BusinessA recent confidential report on a Central Bank (CB) probe on controversial bond trader Perpetual Treasuries Ltd (PTL) which appeared in the media had not been authorised for public circulation, the CB said on Monday. It said the Police had been asked to investigate how the report leaked. “The Central Bank of Sri Lanka’s internal processes within the Department of Supervision of Non-Bank Financial Institutions have not been completed and the final report has not as yet been submitted to the Monetary Board for its consideration. Arising from this unauthorised disclosure, the Central Bank of Sri Lanka is strengthening its internal control mechanisms and a complaint has also been made to law enforcement authorities to inquire into the unauthorised release of this report,” the statement said. This special meeting will be held shortly and was scheduled before the Monetary Board was aware of the unauthorized release of the draft examination report on Perpetual Treasuries Ltd,” it said.
Source: Sunday Times October 10, 2016 13:41 UTC