Sri Lanka’s Commission to Investigate Allegations of Bribery or Corruption (CIABOC) will undergo significant changes in 2024 with new and extensive responsibilities in accordance with powers vested in it under the Anti-Corruption Act (ACA) and guided by the IMF, Finance Ministry sources said. These responsibilities are relating to the development of anticorruption strategies, the prevention, [...]

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Bribery or Corruption Commission to undergo significant changes

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Sri Lanka’s Commission to Investigate Allegations of Bribery or Corruption (CIABOC) will undergo significant changes in 2024 with new and extensive responsibilities in accordance with powers vested in it under the Anti-Corruption Act (ACA) and guided by the IMF, Finance Ministry sources said.

These responsibilities are relating to the development of anticorruption strategies, the prevention, investigation, and prosecution of corruption offences, and the establishment of mechanisms to coordinate anticorruption efforts across the whole of government.

The extent to which the ACA will contribute to reducing corruption vulnerabilities is directly related to the ability of CIABOC to fulfil in its leadership, with newly appointed Chairman, Justice Neil Iddawala with President’s Counsel Chethiya Goonesekera and banker K. Bernard Rajapakse as the other Commissioners.

One of the initial tasks recommended by the IMF (International Monetary Fund) for 2024 is to institute short-term anti-corruption measures within each revenue department to strengthen internal oversight and sanctioning processes and linkages with CIABOC and related criminal investigation.

The law provides the commission with the ability to directly submit budgetary requests to Parliament as a way of establishing financial independence.

It has to establish and publish on a government website an 18-month action plan to implement the ACA, with allocation of authority, responsibility, and accountability for managing implementation and  operationalising the law in 2024, an IMF technical assistance report revealed.

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