The final report of the Presidential Commission of Inquiry appointed to look into the Central Bank bond issue was handed over to President Maithripala Sirisena on Saturday (Dec. 30).
Speaking to our news team, the Secretary of the Commission, Sumathipala Udugamsuriya said that officials of the Commission including its Chairman, K. T. Chithrasiri handed over the report to President at the Presidential Secretariat.
He further stated that the report consists of more than 1,000 pages.
The President appointed the commission on the 27th of January this year to investigate into the Central Bank bond issue.
The tenure of the commission was scheduled to end on Dec 31..
The Commission was appointed to look into alleged irregularities that were said to be taken place during the treasury bond issuance on the 27th of February 2015.
The special report produced by the Auditor General highlighted that no measure has been taken to avoid the loss of 1.6 billion rupees incurred to the government during the said bond issuance.
Based on the report of the Auditor General, the Committee on Public Enterprises also conducted an investigation and its report was produced to the Parliament on the 28th of October, 2016.
The Commission first convened on the 6th of February.