Update: Parliament Adjourned Till Tomorrow Following Commotion

Parliament was adjourned till 1pm tomorrow after the Deputy Speaker told the House that the Speaker needs more time to study the matter regarding the no-confidence motion against the Central Bank Governor.

The parliament was adjourned earlier in the day when the opposition demanded that the no-confidence motion against CB Governor Arjuna Mahendran be debated in the House.

The opposition claimed that since the Parliament has authority over fiscal matters it can debate such a no-confidence motion, following the disputed Treasury bond issue.

The government however had maintained that there were no such provisions for a no-confidence motion against the CB Governor.

The CB Governor Arjuna Mahendran was accused of insider trading during the February 27 Treasury bond issue. A three member committee appointed by Prime Minister Ranil Wickremesinghe later cleared him of direct responsibility.