Sri Lanka President to appoint panel to probe frauds under Ranil

ECONOMYNEXT – Sri Lanka’s President Maithripala Sirisena said he will appoint a commission of inquiry to probe frauds that took place from 2015 under Prime Minister Ranil Wickremesinghe.

President Sirisena triggered a political crisis, by suddenly appointing Mahinda Rajapaksa as Prime Minister on October 26.

President Sirisena said a number of frauds had taken place under Wickremesinghe, which made it difficult for him to continue an alliance.

He said Wickremesinghe and Sagala Ratnayake had also blocked investigations into Rajapaksa regime frauds.

No action had been taken on the finding of large frauds under a commission appointed by him, he said.

Wickremesinghe had also failed to pass amendments to the Bribery Commission Act, which would have
made it easier to recover funds stolen during the central bank bond scam, he said.

Sirisena said he opposed the appointment of Arjuna Mahendran as Central Bank governor, but to keep coalition peace. (Colombo/Nov25/2018)

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