CBSL’s Same Trick of Calling Bids for Rs 40 Billion and Issue Bonds for Rs 80 Billion

The Anti-Corruption Front (ACF) has written to the Governor of the Central Bank of Sri Lanka (CBSL) requesting an explanation for calling bids for Rs 40 billion and the issue of treasury bonds worth Rs 80 billion on March 29, 2016.

During last year it was the ACF that first exposed controversial Treasury Bond issue.  At that point  of time neither the ACF nor its partners were fully aware of the gravity of the issue. However by now it is obvious that last year’s Treasury Bond issue was one of the biggest financial controversies in recent years. Any malpractices have not yet  been revealed .That is the reason why the ACF has written to the Governor of CBSL, President and Finance Minister seeking an explanation of the process, so that there will no longer be room for doubt.