Central Bank Governor Weerasinghe was asked by the deposed PB Jayasundara to retire and leave the Central Bank in a hurry. Before he left he made sure his pension was increased. He came back at the invitation of the ex President. His exorbitantly high benefits snd salaries are surely our concern.
Because that is paid by the tax payer. His trips to the golf club in the government owned S Class Benz is paid by the tax payers. He lives in a mansion in Colombo 7 thanks to the tax payer. He was reprimanded by the bond commission for his inaction surely he can’t hang that on us.
His background and his Uncles and Aunts and what they did is not our concern. The main concern we had and have was that he made Sri Lanka a bankrupt country without the approval of parliament. He used the word soft default to argue his case. The several investment and restructuring specialists whom we consulted told us that a default is a default.
The consequences of a default is humongous and unrepairable. So for highlighting this the Governor is going out of the way to put pressure on state institutions to withdraw all government advertising. We are disappointed that the Chairman of those institutions don’t have the backbone to ask him to mind his affairs. He is only the Governor of the Central bank, but he is acting as though he is the President of Sri Lanka. Not so long ago he threatened the Sunday Times writer.
Instead of focusing on minimizing the rising burden to the population, he is spending his time attacking the media that is highlighting his stupid and shortsighted decisions, like holding Interest rates at 30% . Essentially destroying the business sector. We have so far not seen the Central Bank raising one cent from overseas to ease the forex situation in the country after he became Governor. Other Governors did that.
Nandalal Weerasinghe is no match to us. Many others very much more powerful than him have tried to destroy us and destroyed themselves. So do your job as a public servant or for the sake of the public please go back to Australia the place you came from. Sri Lanka is a resilient nation, we will come out of this crisis with of with out you Mr Governor. So far you have only made it worse for the majority.
