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

Sri Lanka Tourism’s Race against Time to Hit 2025 Goals

Sri Lanka’s tourism industry is celebrating a symbolic milestone,...

Browns Investments PLC Expands Maldives Footprint with $57.5m Deal

Browns Investments PLC, the leisure and investment arm inside...

JVP/NPP Backs Refinery Deal it once blocked: Ranwala Saga Haunts Credibility

Sri Lanka’s Sapugaskanda oil refinery, a project long strangled...

Sri Lanka’s Foreign Investment Target: Ambitions Outpace Reality

As Sri Lanka navigates its post-crisis recovery, foreign direct...