Chandra Wants “Fit And Proper” Affidavit And Declarations For Next Central Bank Governor

May 30, 2016

Good governance activist, and former Chairman of the Ceylon Chamber of Commerce, Chandra Jayaratne has today called on President Maithripala Sirisena to ensure that a ‘fit and proper’ affidavit, along with declarations should essential prerequisites in the appointment of the next Central Bank Governor.

Chandra Jayaratne

In a letter dated 30th May 2016, Jayaratne said recognizing that Fitness and Propriety (honesty, integrity and reputation, competence, capability, and financial soundness) of the Governor of the Central Bank is an essential requirement to ensure the effective operation, good governance and risk management in the conduct of affairs and operations of the Central Bank of Sri Lanka, in compliance with the provisions of the Monetary Law Act; and Recognizing further that no person shall be appointed to such position unless that person is a “fit and proper person” to hold such office: “I appeal to you to kindly call all aspirants seeking nomination or being nominated by the government for the post of the Governor of the Central Bank, be called upon to file duly sworn affidavits and declarations of such aspirants or nominees being “fit and proper persons” to hold the post of Governor of the Central Bank,” he said in the letter, which was also copied to Prime Minister Ranil Wickremesinghe.

We publish below the letter in full;

30th May 2016

President Maithripala Sirisena,
President of Sri Lanka,
Presidential Secretariat,
Janadhipathi Mawatha,
Colombo 1.

Dear Mr. President,

“Fit and Proper” Affidavit and Declarations are Essential Pre-Requisites in the Appointment of the Governor of the Central Bank

Recognizing that Fitness and Propriety (honesty, integrity and reputation, competence, capability, and financial soundness) of the Governor of the Central Bank is an essential requirement to ensure the effective operation, good governance and risk management in the conduct of affairs and operations of the Central Bank of Sri Lanka, in compliance with the provisions of the Monetary Law Act; and

Recognizing further that no person shall be appointed to such position unless that person is a “fit and proper person” to hold such office:

I appeal to you, to kindly call all aspirants seeking nomination or being nominated by the government for the post of the Governor of the Central Bank, be called upon to file duly sworn affidavits and declarations of such aspirants or nominees being “fit and proper persons” to hold the post of Governor of the Central Bank.

The aforesaid affidavits and declarations submitted to you must, inter alia, state that such aspirant and or nominee;

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