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CBSL given one week to explain role in missing US$2.5 M treasury funds

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Chairman of the Committee on Public Finance (COPF) and Member of Parliament Dr. Harsha de Silva says a Treasury report has indicated that the Central Bank of Sri Lanka (CBSL) bears responsibility for the disappearance of US$2.5 million belonging to the Treasury.

The issue was taken up during a meeting of the Committee on Public Finance held on June 8, where members reviewed the findings of the Treasury report concerning the missing funds.

Speaking after the meeting, Dr. Harsha de Silva stated that the report points to accountability on the part of the Central Bank in relation to the incident. As a result, the committee has requested the CBSL to submit its official position on the findings.

According to Dr. de Silva, the Central Bank has been given one week to provide an explanation and respond to the allegations contained in the Treasury report.

The Committee on Public Finance is expected to examine the CBSL’s response before determining any further action regarding the matter.

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