Feb 04, 2018

Palisena's report, a lie - Rajith Keerthi Featured

According to the report of Perpetual Treasuries Limited CEO - Kasun Palisena, the Employees' Provident Fund alone suffered a loss of Rs. 26 billion from 07 transactions pertaining to the infamous Bond issue, says Rajith Keerthi Tennakoon.

Tennakoon, the Executive Director of the Campaign for the Free and Fair Elections (CaFFE) and the Center for Human Rights and Research (CHR) Sri Lanka, was speaking thus during a media briefing held in Rajagiriya today (04).

The CHR Executive Director also said that Palisena's 'fabricated' report did not include the prices at which the Bonds were bought and sold by Perpetual Treasuries Limited.

'According to Palisena's report the EPF has profited from the transaction No. LKB 02035 C155. This is a lie to mislead Parliamentarians who would be taking up the matter on Feb 06... The truth is, the true loss is much higher than the Rs. 12 billion loss as revealed by the Auditor General as well as the Rs. 11.4 billion loss revealed by the Bond Commission,' he said.

Also speaking at the media briefing, senior banker - Rusiripala Tennakoon said that the CHR would be issuing a detailed report on this regard tomorrow.