FCID will investigate bond issue if necessary: Ranil

The Financial Crimes Investigation Division (FCID) would be asked to probe the controversial bond issue of Central Bank (CB) if it was found to be essential, stated Prime Minister Ranil Wickramasingha yesterday.

Prime Minister, who spoke to the media at Temple Trees yesterday, stated the final decision on whether to hand the matter over to the police would be made after he received the report from the Securities and Exchange Commission (SEC) on its ongoing investigation into Perpetual Treasuries and the Bank of Ceylon, which had made highest bids for the bond.

Prime Minister stated…

Replying to a statement by United People’s Freedom Alliance (UPFA) Parliamentarian G. L. Peiris, which the government had always to be responsible to Parliament that he had been doing that since he became the prime minister. He stated the present regime had briefed Parliament monthly on the progress of the hundred-day programme.

“Being responsible to Parliament, especially with regard to financial matters, is a principle which I spoke of and practiced even when I was in the Opposition; and I have not sent these principles on compulsory leave,” he stated