President closes stable after horse bolted: JO

30 March 2018 06:05 am - 6     - {{hitsCtrl.values.hits}}

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While welcoming the President’s decision to move the Central Bank which was under the Prime Minister’s purview back to the Finance Ministry, the joint opposition yesterday said however, the said decision could be regarded as closing the stable after the horse had bolted.

President Maithripala Sirisena, in an Extraordinary Gazette issued on Wednesday, moved two key institutions; the Central Bank and the Securities and Exchange Commission (SEC); which were under the National Policies and Economic Affairs Ministry headed by the Prime Minister, back to the Finance Ministry.

Joint opposition member MP Bandula Gunawardena told a news conference that the said decision taken by the President was really important at this juncture and added that it was also appreciable that the President had scraped the Cabinet Committee on Economic Management headed by the Prime Minister.

“The Prime Minister has taken the Central Bank to his purview, appointed Arjuna Mahendran as its governor and the controversial Central Bank’s bond scam took place thereafter incurred a staggering Rs.2,000 billion loss, which have resulted his fate at present,” he said.

He said the Prime Minister was still safeguarding Arjuna Mahendran. He also said the No-Confidence motion brought by the Joint Opposition against the PM was mainly based on the irregularities which had taken place on his part with regard to the bond scam.

He said however, the President’s decision could be regarded as closing the stable after the horse had bolted, because he was instrumental for bringing in irreparable loss to the country, even if he had step down from his post or had lost the No-confidence motion.

He also said following the said decision of the President, he had still hinted that it would be difficult to run the country in this manner. (Kalathma Jayawardhane)

 

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  Comments - 6

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  • Sincere Friday, 30 March 2018 01:12 PM

    President has elephants there Bandula, not horses. He knows when to open it and when to close it. You have nothing to worry about.

    Manoj Friday, 30 March 2018 01:32 PM

    You are a great economist. You said Rs2500/- is enough for a family for 1 month. some time back. .If you don't know anything please keep your mouth shut. . Don't utter nonsense.

    das Friday, 30 March 2018 01:57 PM

    At least we voted the donkeys out of office in 2015

    Surath Friday, 30 March 2018 07:26 PM

    Your statement is very correct. But some people are always adherent to the past. This is the misfortune of Sri Lanka

    CITIZEN Saturday, 31 March 2018 09:26 AM

    Come on DOCTOR great discovery!!!

    Reader Saturday, 31 March 2018 12:49 PM

    How could President and even this MP think such scam when Mr Clean had taken full responsibility.


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