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Mahendran transferred 500 CB staff in 2015

16 March 2017 11:59 pm - 20     - {{hitsCtrl.values.hits}}

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When Arjuna Mahendran was the Governor of the Central Bank, he had transferred 500 members of the bank's staff, including some senior officers and heads of departments, in year 2015 alone, an official said.

Assistant Governor and Secretary of the Monetary Board of the Central Bank, H.A. Karunaratne told the Presidential Commission of Inquiry to Investigate and Inquire into the Issuance of Treasury Bonds, on Thursday, that it was the first time in the bank’s history that so many transfers had been made within one year.

He said about 200 transfers usually took place during a year. He said that in 2015 alone, some 34 officers in 30 departments had been transferred by Mr. Mahendran.

He said that the transfers were unnecessary and the bank's staff were displeased about the transfers. “Due to these transfers some departmental heads met Mr. Mahendran to discuss the matter,” he said. (Manopriya Gunasekera and Ranjan Katugampola)

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  Comments - 20

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  • Nuwan Friday, 17 March 2017 04:06 PM

    A method of creating confusion and theft amidst chaos. This person is clever and is on a mission to bring the country on its knees.

    avisenna. Friday, 17 March 2017 09:18 PM

    Very clever used all the inside info used a national governments friendship to earn billions for the family. He will emerge unscathed. Any other country he will get minimum 7 years. via DM Android App

    Kadupol Jothywansa Friday, 17 March 2017 10:05 PM

    Hay Mahendran you chased the cats to protect your Jaffna rats. Hay man, don't talk foul talks.

    Kiris Baba Amaray Friday, 17 March 2017 10:08 PM

    Hay man, you had only your Jaffna people to support you, which is wrong. You too a racialist like Vigneswaran.

    Bubble Banda Friday, 17 March 2017 10:11 PM

    I am a strong supporter of UNP, but what I want to relate the facts, Arjun Mahendran kept all his Jaffna Tamils under his clause and played out our Public money in billions.

    Manuel Benjamin Friday, 17 March 2017 10:14 PM

    Ranil should study about you Arjun and he should never support all your bogus affairs. You are a liar man but hereafter you cannot cheat MS.

    Govinda Friday, 17 March 2017 12:12 AM

    He chased the cats away so that only the rats are only left and there will be none to bell the cat.

    Dr.Watson Friday, 17 March 2017 01:21 AM

    A Bull in the China Shop?

    Ruwan Friday, 17 March 2017 02:53 AM

    He transfered the Mechanical Engineer (Mr. Jayanetti) to EPF Department to work as a Fund Manager. Mr. Bond did many such adventures. via DM Android App

    Sunil Friday, 17 March 2017 04:41 AM

    To the PM and the Finance Minister who nurtured and are still protecting this moron we say Get Out.

    Gamini Saturday, 18 March 2017 05:19 AM

    Just wondering why my previous comment is not published?Wondering if this Institution is pandering to the political needs of one Group? If so, it's unprofessional and unethical.

    Citizen Friday, 17 March 2017 04:56 AM

    Cats or rats, CB does not require 500 staff. Not sure how many working ????

    Dot Friday, 17 March 2017 05:13 AM

    so what were his answers before the commission .Need to hear from the person the accused on the dock ...all this is so good but we the educated public who have not crashed the o levels , leave us to judge the situation .

    S B Lokuge Friday, 17 March 2017 06:23 AM

    Obviously the instructions to these transfers came from some politicians. Who are they and who recommended the replacements?

    Sam Friday, 17 March 2017 07:31 AM

    AM is innocent in this Bond Affair. It is a story fabricated by the JO to discredit his service to the country.

    citizens Friday, 17 March 2017 07:34 AM

    Don't you think it would have been the other way around

    Nihal Amarasekera Friday, 17 March 2017 07:48 AM

    He was only trying to 'clean up' for safekeeping.

    dulan Friday, 17 March 2017 07:56 AM

    He should have sacked 500 .

    JAN Friday, 17 March 2017 08:51 AM

    AM transferred all clever officials who were against him to do his illegal bond steal as he planned early Now confiscated all that 32 BLN jail AM immediately via DM Android App

    Indika Friday, 17 March 2017 10:44 AM

    Would like to know who replaced those seats? Police need to inquire about them and should be able to find out many secrets if they do.


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