• Last Update 2024-07-19 16:40:00

COPE to study AG’s report on Central Bank bond issue

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The Parliamentary Committee on Public Enterprises (COPE) will meet on Wednesday to examine the findings relating to the Central Bank bond issue, the controversy regarding which has placed the re-appointment of Central Bank Governor Arjun Mahendran in a quandary.

The report of the Auditor General on the bond issue is expected to be placed before the Committee members by that day, COPE Chairman Sunil Handunnetti said.

The Committee had decided in February this year that a full inquiry must be held into the bond issue and had directed the Auditor General to undertake the inquiry.

Mr. Handunnetti said that the AG had informed him in writing that there was difficulty in gaining access to the documents relating to the transaction following which Central Bank officials were summoned to COPE on June 8. After a discussion, the matter was sorted out and the AG has been given the relevant documents, he said.

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