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By Shamindra Ferdinando
Samagi Jana Balavegaya (SJB) demanded an explanation from the government on the sudden dismissal of the Secretary of the Monetary Board of the Central Bank of Sri Lanka, KMAN Daulagala, on September 16.
Yesterday (19), Matale district lawmaker Rohini Kaviratne questioned the justification for the impeachment of deputy governor Daulagala. The former UNP MP pointed out that Daulagala played a critically important role in the Central Bank’s response to the Treasury bond scams carried out in 2015 and 2016. Therefore, his withdrawal was quite suspicious and could facilitate efforts to crack down on these scams as well as the future. frauds too.
MP Kaviratne represented the UNP during Ranil Wickremesinghe’s tenure as Prime Minister (2015-2019).
Stating that Daulagaha had been at the forefront of efforts to create a clean administration, Kaviratne stressed that she was right behind Rohini Nanayakkara of the Bank of Ceylan (BOC) and won the respect of all for courageously taking a stand. against fraudulent practices.
The SJB spokesperson said that Daulagala, in his capacity as head of non-banking sector financial institutions, managed the ETI survey at the start (2010-2012) of the survey. Following the rejection of her ETI recommendations by the Central Bank, she received a transfer to another section, MP Kaviratne said.
The Monetary Council is responsible for making all political decisions related to the management, operation and administration of the Central Bank. It includes Governor Ajith Nivard Cabraal, Finance Secretary SR Attygalle, Sanjeeva Jayawardena, PC, Dr (Ms.) Ranee Jaymaha and Samantha Kumarasinghe.
Cabraal, who served as governor (2006-2014) recently replaced WD Lakshman at the behest of President Gotabaya Rajapaksa.
Kaviratne asked who benefited from the removal of the secretary of the Monetary Council?
MP Kaviratne said Daulagala was involved in the internal process following the first Treasury bond scam and subsequent developments, including coordination between the Central Bank and the Attorney General’s Department regarding government bond scams. Treasure. Urging women’s organizations, civil society and law-abiding citizens to address Daulagala’s impeachment via social media, lawmaker Kaviratne said the issue under consideration should get the attention of parliament.
âParliament is responsible for public finances. Parliament cannot turn a blind eye to what is happening at the Central Bank. The national economy is in such a perilous state that every effort should be made to investigate past frauds and thwart future adventures, âsaid the deputy.
MP Kaviratne also recalled the role played by Deepa Seneviratne, superintendent of public debt at the time of the first Treasury bill scam to expose the guilt of the then governor. âUnfortunately, we seem unable to change direction regardless of exposure to the wrongdoing of the past,â she said.
Stating that she had no intention of protecting a wrongdoer under any circumstances, MP Kaviratne said the current government should ensure transparency and accountability in public finances.
Examining the procedures of COPE (Public Enterprises Committee), COPA (Public Accounts Committee) and COPF (Public Finance Committee) revealed a frightening picture, said lawmaker Kaviratne. The shocking revelations made by the watchdog must be seen against the background of the overall deterioration of the national economy in recent years, the MP said.
She said it would be a serious mistake for the government to blame the current crisis on the raging Covid-19 epidemic. Recognizing the hardships caused by the economic downturn, MP Kaviratne said the country was paying a huge price for unbridled waste, corruption, irregularities and neglect.
The MP said citizens could play a bigger role in a political campaign on social media. The vast majority of those who use social media have strengthened the democratic opposition, she said. Daulagala’s withdrawal could be a rallying point, she said, urging the public to attack the SLPP government.