Prompt legal action after PCoI final report: Lakshman Yapa

Published : 9:05 am  September 15, 2017 | No comments so far |  | 


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By Sandun A. Jayasekera

The government will not hesitate to initiate prompt legal action against any person the Presidential Commission of Inquiry (PCoI) that probes the Central Bank bond scam finds responsible for the fraud, Public Enterprise Development State Minister Lakshman Yapa Abeywardana said.   


Minister Abeywardana added that the legal process against the perpetrators who would be found answerable for the scam will not take time as the recommendations are supposed to be received by President Maithripala Sirisena after the conclusion of the inquiry because they come directly from the final report of the PCoI. “The government can directly refer the recommendations to the Attorney General’s Department and the AG’s Department can file charges immediately”he said.    Addressing the weekly SLFP news briefing at the party office yesterday, Minister Abeywardana told reporters that the SLFP wanted to punish those responsible for the fraud using a speedier legal process no sooner the PCoI handed over its report to the President.   

‘After the PCoI inquiry concludes, there would be no need for a CID, FCID or Bribery Commission probe. It will simply be referred to the relevant court by the AG’s Department,” he stressed.    Responding to a journalist, Minister Abeywardana said there were no takers for the national carrier Sri Lankan Airlines and added the airline had drastically reduced the losses it had incurred in recent times.   
“We have not given up on our efforts to find a suitable investor to run Sri Lankan as a Public Private Partnership (PPP). At the same time we must understand that no airline in the world records operational profits which are only earned from other arms such as catering and ground-handling. For instance, Sri Lankan recorded only 4.5% operational losses in 2016 while a popular airline giant has recorded an 8% operational loss in that year,” he stressed.