The convener of Voice Against Corruption (VAC) Central Committee Member of the JVP Wasantha Samarasinghe reveals that internal audit reports have confirmed that former Governor of Central Bank Arjun Mahendran had given Rs. 31,000 million from Central Bank funds to his son-in-law Arjun Aloysius to buy Central Bank bonds.
Arjun Aloysius has earned a profit of Rs. 4600 million from the Rs. 31,000 million he received from his father-in-law points out Mr. Samarasinghe.
Mr. Samarasinghe says a fine of Rs. 21 million had been imposed by the bank for the loan.
The financial and property destruction due to the infamous Central Bank bond scam has risen to Rs. 55,850 million at present and due to the rise in Central Bank interest rates in 2015 the extra amount that had been paid over the estimated interest had been Rs.69,000 million and the interest that had to be paid was Rs. 1,45,000 million says Mr. Samarasinghe.
He said the biggest loss from the scam was to the EPF which is Rs.15,000 million and says the people are paying the interest from 2015 due to the fraud committed.
Despite halting buying bonds through secondary market for the EPF, no action has been taken to recover the loss caused to the Central Bank and the EPF from 27th February, 2015 due to moves of Perpetual Treasuries Ltd. and punish the fraudsters. He said he has doubts about perpetrators being punished by this government.
The Presidential Commission would not take any action regarding the loss of Rs.15,000 million to the EPF said Mr. Samarasinghe adding that a gazette notification with the name of former President was brought to the limelight to deceive the people.
He further said a 225 page report that includes internal audit reports was handed over to the Presidential Commission that investigates bond scam.