Fri, 19 Dec 2014 06:07
Apps Ad Specs Home Delivery Feedback
Sack Cabraal and PBJ-UNP
2013-02-09 10:03:06
17
4864
The United National Party (UNP) yesterday urged the government to sack Central Bank Governor Ajith Nivard Cabaral and Treasury Secretary P. B. Jayasundera over allegations that they were responsible for the ‘fraudulent deal’ between the EPF and The Finance Company.

UNP parliamentarian and Public Accounts Committee Member R. Yogarajan told a news conference the government should take action against Mr. Cabraal and Mr. Jayasundere as they had approved this deal which affected thousands of EPF contributors.

He said the decision to use the EPF to invest in The Finance Company had to be approved by both Mr. Cabral and Dr. Jayasundara as prominent members of the Central Bank Monetary Board which gives the final approval for the investments made by the EPF.

Mr. Yogarajan said the PAC had decided to question Mr. Cabraal and Mr. Jayasundere regarding this deal. He said the reports that the PAC had accepted the explanation given by EPF officials was totally false.

Mr. Yogarajan said all those responsible would be summoned by the PAC. He said labour ministry officials would also be summoned.
The EPF purchased shares in the loss making The Finance Company at Rs.50 a share when the actual price of a share was Rs.30.(Yohan Perera )

Comments - 17
Saliya Wickremasuriya Saturday, 9 February 2013 00:00
The entire nation knows that there are two humle laundry cleaners. via DM Android App
Reply .
0
0
ab Saturday, 9 February 2013 00:00
good idea. Our country needs patriotic economists. This is the need of the hour. via DM Android App
Reply .
0
0
sl Saturday, 9 February 2013 00:00
They have done nothing for development of the country. Contry needs real persons for these prestigious posts. via DM Android App
Reply .
0
0
weha Saturday, 9 February 2013 04:41
In this regime The number of frauds you commit is proportional to how qualified you are .
Reply .
5
76
jane Saturday, 9 February 2013 05:20
Miracle of Asia
Reply .
8
52
PRASANNAJIT Saturday, 9 February 2013 07:24
This is not only the miracle of Asia but going to be the miracle of the world.
Reply .
5
49
Mahinda raja Saturday, 9 February 2013 09:20
Mahinda Chintanayata Jayawewa.
Reply .
7
40
janaka Saturday, 9 February 2013 09:23
MR please have a committee formed to investigate and impeach both.
Reply .
4
40
Motta Rala Saturday, 9 February 2013 14:16
Hello Janaka...MR cannot do that, as then the truth and ''other t'ruth'' will also be exposed and HE also will be implicated..So How??
Reply .
1
13
Nalaka Saturday, 9 February 2013 15:19
Is there any Gold reserve or Foreign currency reserve left in the Centrsal Bank. Don't worry people are printing their own money in their homes.
Reply .
1
15
Gemini Saturday, 9 February 2013 15:31
Mun dennama loka horu with state protection.Nothing can be done.
Reply .
1
18
Ratna Saturday, 9 February 2013 15:44
I wonder from where Punchi Banda Jayasundara got his doctorate?
Reply .
1
19
John Saturday, 9 February 2013 16:36
University of Kelaniya.....?
Reply .
2
15
Jagath Leanage Saturday, 9 February 2013 18:00
Two failed officials.
Reply .
1
16
Ranish Sunday, 10 February 2013 00:00
I know Nivard Cabral from my ICA study days. From that time to now what a change we see in him. he used to be one of those high ranked real professionals. But now he is a real joker. what a transformation. Now he is one of MR's faithful puppets. via DM Android App
Reply .
0
0
Sujith Perera Monday, 11 February 2013 03:16
Yana yaka korahath bindagena yanannai yanne.
Reply .
0
0
Ha Ha Ha Monday, 11 February 2013 04:10
Our Money Sir ?????????
Reply .
0
0




Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.
Name :
Name is required
e-mail:
Email is required
Comment :
Comment cannot be empty

POPULAR POSTS