FT

CB Chief and Treasury Bond issue

Tuesday, 17 March 2015 01:16 -     - {{hitsCtrl.values.hits}}

By Rienzie T. Wijetilleke Having being involved in the financial sector as head of HNB for 24 years (17 years as MD and seven years as Chairman) during which period I had the privilege to work closely with very distinguished Governors such as late Dr. Rasaputhram, late Dr. Neville Karunatilleke, H.B. Dissanayake and finally A.S. Jayawardena, due to my close association with these gentlemen, I knew very well how they maintained the dignity of their office amidst severe pressure from the various political authorities of that time. Although the present Governor as an experienced professional would not have contributed or approved this transaction in question, the fact remains that his close relations who are businessmen have been involved in the transaction. Accordingly, in order to maintain the dignity of this esteemed office of the Governor which unfortunately was completely devalued by his predecessor during the last few years, I strongly suggest that the present Governor steps down from his office and save the reputation of the organisation which he is heading. A word of caution and advice to the present authorities above him whom the country knows have come to their positions by mere accident and through the back door should not behave in this arrogant manner. The intelligent voter who sent away the previous Head of State through their vote was a clear message that the electorate is now much more intelligent than in the past, particularly the younger generation of new voters who will not get carried away by posters, hugely-attended meetings and big talk on political platforms. The former President, despite all the good work he did, due to misuse of power and permitting waste and corruption amongst those around him had to “pay the price”. Let those who are presently holding the reins be aware of these possibilities if they continue to ignore public opinion.

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