With just nine days remaining until the election, another major financial scandal appears to be looming. A staggering 280 billion rupees is at stake.
Patali Champika Ranawaka, leader of the United Republic Front, revealed on the 11th that there are plans to offer unusually high interest rates on bonds set to be issued by the Central Bank. He claimed that a group of corrupt individuals is preparing to exploit this opportunity by purchasing bonds valued at 290 billion rupees on the 12th.
Ranawaka emphasized that this “central bank robbery” will not be permitted to proceed, particularly with President Ranil Wickremesinghe facing a looming election.
