State Minister of Finance Lakshman Yapa Abeywardena said that the Central Bank Monetary Board will meet on Friday to discuss the matter related to the allegations of the bond scam and extraordinary profit recorded by the Perpetual Treasuries, a company linked to Arjun Aloysius, son-in-law of former Central Bank Governor Arjuna Mahendran.

He made this observation during a press conference at the Ministry of Finance.

Abeywardena said that President Maithripala Sirisena has already taken a position on the matter and he will wait for the decisions and recommendations of the Monetary Board to decide on the next step.

He also pointed out that the COPE report on the alleged Central Bank bond scam will be released soon.

Former Central Bank Governor Arjuna Mahendran was removed from his post after his term expired this year. He is accused of insider dealings during a bond issue in 2015. Perpetual Treasuries recorded high profits the same year, which led to further accusations leveled at Mahendran and his son-in-law.