held at Campbell Park in Borella today (7th).

He said that MP Dinesh Gunawardena last week asked to call the parliament to convene to discuss the bond issue.

"I am requesting the Speaker to convene parliament to debate the matter. We work with transparency. No country has investigated a single issue like this on three occasions or debated multiple times. If the parliament is called to debate this will be the third time. We are prepared to debate the matter, we have nothing to hide."

"The Commission says we must go further and investigate the bond issues from 2008 onwards, It has claimed that there was fraud that occurred between 2008 and 2015."

He said the previous government utilized Rs. 4 trillion of Employees Provident Fund (EPF) money for bond auctions without the approval of the financial board. As a result this government has to pay Rs. 10 trillion in loans.

He said the investigation into this period will be started and stressed that all the files in the Central Bank, in the National savings Bank and Insurance Corporation must be protected.

 

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