UPFA calls for the removal of Central Bank Governor

Arjuna MahendranThe United People’s Freedom Alliance (UPFA) has proposed that Central Bank Governor Arjuna Mahendran be removed from his post.

UPFA Parliamentarian Sarath Amunugama said that the decision was conveyed to party leader, President Maithripala Sirisena.

He said the UPFA expects the President to meet Prime Minister Ranil Wickremesinghe to discuss issue and reach an amicable solution.

The United National Party (UNP) had said this week that Mahendran has been re-appointed to the post after his term came to an end.

Amunugama said Arjuna Mahendran was appointed to fill the vacancy created to the post replacing former Governor Ajith Nivard Cabraal.

He says the President must now appoint a new Governor and the UPFA has proposed that Arjuna Mahendran not be re-appointed owing to the concerns raised over some of his actions.

Meanwhile, Amunugama also said that the Ceylon Workers Congress (CWC) and the EPDP have decided to extend support to the UPFA.

He also said that several members of the joint opposition are expected to join the UPFA in the near future. (Colombo Gazette)

2 COMMENTS

  1. The Governor of CB has to face charges against him on the issues of Bonds that inside trading of family dealing.

    His wrong doing cannot covered by power of Primer ‘s authority. That has to be urgently address by Ruling governance of UNP, hence change his position need to put into immediate effect by Premier!

    The misrule and short run that of terms money market by CB Governor has created new economics ills towards of the financial slump of national economy.

    The issue Bonds by CB governor will be created that our nation of the serial funding loans of people of Sri lanka.
    All current financial and fiscal policies by CB governor is that rolling adjustment of national economy.

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