Karunanayake as well as prime minister Ranil Wickremesinghe were accused over the bond issue, and the former had to relinquish the finance and foreign affairs portfolios as a result. However, the commission report has confirmed that neither was responsible for the fraud. The president has already agreed to appoint Karunanayake as a cabinet minister again.
However, a conspiracy is on within the UNP against Karunanayake’s being appointed a minister, with Malik Samarawickrama and Daya Gamage reportedly behind it. They accompanied the president in his South Korea tour recently, and spoke to him against Karunanayake during the trip. However, the president has not taken notice of their complaints.