General Sarath Fonseka calls for CBSL Governor and PM to be held accountable

General Sarath Fonseka calls for CBSL Governor and PM to be held accountable

Written by Bella Dalima

21 Mar, 2015 | 10:19 pm

As the alleged treasury bond fraud continues to court controversy, General Sarath Fonseka, the Leader of the Democratic Party has called for both the Governor of the Central Bank and the Prime Minister to be held accountable.

He made this statement in an exclusive interview with News 1st,

Leader of Democratic Party, General Sarath Fonseka stated that there should be action taken against the governor of Central Bank, as for his present responsibilities, present status, he can’t make silly mistakes like that.

General Sarath Fonseka added that the Central Bank comes under the Prime Minister so he also has to be kept responsible for what has happened. So, he has to take the necessary right action to rectify that. A Parliamentary Select Committee is the way out now.

Investigative Business Journalist, Faraz Shauketaly said that there is a clear clash between the President of Sri Lanka and the Prime Minister of Sri Lanka regarding the committee appointment.

He went on to note that the financial impact of this treasury bond gone wrong, is 23 billion rupees, over its full term of 30 years, by comparison the hedging deal cost the people of this country, 11 billion rupees. The Greek bond tragedy, 1.5 billion. That explains why Mr. Mahendran must take responsibility for a mistake that he has already admitted.

Latest News

Are you interested in advertising on our website or video channel
Please contact us at [email protected]