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Mahendran acts as advisor to Fin Min: ACF

23 January 2017 06:14 pm - 11     - {{hitsCtrl.values.hits}}

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The Anti-Corruption Front (ACF) led by Ven. Ulapone Sumangala Thera wrote to President Maithripala Sirisena today demanding him to prevent former Central Bank governor Arjuna Mahendran from attending meetings at the Finance Ministry.

In its letter, signed by the Thera and the Front’s Advisor Rajith Keerthi Tennakoon, the ACF said that Mr. Mahendran is a regular attendee of the Finance Ministry meetings which are being held every Tuesday and Thursday to advise current Governor Indrajit Coomaraswamy on decisions that should be taken by the Monetary Board.

It said Dr. Coomaraswamy, Treasury Secretary Dr. R. H. S. Samaratunga and Advisor to the National Policies and Economic Affairs Ministry R. Paskaralingam take part in these meetings.

“Mr. Mahendran, who faces serious allegations regarding the controversial Treasury bond scam, currently acts as an advisor to the Ministry of Finance on the Central Bank. When Dr. Coomaraswamy was appointed Governor this meeting was held each Monday and Thursday at 5 pm on July, August and September. The dates later changed to Tuesday and Thursday and the last meeting was held on January 6, 2017 at 11 am. During that meeting, Mahendran advised Coomaraswamy on the decisions that should be taken by the Monetary Board, which is a violation of the Banking Act,” the letter said.

The ACF lauded the President for appointing a Special Presidential Commission of Inquiry to investigate the Central Bank bond issue and recommend actions. It urged the President to show his commitment to good governance by action and not by mere words.

“If Mahendran is still in a position to advise and influence the Monetary Board, the people of Sri Lanka will surely think that the Special Presidential Commission of Inquiry which you will appoint will be another ploy to buy time. Thus we sincerely believe that you would immediately prevent Mahendran from communicating with the Treasury as a coordinator to the Ministry of Finance,” the letter said.

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  Comments - 11

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  • Sunil Monday, 23 January 2017 08:36 PM

    He should be appointed to the committee to inquire on the CB bond scam.

    Lokka Monday, 23 January 2017 08:42 PM

    This the so called 'yahapalanya' turned Yama palanaya or 'hora' palanaya.

    concern Monday, 23 January 2017 09:07 PM

    P M's buddy!What could you expect!

    SL Tuesday, 24 January 2017 02:12 AM

    No his mother will be appointed in accordance to SL style!

    Jagath Leanage Tuesday, 24 January 2017 06:27 AM

    In sinhala there is a nice saying . " horungeth horu, kamba horu ".

    Sunny Tuesday, 24 January 2017 07:10 AM

    Until a person is legally proven guilty he cannot be sidelined. His experience and knowledge is useful to the nation. For instance there are so many cases and accusations against government servants and members of parliament, their services will be utilized until court decides. We are paying their wages, until then we use their services.

    Citizen Tuesday, 24 January 2017 07:42 AM

    DISGRACEFUL! HE SHOULD BE ARRESTED

    joshua Tuesday, 24 January 2017 08:02 AM

    so what? He is not a person convicted in any Courts? What about the corrupt politicians in the Parliament?

    Sambo Tuesday, 24 January 2017 08:05 AM

    This is Sri Lanka style. You put a rouge to catch a rouge. So When you go to see all are rouges.

    Nihal Amarasekera Tuesday, 24 January 2017 08:12 AM

    It's all Ranil doings ...MS who?

    Sid Monday, 23 January 2017 07:13 PM

    Wow after all this he's still working in the ministry as an advisor?way to go yahapalanaya!


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