Former Chairman of the Committee on Public Enterprises (COPE) and Communist Party (CP) Leader DEW Gunasekera has requested President Maithripala Sirisena to not extend the term of controversial Governor of Central Bank, Arjuna Mahendran.
Citing reasons for this request, Gunasekera pointed out the back to back alleged bond scams as one reason for this.
He also urged Sirisena to carry out a full scale investigation to inquire into the bond scams carried out during Mahendran’s tenure as Governor.
He also recalled the Central Bank’s failure to furnish with the required information to former Ceylon Chamber of Commerce Chairman Chandra Jayaratne’s request who sought details about the bond issuance by the Central Bank.
“Confidentiality of the bond issuance should only be maintained until they are issued, but not after it has being issued,” Gunasekera noted.
In April, Gunasekera charged that even though the Central Bank had initially announced that it was going to issue treasury bonds to the tune of Rs. 40 billion in March 2016, the bank had instead issued bonds to the tune of Rs. 80 billion. “This is the second biggest financial scam within a year,” he said.