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Treasury bond report calls for action on Ravi, Arjun, Arjuna

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President Maithripala Sirisena today assured tough action after the Presidential commission investigating the treasury bond scam recommended steps be taken against former Finance Minister Ravi Karunanayake, former Central Bank Governor Arjuna Mahendran and Perpetual Treasuries head Arjun Aloysius.

The President said that according to the report by the commission, the former Central Bank Governor Arjuna Mahendran had leaked sensitive inside information.

He said that the public suffered a loss of Rs. 11.5 billion as a result of the treasury bond deal.

The President also said that Perpetual Treasuries had made profits over 11,145 million.

“I would like to specifically state here that I would not hesitate to take steps to recover the loss of Rs 11,145 million and take legal action against the offenders and punish them,” the President said.

He said that the report has already been sent to the Attorney General to take legal action.

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