The Member of the Political Bureau of the JVP Comrade Sunil Handunneththi as the former Chairman of Committee On Public Enterprises (COPE) has written to the President requesting him to take legal action based on the forensic audit report on Central Bank bond transactions.
The letter signed by Comrade Handuneththi states
Democratic Socialist Republic of Sri Lanka,
Request to take legal action based on the forensic audit report on bond transactions
The forensic audit report prepared on the bond transaction by the Central Bank with the assistance of institutions that are well versed in the subject has been presented in Parliament.
2. This forensic audit report has corroborated the conclusions and recommendations of the investigations carried out by the Committee On Public Enterprises (COPE) and the Presidential Commission of Inquiry into Bond Issuance and through its scientific investigations the capacity for legal action has been strengthened. The forensic audit report was prepared on a request by COPE mainly for legal action. Therefore, making use of it is no wastage of time and money spent on obtaining it.
3. As the forensic audit report has revealed information from the very beginning of frauds and irregularities in connection with bond transactions, it has confirmed significantly that the conflict of interests adversely affected the operations of the Central Bank which is the primary financial institution in the country. The rumpus created by some individuals against the report and fleeing the country by several others indicates how disturbed they are regarding the legal process against these corrupt dealings.
4. Another important fact the forensic audit report on bond transactions points out is that the affect bond scam does not limit only to the Central Bank of Sri Lanka. It has also been revealed that the transactions carried out by these ‘white-collar criminals’ have caused serious losses to the EPF which is a fund created under immense hardships by the working masses in the country to be used as a retirement benefit.
5. Taking legal action against these financial pirates has been delayed at least by five years. Now, Mr President, you and your government have the authority to commence the legal process based on the forensic audit report as it has been released. Also, if action is not taken immediately, it would create the presumption that when the monetary laws in the country are implemented the ordinary folk and the white-collar criminals are treated differently. This would seriously damage the trust in the monetary sector in the country as well as the people’s trust in the legal sector.
6. We also would like to take this opportunity to emphasize that we, who dedicated ourselves to expose the criminals connected with the bond scam that plundered a colossal amount of public money and strive to acquire that money back for the country, would continue to struggle with the people until the perpetrators are punished. As such, we request you, Mr President, to take the necessary legal action immediately against all bond scammers and punish them accordingly.
Former Chairman of COPE
Member of Parliament