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State Minister Wasantha Aluwihare today said the present administration has been transparent in dealing with allegations levelled against the government over the controversial Bond issuance.

Speaking at an event held in Matale, State minister Aluwihare said the purported loss of funds through the issuance, can be recovered by the government claiming it remains at the Treasury at present.

He said, “I was part of the COPE Committee. The Prime Minister is a democratic leader. He appointed JVP Parliamentarian Sunil Handunetti as the Chairman of the COPE committee. The Prime Minister appointed a JVP MP to investigate Bond allegations. It has never happened in the history of Sri Lankan politics. During MR’s term, a government MP was appointed the COPE Chairman. We have nothing to hide. Prime Minister is the Leader who can develop the country and strengthen the economy. We see no malpractices in the controversial Treasury bond issuance. They claim government incurred a loss of 11 billion rupees. However 12 Billion rupees is retained at the Treasury. So we have 1 billion extra than what was lost due to the issuance. The opposition hurl allegation because we will continue to be in power and develop the country.”