Jan 16, Colombo: the Central Bank of Sri Lanka confirmed today that in response to the numerous requests, the Bank will conduct a forensic audit into the issuance of Treasury bonds during the period from 2008 -2014.
In a statement issued today, the Central Bank declining to provide more details, said the audit will focus on government securities and EPF operations during the period 2008-2014 and it would be conducted by an external party.
The full statement issued by the Central Bank:
There has been a call for an immediate statement from the Central Bank of
Sri Lanka on whether there have been any irregularities in the issuing of
government securities during the period 2008-2014.
In this connection, attention is drawn to the Statement issued by the
Monetary Board of the Central Bank of Sri Lanka on 11th January 2018.
The last paragraph, therein indicates that a forensic audit would be
conducted. The audit will focus on government securities and EPF
operations during the period 2008-2014. This would be conducted by an
external party. It is not appropriate to make any statement in this regard prior
to the conclusion of the forensic audit.