News just came that the President will
appoint a Governor of the CB in a few hours. http://www.lankabusinessonline.com/sri-lanka-president-to-appoint-new-governor/ Does this mean that Mahendran has been absolved
by COPE today, so he will reappoint him, or is it that the pressure has finally
got to him, and he is going to appoint another in his place? I am not privy to
the answer, but if he is going to appoint a new person, then the PM has lost
the plot and has been forced to sacrifice Mahendran for his political survival.
I don’t know how Mahendran will take
this, as he genuinely took the job in the firm belief that his expertise was
required to turn the ship around, and solve the Monetary Problems of Sri Lanka
using his negotiating skills and international contacts to get low cost
borrowings to replace the Rajapakse ERA borrowings that were coming due, and to
stave off a financial crisis.
Whilst it is possible that the PM
pressured him to make some bold moves at the outset to make some irrational
decisions to provide some windfall profits to pay off the billions of debts the
New Govt. had racked up in election costs, and left Mahendran in NO POSITION to
refuse, he has in all respects NOT personally benefited from his position or
decisions, contrary to all the ill advised stories to the contrary by people
who have an agenda, or have no clue on how international high finance is
conducted!
What can Mahendran do if he has already
explained all his action to the press and his detractors choose NOT to believe
him? If the President appoints someone else it will also seem that he has done
something wrong, and I hope at least the President has the decency to announce
that it is NOT due to any unproved allegation that he has chosen to appoint
someone else, but that he was not willing to delay this vacancy any longer.
The PM for his part will have let down the
only person with a decent qualification for the job he was appointed for as all
other appointments by the YAHAPALANAYA government have been to people who are NOT
really qualified for the job they have been appointed for!
Remember it is wishful thinking from this
point, that ANY SRI LANKAN will ever want to return to Sri Lanka in future to help
their Country with their expertise, as they will be hounded out of life and limb
by the 8th grade jokers who run and rule Sri Lanka, who cannot stomach
able people in their midst!
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