Bond scams have had devastating impact on economy – Champika


Minister Patali Champika Ranawana says, bond scams have dashed the hopes of people who looked forward to good governance.

Minister said so addressing a recent press conference at the headquarters of the Jathika Hela Urumaya. 'Bond scams should not be taken lightly as it had had a devastating impact on the economy, he added.

According to the minister, two bond scams have been exposed. He said Perpetual Treasuries had gained from those rackets.

The Minister praised the government for having appointed a special presidential commission to probe the bond scams.

Then minister went on to respond to the allegations made against the commissions.

The ongoing bond probe ommission had the authority to direct the Attorney General to file cases against those responsible for the bond rackets, Minister Ranawaksa said.

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