ECONOMYNEXT – Former Minister Ravi Karunanayake is calling the order to arrest him in connection with the Bonds Scam a “political conspiracy” in a Facebook post and a Youtube video uploaded Wednesday.
In the post, he says he is “curious to know as to whose political agenda it was in having an arrest warrant issued on him less than 12 hours after Parliament was dissolved though this case had been ongoing for almost five years.”
On Tuesday the Attorney General Dappula de Livera directed the Police to arrest Karunanayake and several others over the Bond issue.
On Wednesday the Fort Magistrate’s Court imposed a travel ban on Karunanayake and ten others named in the case.
In a letter sent to Acting Inspector General of Police Chandana Wickremaratne the AG says these arrests are to be made on charges of conspiracy, criminal misappropriation, cheating and market manipulation in respect of the bond auctions of March 2016.
Karunanayake points out that when he was accused of involvement in the bond scam in 2016, he stepped down from his ministerial portfolio and requested for a thorough investigation to be carried out into the matter to clear his name and to make available the facts.
“I also requested for a thorough investigation into the matter in order to exonerate my name and to make available the FACTS. Every subsequent investigative report has exempted me from any involvement including the recently released forensic audit report” he added.
Karunanayake stepped down as Foreign Minister after it was revealed at the Commission of Inquiry into the Bonds Scam that Arjun Aloysius the primary accused in the case had paid the lease for a luxury apartment the Minister and his family were living in Colombo.
At the time Karunanayake said he “knew nothing about who paid the rent” because it was his wife and daughter who had procured the apartment.
Karunanayake was referred to legal authorities by the Commission for possible bribery and perjury charges.
At the time the United National Party removed him from the post of Assistant Leader.
The commission inquired into securities scam involving the purchase of long bonds at low prices from rigged bond auctions conducted by the central bank and dumping them on the Employees Provident Fund and other state funds connected to Aloysius, son-in-law of then-Governor Arjuna Mahendran. (Colombo, March 4, 2020)