The whole nation asks why only the sprats are indicted in the Central Bank scam leaving the whale out?
Posted on June 15th, 2019

Sudath Gunasekara 6.15.2019

JVP MP Sunil Handunnett quite correctly has said it was not sufficient only to indict officials but the political authorities behind the scam should also be brought to book

He also has said the Presidential Commission into the bond scam and the COPE report had both clearly indicated that Prime Minister Ranil Wickremesinghe was responsible for this illegal transaction. Adding more he also has said the Prime Minister mediated to appoint Arjuna Mahendran as CB Governor and the Central Bank was taken over by the Economic Affairs Ministry under him during the same period and he had given also given an assurance to Parliament that Mahendran would return to Sri Lanka in accordance with his wishes. So he should be named as the first respondent in the case,” he further said.

I attaché here part of an article I posted on February 27th 2019 in the Lankaweb with a copy to the Secretary to the President in this regard to substantiates what is said above by MP Handunhetti. In my opinion Ranil should have been named as the first accused in this case for the reasons I have clearly explained in this article. I hope both MP Handunhetti and all those who are concerned on this mega political gamble will take up this issue in the interest of the general public.

How the conspiracy of the CB scam was hatched and carried out and who actually did it.

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 went to Singapore and invited him to come, offering the Governorship of the CB long before the Presidential election

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

It was he who took full responsibility for Arjunas 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 step in this mega 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 immaculately from the beginning to 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 which would have exposed the CB scam/

(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 own Commission

Then he also wanted Mahendran appointed for a Second term which the President refused and got Coomaraswamy appointed  (Even that I don’t think has made a     difference    as he is the brother of Radhika Comaraswamy another front line international agitator against the Sinhahala Buddhists)

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 his party that 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 RW who spear headed the 19th Amendment that reduced the powers of the President including the most crucial one, the power the Presdent had to dissolve Parliament

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 opine RW was the Golden brain behind this whole episode.

Why can’t the President or law enforcing authorities take action against Ranil taking these actions as serious crimes he has committed against the State and take action accordingly?

Of cause one could argue that he cannot be treated under the 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 by the AG.

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 under these circumstances

The First accused is Ranil Wickramasinha

Second Arjun Mahendran and

Third Ravi Karunanayaka

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

The President has to take the lead in this matter  more than any other as the Head of the State,  in  time as he is also definitely a partly responsible for most of these crimes committed by RW. RW should be knowing it better than anybody else that it is he who will get appointed as the President of the country if Maitri is eliminated. So it hangs on as to who will be the first. It is as simple as that. The President should realize this precarious situation at least now and arrest RW immediately and institute legal action against him for the crimes he has already committed against the nation. 

6 Responses to “The whole nation asks why only the sprats are indicted in the Central Bank scam leaving the whale out?”

  1. Ananda-USA Says:

    Correction please: Ravi Karunanagam!

  2. Ananda-USA Says:

    Oops!
    Correction please: Ravi Karananayagam !

  3. aloy Says:

    MP Sunil knows very well that nothing of any sort mentioned above will not happen even if a different government comes to power under the existing constitution; these statements are for the consumption f the gallery.

    To my mind what should happen is a national referendum to abolish 19A and also get rid of controversial decision to change the 12% to 5% by prez Premadasa. Premadasa’s action was selfish and 19A was targeting MR’s family. Both these affect the fundamental rights of citizen and has been done without their consent. So, the prez Sirisena should go for these immediately without holding a presidential election in December. He will then be able to stay for one more year and see to it that general election is held under new rule.

    I am sure a new party that gives an assurance to change the constitution as per their their manifesto will get the mandate of the people.

  4. aloy Says:

    Sorry “…nothing of any sort will happen…”

  5. Ratanapala Says:

    The other co-conspirators are those who took part in the now infamous ‘breakfast meeting’ – Kabir Hashim, Kiriella. Malik Samarawickrama et al.

  6. Susantha Wijesinghe Says:

    These BUGGERS rob the Country with impunity. HITAN is soft peddling to save HUTAN. As long as HUTAN is a free bird, his Buddy from Sing Apooruwa will be in hibernation eternally. IT APPEARS THAT HUTAN HAS ASKED THE PATHOLA AYE JEE PEE AND SEE EYE DEE, TO GO ON VACATION. BILLIONS ARE DRAINED OFF TO MAKE TWO OR THREE FAMILIES HAPPY. COUNTRY IS HELD TO RANSOM. The day of reckoning can be seen in the Horizon. BUDDHU SARANAI SRILANKA !! HALLELUJAH.

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