29 October, 2020

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Joint Opposition Wants Arjuna Mahendran Out

The Joint Opposition has called on President Maithripala Sirisena to not extend the term of controversial Governor of the Central Bank, Arjuna Mahendran.

Mahendran

Mahendran

In a letter addressed to Sirisena, the members of the Joint Opposition has cited the two bond scams as the primary reasons for their request, while also claiming that Mahendran was not fit to hold the position.

In mid-May, former Chairman of the Committee on Public Enterprises (COPE) and Communist Party (CP) Leader DEW Gunasekera requested Sirisena not to grant Mahendran a second term to head the Central Bank.

It is learnt that the letter which was sent to Sirisena by the Joint Opposition included the signatures of Gunasekera, Tissa Vitarana and Mahinda Yapa Abeywardane among other MPs.

Even though the Central Bank 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, allegedly the second biggest financial scam in a year at the Central Bank.

Continuous requests by good governance activist, and former Chairman of the Ceylon Chamber of Commerce, Chandra Jayaratne from the Central Bank’s Monetary Board for information pertaining to the Treasury Bond issuance, has however proved futile.

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Latest comments

  • 27
    3

    Joint opposition want President out.

    Entire world and experts know that Mahendran is no wrong in that issue.
    But what matters is stupid folks are made to think.

    joint oppoition wants PM out

    Join oppoistion only want MR lead abusive world again.

    • 14
      0

      Please try to undrestand the words added by CURRENT govener immediately after he took his office – ” there is no legal department to have acted independently on behalf of Central bank under MR administration”.

      This explains everything about the mess run by former minister of finance – none other than Maegalomanic all able man of the stupid folks – Mahinda Jarapakshe who has now dealt with any other srilanken diasphora to topple the current regime …

      – the man is next to visit Japan – private visit (entire world is looking at how MR moves forward)

      – then to Italy where all Weerawanse supporters are there

    • 12
      2

      No worreies man, CURRENT governer has jobs anywhere in the world. His efforts to do the job for the lanka was his feelings towards the motherland country even if he currently owns a non-srilanken passport. Please check his credentials before letting the campaign allow continue this way. I hate untruths destroying a person this way.

    • 1
      0

      Punnaking eating masses are kept away from facts.

      That is the mess the lanken press men have created in the country during the last few years alone.

      Even today, not much is against the real abusive bunch is in press … lanken press freedom is abused by few Jounrlists controling the news.

    • 0
      0

      [Entire world and experts]

      REALLY must be a first for the entire world. Or could it be entire Galaxy?

  • 17
    1

    Well written Leelawathi.
    JO has no brains, they just group together to chatter like monkeys.
    All they did was ROB for 10 years.
    They are a Monster lot , that don’t understand ABC or 123.
    There is ABSOLUTELY NOTHING WRONG WITH THE GOVERNOR & he has done NO wrong.
    He’s just trying to make good of a bad situation that the CBSL has come down to, due to Cabraal & the interference of the RAJAPAKSE CLAN.
    The JO & Chanda Jayaratne are all being bribed , we know who they are, so they get money to write bloody bullshit.

  • 8
    1

    Well written Leelawathi.
    JO has no brains, they just group together to chatter like monkeys.
    All they did was ROB for 10 years.
    They are a Monster lot , that don’t understand ABC or 123.
    There is ABSOLUTELY NOTHING WRONG WITH THE GOVERNOR & he has done NO wrong.
    He’s just trying to make good of a bad situation that the CBSL has come down to, due to Cabraal & the interference of the RAJAPAKSE CLAN.
    The JO & Chanda Jayaratne are all being bribed , we know who they are, so they get money to write bloody bullshit.
    CT editor should use his/her brains & know not to publish garbage

  • 13
    0

    This is a sinister move by the JO to drive a wedge between the PM and the President as Arjun was hand picked by the
    PM. They probably want Nivard Cabral back.
    As the Govt is moving well on a reconciliation track and the world is appreciating the President’s moves as witnessed by the warm receptión he received at the G7 summit so calling for Arjuns removal the JO wants to tarnish
    the President’s image worldwide as Arjun is a Tamil.
    The President should never accede to this call because by doing so he will fall into the trap laid out by the JO.
    Knowing the President as a smart and matured politician I am sure he will not agree to this cunning move by the JO.

    • 4
      0

      Gone were the days, that laughing stock Niward did the job for them.

      He has changed everything he could to please Maharaja et al.

      Floods hit the nation killing hundreds all because there had been no feasibility or the like whatever building or road constructions were carried out.
      They ate not only funds of the nation, they even caused to loose people their lives. Any country that would go for such construction works should have long term disaster CONTROL plans. But mEEHARaka led world did not have space for such work. All because of his kirimati brain.

  • 11
    0

    It is now time. He is incapable of playing train (KOCHIYA) with Namal baby to keep him and his family humored as would the former Governor Cabral would descend to do. NBensen

    • 2
      0

      Cool.You explained it well

      Yes, where on the earth a Bank Governer pleased presidents sons ?

      He became the laughter stock to the country.

  • 3
    13

    Batalanada will never sack him. Bodhi Sira can’t sack him. Some Colombo Embassies and High Commissions wouldn’t allow them..

    • 6
      3

      Yes, nobody mentioned by you can sack anyone. But we the people sacked Rajaakshe. Remember Gon sumane ? Sumane, when would you become normal ? Rajaakshes will take years – all others of the kind will centuries, what about you ?

  • 7
    0

    As leelawathi says Joint opposition wants everyone out except their cronies . They want all people who have brain to out from govt. businesses to loot peoples money at their will.JO want to appoint people whom they want like during MRs notorious years rule. We all remember how they appoint Sri Lankan Airlines, Mihin air, all the board directors of Ceylon petroleum corporation.remember how they handle hedging deal? I will suggest one thing as they appointed accountant cabral as their cB governor, now they can proposed 8 th grade educated Weerawansa as the CB Governor.

    • 9
      0

      Sapumal,

      the problem is the stance is also being respected by JVPers… most JVPrs are locally educated products that cant see it beyond. That Wasanth Samarasinghe has always been on an attack to CURRENT cb governer.

      Every simple simon would add their low levels comments to the air these days.
      They think the current governer is nothing, but he has a record having worked for prestigious banks from Singapore to Dubai.
      Guy is not a foreigner just because he owns Sporean passport. Not knowing the realities, those JVPrs did a greater harm to Rajendran and to their party. I liked JVP becuase of their energies, but I really dont like them becoming a joke like Joint Oppo men that have lost almost everything but not yet MR.

  • 9
    0

    For the love of his motherland and the institution, where he started his banking career, he stayed back with CB,ignoring the humiliations heaped on him by the JO. Over the years, he has excelled in his job and became one of the leading Central Bank governors in the region. He successfully negotiated deals with IMF and other financial institutions
    in the US and Europe and he has shown his ability as a successful negotiator and an able administrator.

    He is an expert in banking, having gained experience in Singapore and
    Dubai, the centre for banking industry in the East & M/E and he could get a very lucrative position in banking industry anywhere in the world
    overnight if he wished to but as a reward in recognizing his valuable services to the country ,the President himself should extend his services as he is an asset to our country. He is beyond doubt, found to be above board where as the accusations are concerned and JO should
    not discourage such people because of their ethnicity.

  • 3
    0

    Who is governing this country. The so called Joint opposition or the party having a majority in the Parliament. There cannot be a jt. opposition with out the TNA and the JVP two major parties in Parliament. The dogs are barking we want the Caravan to move on.

    • 2
      0

      Man, the situation is almost like the case in Israel.

      They have been fighting a war within the country for over 40 years or so. Mostly, when election results are there, almost 51% pro and 49% anti. That makes it dififcult them to go for peace .. sustainable peace. also not underestimating the arab violence nature through out the globe.

      In Srilanka, even if Mr Sirisena and Mr RW got elected by people, there exist a larger fraction over 40% which are pro corruption, abuses of high grade, and all abusive cutlures. Latter is as you know are represented by NONE other than Mahinda.
      Last night all of sudden, I happened to watch Aluth Parliament on the Derana to check what and how locals tick about crucial problems of the nation and country

      1) Even if senior professionals with decades long experience in various areas are ready to help the state, they have been kept away from any adivices by any of the state leaders appointed by nation sofar
      2) People in general are not aware of the need of the hour
      3) People are are easily manipulative and naive
      4) They dont care what experts say, but Stupid leaders that would loot their assets on broad day light
      5) This is the ground reality of the nation

  • 0
    5

    I too agreed that CB governor must quit his position gracefully.
    That is vital interest of all Sri Lankan.

    • 3
      0

      That is not vital interest of srilanken but of JOINT OPPO fools.

    • 1
      0

      Dont say vital interest of the all Sri Lankans! It doesnt include all the people except you and the people like Weerawansa and Dinesh Gunawardaneé There may be people like Chandra jayarathne and Wijewardena. They are paid to write and complain. They havent proved a single charge against Mahendran. I am not pro Mahendran because he was appointed by the PM. But any country which was doing great in their monetary activities have appointed able persons. They haven’t look for their ethnic back ground. As a example England has appointed Mark Carney as Governor of the Bank of England. The Governor of the Bank of England is also Chairman of the Monetary Policy Committee, with a major role in guiding national economic and monetary policy, and is therefore one of the most important public officials in the United Kingdom. Just let us know on what basis you people are interfering like this in our state of affairs

  • 3
    0

    Like India has appointed Raghuram Raj.
    He is an Indian , but is a US citizen.
    So what’s all this unnecessary hullabaloo about.
    I Guess with little or no education are the ones in politics.

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