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Mahendran not to seek re-appointment as CB Governor

24 June 2016 01:07 pm - 18     - {{hitsCtrl.values.hits}}

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Central Bank Governor Arjuna Mahendran today informed the Monetary Board that he would not be seeking re-appointment as Governor of the Central Bank when his term finishes on June 30.

He had said at the Monetary Board meeting today that he would not seek re-appointment until the Parliamentary Committee on Public Enterprises releases its final decision on issues related to the issuance of Treasury Bonds in the years 2015 and 2016, Central Bank said in a statement.

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  Comments - 18

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  • Percy Friday, 24 June 2016 08:13 PM

    Dont wait for COPE Report. Ask your conscience. Percy.

    ananda Friday, 24 June 2016 08:27 PM

    In comparison he is much better than Cabral. via DM Android App

    Siva Friday, 24 June 2016 02:35 PM

    He had said at the Monetary Board meeting today that he would not seek re-appointment until the Parliamentary Committee on Public Enterprises releases its final decision on issues related to the issuance of Treasury Bonds in the years 2015 and 2016, - So the door is still left open

    Konde bandapu Cheena Friday, 24 June 2016 02:47 PM

    damage done

    raz Friday, 24 June 2016 02:50 PM

    regardless of the COPE decisions please go so the controversy ends. via DM Android App

    pras Friday, 24 June 2016 03:00 PM

    tks to the public he was forced to do so. via DM Android App

    kk Friday, 24 June 2016 03:05 PM

    He is only an arrow... via DM Android App

    Gayan Friday, 24 June 2016 03:10 PM

    Trying to fool the people. No need for conditions, go NOW.

    patriot Friday, 24 June 2016 03:13 PM

    There is a catch here, "he would not seek re-appointment until the Parliamentary Committee on Public Enterprises releases its final decision", after all are their people. He can't go back to HSBC???

    Sharon Friday, 24 June 2016 03:20 PM

    Best option. Made enough money and go safely. Crooks via DM iOS App

    Premalal Friday, 24 June 2016 03:32 PM

    It is very unlikely that any international financial organisation would hire him after his alleged dubious financial transaction as the governor of the CB. So naturally he will look to come back to the country where honour does not matter.

    Rosh Friday, 24 June 2016 03:45 PM

    Return the stolen money via DM Android App

    Devaka Friday, 24 June 2016 04:24 PM

    Still leaving the door open to steal more

    Bingo Friday, 24 June 2016 04:27 PM

    I thought this guy should be in Jail by now.. Now he will happily stay in Singapore

    Media watcher Friday, 24 June 2016 04:30 PM

    If he is a person with integrity, he should resign now and should not even think of coming back. Why does he want to serve people when there is a big public outcry for him to leave? May be he knows that this is a place where he can make a fortune or he can't get any respectable job due to lost credibility. He is the only man who wants to cling on to the post when public says "WE DON'T WANT YOU" . Does his family care about his pride? Why can't they advice him to leave? Why do you allow your family member to stay when everybody else ask him to leave?

    Cheers Friday, 24 June 2016 04:44 PM

    Next govt will jail him along with a lot of ministers in this present govt so will be fun

    Silva Friday, 24 June 2016 05:26 PM

    Not, not sur singapore with allow him to stay, because they are a clean country with clean record, there is no room for this kind of people !

    Upul Friday, 24 June 2016 05:27 PM

    Mr. Mahendran, do you have any shame to cling onto a job, when most of the people reject you? If you are a real gentleman, show some dignity and resign right away.


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