Parliamentary committee to probe previous regime CB deals

The Government has appointed a Parliamentary Select committee to inquire into the activities of the Central Bank during the last decade.

Prime Minister Ranil Wickremesinghe informed Parliament that a committee has been appointed to inquire into many issues of the Central Bank including the hedging deal and Greek bonds issue.

Responding to a question raised by Parliamentarian Dinesh Gunawardena, the Prime Minister pointed out that during the previous regime statistics relating to economic development were misrepresented.

Informing the House that under the current Government a large number of investors were waiting to invest in Sri Lanka, the Prime Minister stressed that at this juncture it was compulsory to prepare the Central Bank to meet the future demands.