Former Monetary Board member denies allegations at CoPE, sends letter to Chairman

Date:

Former member of the Monetary Board of the Central Bank of Sri Lanka (CBSL) Samantha Kumarasinghe denied the allegations made during the meeting held at the Committee on Public Enterprises (CoPE) on May 25 stating that they are false and baseless.

In a lengthy letter addressed to CoPE Chairman Charitha Herath, Kumarasinghe denied the allegation that his consent to … was vital,

In a lengthy letter addressed to CoPE Chairman Charitha Herath, Kumarasinghe denied the allegation levelled by Monetary Board member Dr. Rani Jayamaha that his consent to approve the resolution on releasing dollar deposits belonging to the CBSL to prevent the Sri Lankan Rupee from being depreciated was vital, adding that the action simply could have been prevented had Jayamaha herself opposed it.

Dr. Jayamaha, however, did not oppose the resolution, he added.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Fairway Holdings Launches Its 7th Luxury Apartment Project, “Fairway Latitude”

Fairway Holdings, a leading condominium developer in Sri Lanka,...

Roads Cleaned, Beaches Ignored: Dehiwala–Mount Lavinia Municipal Council Under Fire

A serious environmental crisis has emerged along the coastal...

STATEMENT OF THE BASL REGARDING THE OFFICE OF ATTORNEY GENERAL

The Bar Association of Sri Lanka (BASL) is deeply...

SLBFE Enforcement Action Delivers Results for Migrant Workers in 2025

Deputy Minister of Foreign Affairs and Foreign Employment Arun...