Two wrongs do not make a right: VAC

8 February 2017 09:45 pm - 8     - {{hitsCtrl.values.hits}}

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The financial misappropriation allegedly committed by former Central Bank (CB) governor Arjun Mahendran could not be swept under the carpet just because he alleged that his predecessor was also involved in such misappropriations, Voice Against Corruption (VAC) today charged.

In response to the claims made by Mr. Mahendran, VAC Convener Wasantha Samarasinghe told the Daily Mirror that the audit report prepared by the CB's Internal Audit Department was an annual report surveyed under several investigations and added that further steps should be taken against him based on this report.

“The audit report has clearly denoted that Mr. Mahendran had spent Rs. 66mn of CB funds for his own purpose on 163 occasions during a span of 21 months for personal purposes. There are evidences such as bills and invoices to prove the fact,” he said.

He said Mr. Mahendran could not avoid the allegations against him by referring to the former rulers. He also said the other frauds also should be revealed if the former rulers have also engaged in such matters.

Earlier, the VAC has revealed that Mr. Mahendarn failed to produce valid invoices for the 163 occasions he had either purchased goods for himself or had paid hotel bills and on one occasion he was known to have bought a blazer for Rs. 2,000, 000.

However, while rejecting these claims Mr. Mahendran, in a statement to the media, on Tuesday said a group of disgruntled CB employees closely allied with a former governor lobbied for his removal because he cancelled all the tamashas and excessive foreign travel enjoyed by a few of his selected cronies.

“These statements are libellous in the extreme. They are based on extremely dubious and unverified sources,” he added. (Kalathma Jayawardhane)

  Comments - 8

  • Selvyn Thursday, 09 February 2017 06:16 PM

    Hello man you think you and your JVP members are perfect. Hey you better first do a self assessment about yours and your party. via DM Android App

    mal Thursday, 09 February 2017 08:45 AM

    Thanks to Yahapalanaya people express without fear, otherwise this bond issue would have been under the carpet with no voice at all.

    Nish Wednesday, 08 February 2017 10:47 PM

    According to UNP Wasantha Samarasinghe is a former disgruntled employee on central bank. From where should we laugh?

    Nim Dissanayake Friday, 10 February 2017 09:39 AM

    Wasantha, you seems to have woken up now. During the the previous Government, where were you to correct them in the ifirst place. Then there wouldn't have been a 'second' time. Double standard eh!.Go back to sleep.

    Thanga Thursday, 09 February 2017 05:37 AM

    Rs.66 million spent by Mahendran is a huge amount. The defence his predecessor also spent money is no excuse. The present Governor should order an independent audit to examine and report on the expenses. Any expenditure on personal items must be disallowed and Mahendran should be asked to reimburse all such expenses.

    Citizen Thursday, 09 February 2017 05:51 AM

    The whole country knows the truth. We are all awaiting action.

    Anja Thursday, 09 February 2017 06:06 AM

    UNP Wasantha talks of only 66 how about billions was it sent to under carpet by UNP Anura via DM Android App

    SAM Thursday, 09 February 2017 06:11 AM

    Nobody is guilty and NOTHING will come out of this.


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