Home » Search results for: “Indrajit Coomaraswamy”
Dr. Indrajit Coomaraswamy Named ‘Sri Lankan Of The Year’

The Governor of the Central Bank of Sri Lanka, Dr. Indrajit Coomaraswamy has been named as LMD’s Sri Lankan Of The Year (SLOTY) award for 2016. We publish below the award citation in full: The Central Bank of Sri Lanka (CBSL) has been the subject of increased scrutiny over the last year and more, to a degree […]

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New Central Bank Chief Indrajit Coomaraswamy Says He Will Fear No One

While emphasizing the need for integrity in leadership, new Central Bank Governor Dr. Indrajit Coomaraswamy has declared that he will fear no one while discharging his duties. Addressing the staff of the bank today, soon after assuming duties as the 14th Governor, Coomaraswamy said, “During my meeting with President Maithripala Sirisena, he told me ‘do […]

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The Indrajit Coomaraswamy Issue: A Matter Of Decency

By Dayan Jayatilleka – The issue of the appointment of Dr. Indrajit Coomaraswamy as the Governor of the Central Bank is a defining one. It is an issue on which one has to stand up and be counted. It is a moral issue; one which concerns the kind of Sri Lanka one wishes to have. […]

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Sirisena Appoints Indrajit Coomaraswamy As Central Bank Governor

President Maithripala Sirisena today appointed Economist Dr. Indrajit Coomaraswamy as the Governor of Central Bank. Dr. Coomaraswamy was the former Director Economic Affairs at the Commonwealth Secretariat. Sirisena tweeted that he had made the appointment after consulting ‘all parties concerned.’ A product of Royal College, Colombo and Harrow School in England, he gained his undergraduate […]

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An Open Letter To Dr. Indrajith Coomaraswamy, The New Governor Of The Central Bank!

By Hema Senanayake – Dear Sir, Finally we have a new governor appointed to the central bank. It’s you. After assuming duties you declared that you fear no one in discharging your duties. We, the readers and contributors to Colombo Telegraph eagerly waited for such a person to be appointed as the new governor for […]

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EPF Scam Caused A Loss Of Rs. 9.5 Billion; Governor Indrajit Protects Scammers

The total loss to EPF due to its shoddy deals with Perpetual Treasuries is Rs 9.5 Billion and it is now being hidden from the public, Central Bank sources told Colombo Telegraph. According to our sources the EPF scam which caused a loss of Rs. 9,500 Million has been officially brought to the notice of the […]

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Let SEC Supervise Bond Issues And Related Secondary Market Transactions: Jayaratne Tells Coomaraswamy

Good governance activist and former Chairman of the Ceylon Chamber of Commerce, Chandra Jayaratne has requested the new Central Bank Governor, Dr. Indrajit Coomaraswamy, to let the Securities and Exchange Commission (SEC) be the regulatory oversight over Government bond issues and the related secondary market transactions. In a letter addressed to Dr. Coomaraswamy on July […]

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EPF Scam: Central Bank Governor Accused Of Pussyfooting

The Central Bank’s stance on the accused perpetrators of the Employees Provident Fund (EPF) scam is been severely criticized by Central Bank whistleblowers. A group of whistleblowers went on to say that the precent Governor, Indrajit Coomaraswamy and the Monetary Board should know that this was the very same institution that once had a reputation for taking a firm […]

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Probe Against Perpetual Treasuries: Police On Snooze Mode

The Police appear to be on snooze mode despite a formal complaint seeking an investigation into Central Bank’s Primary Dealer Perpetual Treasuries for its alleged involvement in the Treasury Bond scam, committed during the tenure of ex-Governor Arjuna Mahendran, a close associate of Prime Minister Ranil Wickremesinghe. Highly placed sources claimed that a formal complaint […]

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Perpetual Treasuries Says Facing Risk Of Bankruptcy

Perpetual Treasuries Private Limited, which just last year recorded of profit of over Rs. 5 billion has said that it faces the risk of going bankrupt. The claim was made, when it filed a writ application in the Court of Appeal seeking an order restraining Central Bank against a decision taken to curtail operations of […]

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