CB governor alleges political ulterior motive in campaign against him
* Slams DEW and Jayaratne
* Defends son-in-law’s primary dealership
* Justifies BoC bankrolling Perpetual Treasuries bids
* Refuses to divulge details of primary dealers’ bids
* Claims economic growth accelerated after change of govt.
By C. A. Chandraprema-May 19, 2016, 12:00 pm
Central Bank Governor Arjuna Mahendran’s term of office ends in June this year. There have been calls from opposition politicians as well as good governance activists for the government to investigate alleged malpractices in the issuance of treasury bonds during his tenure before reappointing him for another term. One of the bond issues was investigated by the parliamentary Committee on Public Enterprises (COPE) but parliament was dissolved just before the day on which the report of the COPE sub-committee headed by D. E. W. Gunasekera was to be tabled inP. In this exclusive interview with The Island, Governor Mahendran contests the allegations against him.
