Why doesn’t the Government arrest Ranil immediately on the findings of the Bond Commission Report and the following crimes he has committed against the State?
Posted on December 2nd, 2018

That will  immediately resolve the current political impasse. By Dr Sudath Gunasekara 

2018.11 25.

I am sending you herewith a letter published in the Lankaweb at the beginning of this year along with the responses for your immediate attention.

No action has been taken against any of these culprits (Ranil, Mahendran and Ravi) by the President. Probably he may have been indifferent to this letter at that time even if someone has brought it to his notice

But now the yahapalanaya honeymoon is over and as he is also in a very big mess due to his own actions he might promptly act.

Therefore why doesn’t  the government move ahead with this suggestion and also using the facts revealed by the Bond Commission Report and immediately arrest Ranil for committing   treason against the State and whatever other charges legal jargon provides for the crimes he has committed including the unlawful occupation of the Temple Trees now for over one month conspiring against the State.

This I think is the shortest cut and the best strategy to get out of the present political impasse in the country.

1 First the majority problem for the Government in Parliament will cease to exist thereafter

2 The UNP will be left leaderless and will run into disarray beyond recovery.

3 All protest satygrahas, demonstrations and pelipali will stop.

4 Then Karu J will be just a deflated balloon

4 Sajith, Navin, Rajitha and even Champaka will begin quarrelling for its leadership and it will split in to pieces and that will be the end of the UNP as a political party.

5 Whoever wins the leadership those disgruntled will join MR’s Government consolidating its majority

6 MR then can go on until the 4 and ½ year period is complete or in the event of the SC decides dissolution is in order, then he can request the President to issue a new Gazette  fixing the dates for the election and go for elections and he will win the election with at least a 2/3 majority if not more in the new Parliament so that he will have a strong Government under which he can have a new constitution  incorporating all the aspirations of the Bhumiputras, fully restoring the independence and freedom we lost to the British in 1815.

Punish all those who have masterminded the Central Bank gang robbery ASAP.

Posted on February 15th, 2018 (published in Lankaweb)

Dr Sudath Gunasekara


As I was listening to yesterday’s (14) 7 pm Hiru news bulletin, I saw Dr. P. Mahanamahewa explaining in detail how to deal with Arjuna Mahendaran in case if he does not turn up at the CID Office before the 15th. Today is 15th but still Mahendran, the third accused as I have stated before has not turned up.  Leaving aside the legal intricacies my question is, are we going to leave it at that. Suppose he never comes back and escape the Sri Lankan, then what next?

If that happens on whom are we going to fix responsibility regarding this mega robbery which has completely ruined a nation with spillover effects on the nation’s ailing economy for decades and generations to come?

How the conspiracy was hatched and carried out AND BY WHOM

The whole country knows it was Ranil Wickramasinha who brought Arjuna Mahendran to Sri Lanka and got him appointed as the Governor of the Central Bank in spite of strong objections raised by the President, as the Head of the State

It was he who invited him to come offering the Governorship of the CB

It was he who got the CB under him as pre-planned from the Finance Ministry.

It was he who took full responsibility for his selection and insisted that Mahendran should be appointed, when the President objected for his request to appoint his buddy

Taking the Central Bank under him from the Finance Ministry was the first conspiracy and crime committed by Ranil to ensure that this mega robbery will be carried out to its perfection with impunity.

I have no doubt Ranil did all this knowing that Mahendaran was not even a citizen of this country and therefore he cannot be taken to task by the Government of this country  once he send him out after the job is over. This clearly proves beyond all reasonable doubts that Ranil was the master mind behind the CB scam and he is the man who planned and got it implemented from the beginning tot the end.

Therefore he is definitely the Accused no 1 in this mega robbery.

When the matter was raised in Parliament it was Ranil who defended him in the House on 17th March 2015

It was also Ranil who introduced the new system of Bond auctions as revealed by Arjuna Mahendran before the commission in his evidence

It was also Ranil who got the President to dissolve Parliament in August 2015 a day before the Dew Gunasekara COPE Report was to be presented to Parliament and thereby criminally avoided the Report being debated in Parliament.

(This lapse led to the second Bond Scam the subject of the present debate)

He also appointed his own commission of Party lawyers and got Mahendran exonerated before the President appointed his Commission

Then he also wanted Mahendran appointed for a Second term which the President refused and got Coomaraswamy appointed

After that Ranil appointed Mahendran to another high post under his Ministry disregarding and ignoring his highly questionable role in the CB scam and also ignoring the President, probably thinking that it was he who got Mr Sirisena elected as the President, which is partly true.

When he was asked to give evidence before the Commission he got the Commissioners to send him a list of questions to be asked AT THE INQUIRY in advance carefully prepared, so that he can come prepared to answer them, perhaps designed to exonerate him.  This is like the Commissioner of Examinations sending the Question papers to a candidate and accepting his answer scripts at the examiners home and pass him with distinction.

He also got Ravi Karunanayaka the Finance Minister his confidante and Deputy Leader of the UNP to instruct all State Banks to bid at the auction at lower interest rate ( 9.5%) so that Ajun Aloysius, who was perhaps advised in advance either by Mahendran his father-in-law who was living with him in his home  or jointly by Ranil and Mahendran asked  him to quote 12.5 % interest as pre-planned.

He was also responsible for increasing the 10 Billion to 40 Billion as Mahendran has revealed in his evidence before the Commission

It was also he who got Sujiiva Serasinha, the Author of the famous Book on CB SCAM, appointed to the COPE as a member.

It was also he who sent Mahendran to Singapore when dark clouds were gathering over the sky.

(It is beyond comprehension how and why a suspect of such a crime was allowed to leave the country, unless there was some powerful intervention behind it). Ranil should know better than anybody else as to how he left Katunayaka Airport without any problem. Ranil knows better than any if Mahendran is arrested and grilled by the CID and by people like Dappula Livera and Kodagoda he will spill out all the beans and the entire gang of Alibaba and 40 thieves and all others who have jointly conspired, aided and abetted in different ways assigned to them by the leader, like writing books, adding foot notes and those benefitted directly or indirectly will be exposed.

He also has taken full responsibility in Parliament and before the President as well for all actions of Mahendraran which makes him responsible before the law for all crimes Mahendaran  has committed.

In this backdrop I don’t think this man will ever come to Sri Lanka. The perpetrators must have done their homework so that he could be kept in hiding safely forever.

Why can’t the President or law enforcing authorities take action against Ranil taking these commitments as serious crimes he has committed against the State and take action accordingly? Of cause one could argue that he cannot be treated under that law as he has not duly singed a bond in court to that effect. Can’t it be accepted as a verbal bond under common law interpreting all what he has done as commissions and omissions against public interest?   I am sure what I have said here could be converted to legal jargon to frame the charges

Therefore the citizens of this country who are the owners of the Central Bank should demand the President to at least now arrest the Golden brain, whoever it is, that conspired, planned and executed this crime with a gang of thieves and who is also doing everything he could, under the sun to protect Mahendran his erstwhile friend for nothing but shear political and personal gain. I don’t think anybody needs to name him. The President should know it better than anybody else. So I leave it to him to decide. I do not know whether he will take the correct decision. But as responsible citizens it is our duty by the country and its people to raise these issues for public debate. If he takes the correct decision on this issue at least now I have no doubt that he will at least partially emerge out of the abysmal political mire in to which he has fallen, not because of anybody else’s fault, but only of his own fault and lapses and lack of far sight.  It will also open the doors for an entirely a new political culture in this country, free from corruption and misgovernment, which the people of this country have been desperately dreaming for decades.

As I rate it

First accused Ranil Wickramasinha

Second Arjun Mahendran and

Third Ravi Karunanayaka

I leave it to the AG can list the others in order.

Those of you who read this will know many more involvements and finer points than this. I beg your pardon for shortcomings in this note.

The background for his selection

Mahendrans are Ranil’s Family friends and strong UNP supporters. Mahendran is also said to be hisschool mate at Royal. He has been appointed to several posts even in 2001 when Ranil became PM. During that time he also appointed Charless Mahendran, Ajun’s farther to the UN.  While he was there he is supposed to have given some vital secret information to Ranil bypassing Chandrika, over which Chandrika got damn annoyed and dissolved the Parliament making room for the 2014 General Elections that routed Ranil’s Government and sent him to the opposition. It is in this background one has to understand as to why Ranil brought Mahendran to the Central Bank

5 Responses to Punish all those who have masterminded the Central Bank gang robbery ASAP.”

Ananda-USA Says:

February 15th, 2018 at 3:13 pm



dhane Says:

February 15th, 2018 at 4:04 pm

Even Grade 5 child in Sri Lanka knows that Ranil was the master mind behind CB Robbery. But President Sirisena is the only person who think Ranil is innocent no need to take any legal action. Why?? If any legal action take against Ranil at the Court Ranil will defend himself saying that it is President Sirisena who had signed letter of appointment. President had all powers not to appoint Mahendra given his reasons also to sack Mahendra immediately after 1st Robbery took place. Instead of doing anything like that President Sirisena encourage by dissolve Parliament in August 2017 a day before the Dew Gunasekara COPE Report. Thereby giving opportunity for the 2nd robbery. Further Sirisena never sacked Mahendra until his full period was over as President did not observed any wrong doing. In my opinion President and this Yahapalana is unable to take any action for those big thieves like Ranil, Malik, Kabeer Hassim & Footnote group. Why not Ranil give a Telephone call to Mahendra whether he is in Singapore or any other country and ask him to come to Colombo. No need Interpol arrest notice to obtain. Take my word no action will take for any of these thieves. Its only the voters in SL can punish them in 2020.

Dilrook Says:

February 15th, 2018 at 4:17 pm

About 2 months ago the JO said they will be bringing a no confidence motion against Ranil over the bond fraud. As I correctly predicted, it never came! It will not come (unless Ranil decides to step down or Sirisena finally decides to remove Ranil).

This corroborates with other evidence. It was reported the most senior JO leader has asked Ranil not to step down. He didn’t vote against Ranil’s budgets. He was absent from parliament when the no confidence motion against Ravi was taken up.

This is the sad reality of the nation.

Central bank crooks have ‘bipartisan’ support. They cannot be punished without removing their protectors on all sides.

I’m still waiting for that JO no confidence motion against Ranil. If JO is honest about saving the nation from corruption this is the perfect time. My guess is the JO will not do it.

Christie Says:

February 15th, 2018 at 5:49 pm

මෙම මැතිවරනයේදී අලුත් සින්හල පෙරමුනක් පිහිටවූ වරම මැතිවරනයක් දිනාගත්තේය.

සින්හලයන් එකතුව ඉන්දියානු අදිරදයෙනුත් ඉන්දියානු පරපෝසිතයන්ගෙනුත් නිදහස ලබාගැනීමට කාලය පැමින ඇත.

Tissa G Says:

February 15th, 2018 at 6:26 pm

The result of the LG election tells loud that people are unhappy about the present mode of the government. Sirisena has brought this curse on the people and the country. The way the things unfold suggests that Sirisena had a collusion with Ranil to carry out the Bond Scam in order to cover the cost of his 2015 presidential campaign.

Sirisena appointed Mahendran to CB while knowing he is NOT a SL citizen and hence he can not be prosecuted under the Laws of SL. The only thing that Arjun Mahendran can do is to implicate Sirisena and Ranil to the highest level of the Bond Scam conspiracy, if he is put on the stand. This is the very thing that Sirisena and Ranil both wanted to avoid.

Serisana should have already taken action to prosecute all perpetrators named in the Presidential Bond Scam Commission Report, if he is innocent. In fact this may be the only way to prove Sirisena is not involved in the CB Bond Scam to the People.

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