Bond issuance and “unusual occurrences” – diving deeper into the Bond Scams (VIDEO)

Central Bank BOND SCAM 2The Auditor General has been given a directive to calculate losses occurred through the secondary market in relation to treasury bonds. The directive has been issued to the AG by the Presidential Commission of Inquiry. Thereby, Auditor General Gamini Wijesinghe testified that accepting bids greater than what was offered is ‘an unusual occurrence’. Auction on […]

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