Govt. must claim damages from Mahendran’s son-in-law: JVP
Posted on June 29th, 2016

Daily Mirror

The Government not only needs to remove the Central Bank Governor Arujuna Mahendran from his post but also should claim damages from him and the company owned by his son-in-law, the Janatha Vimukthi Peramuna (JVP) said today.

JVP Leader and Chief Opposition Whip Anura Kumara Dissanayake told a media briefing that the government should recover the extra funds earned by Mr. Mahendran’s son-in-law from the fraudulent purchase of bonds.

Mr Dissanayake said the interest rate of the final phase of the March 2015 bond issue jumped to 14.6 percent whereas the interest rate of the initial phase was 12 per cent. In his address to the nation on August 2016, President Maithirpala said he had told Prime Minister Ranil Wickremesinghe that Mr. Mahendran should be asked to resign as otherwise it will tarnish the PM’s image.

This clearly shows that the President is fully aware that something fishy had taken place,” he said. Mr. Dissanayake said the government could not pass the buck on the parliamentary Committee on Public Enterprises (COPE) as it had been appointed to carry out the specific task of monitoring public institutions and not to penalize anyone.

It is the President and the Prime Minister who should act now,” he said. (Yohan Perera) –


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One Response to “Govt. must claim damages from Mahendran’s son-in-law: JVP”

  1. Ratanapala Says:

    JVP is right in this instance. Central Bank bond fraud is the very first daylight robbery of the Yahapalana Administration. With this scam Arjuna Mahendrans’s son in law profited and the people of Sri Lanka were made to pay extra interest far above the market rate. People of Sri Lanka will have to shoulder this burden for many more years to come, while the perpetrators got enriched overnight.

    These culprits – Arjuna Mahendra and his son in law Arjuna Aloysius must be brought to book and before justice. Arjuna Mahendra will be happy to leave with the ill-gotten gains, but he should be arrested and brought before the FCID in the same way others are brought in. They stole and defrauded billions of rupees and the punishment must be in line with the magnitude of the crime. Also there must be a way to recoup the losses to the people of Sri Lanka from these fraudsters.

    At the current time FCID is only used for revenge arrests against political opponents.

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