June 30, Colombo (LNW): The Committee on Public Finance (COPF) is expected to submit its final report to Parliament within the next few weeks regarding the disappearance of US$2.5 million from the Treasury, according to COPF Chair and Member of Parliament Harsha de Silva.
De Silva said the report has been compiled after carefully examining submissions provided by both the Ministry of Finance and the Central Bank of Sri Lanka (CBSL), each of which conducted its own review of the incident.
A draft version of the report has already been distributed to all members of the committee, allowing them to study its contents and submit any observations before it is finalised.
Explaining the process, de Silva noted that the committee convened three separate meetings with senior officials from the Treasury and the Central Bank. During these sessions, members scrutinised two independent reports prepared by the respective institutions. He pointed out that the Central Bank had chosen to present its findings separately, citing disagreements with several conclusions contained in the Treasury’s report.
Following an extensive assessment of both documents, the committee prepared a consolidated draft that seeks to reflect the evidence presented by the two institutions. Committee members are currently reviewing the document, after which their feedback will be incorporated ahead of a final discussion scheduled for next Tuesday.
Subject to approval at that meeting, the completed report is expected to be presented to Parliament during the following week, marking the conclusion of the committee’s inquiry into the missing funds.
De Silva emphasised that the final report would represent the collective position of the Committee on Public Finance, reacheCOPF Set to Table Final Report on Missing US$2.5 Million Treasury Funds
The Committee on Public Finance (COPF) is expected to submit its final report to Parliament within the next few weeks regarding the disappearance of US$2.5 million from the Treasury, according to COPF Chair and Member of Parliament Harsha de Silva.
De Silva said the report has been compiled after carefully examining submissions provided by both the Ministry of Finance and the Central Bank of Sri Lanka (CBSL), each of which conducted its own review of the incident.
A draft version of the report has already been distributed to all members of the committee, allowing them to study its contents and submit any observations before it is finalised.
Explaining the process, de Silva noted that the committee convened three separate meetings with senior officials from the Treasury and the Central Bank. During these sessions, members scrutinised two independent reports prepared by the respective institutions. He pointed out that the Central Bank had chosen to present its findings separately, citing disagreements with several conclusions contained in the Treasury’s report.
Following an extensive assessment of both documents, the committee prepared a consolidated draft that seeks to reflect the evidence presented by the two institutions. Committee members are currently reviewing the document, after which their feedback will be incorporated ahead of a final discussion scheduled for next Tuesday.
Subject to approval at that meeting, the completed report is expected to be presented to Parliament during the following week, marking the conclusion of the committee’s inquiry into the missing funds.
De Silva emphasised that the final report would represent the collective position of the Committee on Public Finance, reached through deliberation and consensus, rather than the personal views of its chair.d through deliberation and consensus, rather than the personal views of its chair.