{"id":174532,"date":"2017-03-03T09:40:39","date_gmt":"2017-03-03T04:10:39","guid":{"rendered":"https:\/\/www.colombotelegraph.com\/?p=174532"},"modified":"2017-03-10T15:59:32","modified_gmt":"2017-03-10T10:29:32","slug":"auditor-general-acid-test-for-your-credibility","status":"publish","type":"post","link":"https:\/\/www.colombotelegraph.com\/index.php\/auditor-general-acid-test-for-your-credibility\/","title":{"rendered":"Auditor General: Acid Test For Your Credibility"},"content":{"rendered":"

By\u00a0Amrit Muttukumaru<\/a> –<\/strong><\/p>\n

\"\"<\/a>

Amrit Muttukumaru<\/p><\/div>\n

My \u2018Colombo Telegraph\u2019 article \u2018Auditor General Silent on Corrupt CA Sri Lanka<\/a>\u2019\u00a0published last week was written in the context of:<\/p>\n

1) The Auditor-General is an EX-OFFICIO member of the powerful \u2018COUNCIL\u2019 of CA Sri Lanka (Institute of Chartered Accountants of Sri Lanka). You are also a senior Chartered Accountant.<\/p>\n

2) Previously you were Director- General of Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB)<\/p>\n

3) The failure of CA Sri Lanka and SLAASMB to hold the \u2018Partners\u2019 concerned of the two largest audit firms in the country \u2013 PwC & EY accountable for the \u2018Open & Shut\u2019 case of professional misconduct in the fraudulent privatization of SLIC (Sri Lanka Insurance Corporation) confirmed by (i) Supreme Court (ii) Parliament\u2019s COPE (iii) Attorney-General and even CA Sri Lanka ‘Ethics’ Committee itself.<\/p>\n

4) Chartered Accountants and Auditors are the first line of defence against corruption in all entities dealing with financial resources<\/p>\n

\"\"<\/a>

Auditor General Gamini Wijesinghe<\/p><\/div>\n

5) The alleged Treasury Bond scams for which you seek accountability – could not have taken place without the complicity of professionals in the hierarchy of the Central Bank and Bank of Ceylon \u2013 accountants, lawyers and others.<\/p>\n

6) The alleged egregious corruption and abuse of power in Sri Lankan Airlines with banner headlines glaringly omitting to identity its longstanding auditor \u2013 Ernst & Young.\u00a0This is avoided by all purported \u2018good governance\u2019 activists!<\/p>\n

7) You will enhance your CREDIBILITY & MORAL AUTHORITY if you use your membership in the CA Sri Lanka \u2018Council\u2019 to demand accountability for the \u2018Open & Shut\u2019 case of professional misconduct in relation to the fraudulent SLIC privatization.<\/p>\n

8) A regular columnist espousing \u2018good governance\u2019, W.A Wijewardena \u2013 Former Deputy Governor, Central Bank of Sri Lanka was previously longstanding Chairman, SLAASMB<\/a><\/p>\n

9) Prominent media coverage to the several \u2018Open Letters\u2019 from Chandra Jayaratne held out to be a \u201cgood governance activist\u201d
\nConclusion<\/p>\n

It is deplorable that apologists\/proxies? (many nameless!) have come up with \u2018red herrings\u2019 in the continuing saga of the \u2018cover-up\u2019 of the said professional misconduct.<\/p>\n

This include (i) \u201cWhat is CA Sri Lanka? Canadian Aids?\u201d (ii) \u201cDo you have any private grudge or jealousy against CA Sri lanka?\u201d (iii) \u201cCan you please tell What is your profession.\u201d (iv) \u201cWho is Chandra Jayaratne .. Is he Dimu Jayaratne`s brother?\u201d<\/p>\n

Is it too much to expect a response without PREVARICATION in the PUBLIC INTEREST from (i) you (Auditor General) (ii) W.A Wijewardena (iii) Chandra Jayaratne?<\/p>\n","protected":false},"excerpt":{"rendered":"

[…]<\/p>\n","protected":false},"author":22,"featured_media":142887,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,46,8],"tags":[],"class_list":["post-174532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-colombotelegraph","category-constitutional-reforms","category-editorial"],"yoast_head":"\nAuditor General: Acid Test For Your Credibility - Colombo Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.colombotelegraph.com\/index.php\/auditor-general-acid-test-for-your-credibility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auditor General: Acid Test For Your Credibility - 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