Central Bank Governor Dr. Nandalal Weerasinghe has offered a detailed public defence of the regulatorβs conduct, insisting the Rs. 13.2 billion scandal at National Development Bank PLC (NDB) posed no systemic threat to the countryβs financial sector. The fraud, first publicly disclosed by NDB on April 6, involved what investigators described as irregular transactions, manipulation [β¦] The post CB Governor says NDB Banking Fraud posed no threat to the financial sector appeared first on Lankanews.lk .