The three-member committee which probed the controversial Treasury Bonds deal of the Central Bank has concluded inquiries and the report will be handed over to Prime Minister Ranil Wickremesinghe on 10 April, authoritative sources said yesterday.
Highly placed very reliable sources disclosed that according to the findings of the committee the crisis has deepened with political circles keeping fingers crossed about the future of incumbent Central Bank Governor Arjuna Mahendran.
Sources said the committee reportedly has found many 'grey' areas and added that the crisis had deepened forcing the intervention of the authorities to think on remedial action.
The three-member committee comprised Gamini Pitipana (Chairman), Mahes Kalugampitiya and Chandima Mendis.
Prime Minister Wickremesinghe appointed the three-member legal team to probe the crisis after it was brought to the notice of Parliament. Some sections leveled allegations against the Prime Minister stating that Wickremesinghe had appointed three lawyers close to his party. However, the Prime Minister maintained he had confidence in that committee. He announced to the House that the Central Bank Governor would be on leave till the probe was over.
Prime Minister Wickremesinghe earlier told Parliament that he would table the committee report once it is handed over to him.
The Governor was probed for alleged 'insider dealings' for reportedly helping his son-in-law Arjun Aloysius' company 'Perpetual Treasuries' to get unfair advantage in a Rs 10 billion Treasury Bond transaction.
Sources said the three-member committee which probed the scandal has detected violations of the State financial regulations and the Statutes of the Central Bank in the execution of this shady deal.
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