Bond scam loss burden placed on public through higher taxes – Mahinda
Former President Mahinda Rajapaksa says the loss caused by treasury bond scam was much bigger than the amount stated in the report of the Presidential Commission of Inquiry into the bond scam.
Addressing the Sri Lanka Podu Jana Peramuna’s inaugural rally in Kadawatha on Saturday, the former President said that he had serious doubts about the amount of loss mentioned in the report and was sure that the country suffered a very much larger loss than the amount mentioned by the commission.
The former President demanded to know from the government whether the profit earned by investing the funds obtained from the selling of treasury bonds too would be recovered from those responsible for the scam.
“This is the biggest fraud ever in this country. Nowhere in the world a central bank had been robbed in this manner. This is a disaster and people should think whether that they would allow the government to continue to swindle the public money in future,” he said.
Rajapaksa said the prices of essential goods were increasing on a daily basis because of the loss caused by the Central Bank treasury bond scam. The government shifted the burden of loss to the public by increasing taxes. The people should tell the world whether they were ready to continue with the same bunch of fraudsters on the election day on Feb 10, he said.
Large number of SLPP members, Joint Opposition MPs, Provincial Councillors and local government candidates and party supporters attended the meeting.
(Source: The Island – By Anura Balasuriya)
Latest Headlines in Sri Lanka
- Sri Lanka President reviews energy sector progress, urges accountability October 15, 2024
- Ranil Wickremesinghe to address public on October 17, 2024 October 15, 2024
- FR petition filed in Supreme Court seeking re-examination of 2024 Grade 5 scholarship exam October 15, 2024
- Sri Lanka seeks to recover Rs. 3.5 Billion in VAT from imprisoned Arjun Aloysius October 15, 2024
- Sri Lanka’s passport crisis set to end Monday October 15, 2024
Oh dear… MaRa has really got a case of double amnesia… At least there is a chance we might get those billions back, but will YOU and YOUR thugs ever return the billions stolen from us??? He hasn’t even returned the tsunami funds he stole in 2014….
Dear Mr. Citizen, On 8 January Yaha Palanaya who promised good governance completed 3 years. During this time MaRa was a free man and even now. You say he stole billions and stole from Tsunami funds. Then, why the YP government catch him and put him jail? Who is preventing that? Just like Sunil Perera said…Why? I do not know why?
The answer is simple, my dear Amarakoon.
Super thieves alleged to have stolen billions cannot and will never be brought to justice because the Sinhala Buddhist leadership which has been at the helm since 1948 consists of clowns and idiots.
Well well Mr Somasundaram, I do not know how many non-Buddhist in consectaive cabinets after independence. Without going farther just take Mara’s and Sirisena’s cabinet. How many non Buddhist Ministers there? There are Hakeems, Buthudeens, John Amarathunges, Musthpahs, Karus, etc. Just take the famous Bond-scam who did it? I am sure they were non Sinhalese Buddhists. But for one thing I appreciate because the Yaha Palanaya regime practiced Compassion & Metta and allowed some thieves to escape.
Mr Thuleepan Somasundaram. You need help man. I feel sorry for you. Nature has played a cruel joke on you.