Punish all those who have masterminded the Central Bank gang robbery ASAP
Posted on June 2nd, 2018

Sudath Gunasekara


I am posting here again my article on the above topic published in Lankaweb on February 15th, 2018. Since nothing has happened up to date even after four long months.

As the subject matter has assumed new dimensions with the tussle over this ‘sacred’ Commission Report purported to have been withheld by the Secretary to the President by sending it to the Govt Archives for 30 years limbo instead of sending it to the Parliament as requested by the Speaker. This action on the part of the Secretary proves that there are many more wheels within this gang robbery than we ever imagined.

Probably he must have been advised by the perpetrators who masterminded this gang robbery to do so, so that none could be punished till 30 year are over. Meanwhile who knows, failure to take immediate action on this crime will result in robbing the other State Banks as well, as divulged by the President two day ago.

Therefore the need to take immediate action, on this matter at least now, in the interest of the general public and the country.

Mr President it is up to you to go in to action immediately without wasting you valuable time engaging in useless vituperative and lose talk as you did at the Rev Sobita Theras commemorative anniversary the other day. Sink or sail are the only options available at your disposal now?

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

Posted on February 15th, 2018

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 escapes the Sri Lankan law, 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 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, 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, ineffectively as usual, for his request to appoint his buddy

When the matter was raised in Parliament it was Ranil who defended him in the House on 17th March 2017

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 2017 a day before the Dew Gunasekara COPE Report was to be presented to Parliament and thereby 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 absolutely 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. The dramatic way Auditor Geneal mollycoddled him at the Commission hearing was adequate proof of preplanned leading. 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 ( 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 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 to defend Arjun M/

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 brilliant lawyers 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.

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

Why can’t the President or law enforcing authorities take action against Ranil taking these commitments as a personal a bond and serious crimes 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 and the State?   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.

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 his school 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

I am annexing herewith the responses for the first posting as well for your convenience.

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 the 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 be taken against any of these thieves as long as Yahapalanaya stays in power. It’s only the voters in SL can punish them in 2020. But by that time the match of destroying this country will be over.

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.

erisana 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.

3 Responses to “Punish all those who have masterminded the Central Bank gang robbery ASAP”

  1. Ananda-USA Says:



    The ONLY DEAL LEFT for President Sirisena: DISSOLVE the Parliament and Call for NEW ELECTIONS IMMEDIATELY!




  2. Nimal Says:

    Must punish all those who have robbed the country without an exception.

  3. Susantha Wijesinghe Says:


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