The Central Bank Supervision Departments
have a standard checklist they use when on their field visits to check the
compliance of their guidelines. All Primary dealers were subjected to the same
rigorous standards. PERPETUAL’S was the best, so why haven’t the others been
leaked? It was simply a case of an internal vendetta of sour grapes of
disgruntled Govt. Servant Rajapakse appointee wanting to make a political
statement, that is all.
So even old and Nasty, waanabe governor
but can never be - WA Wijewardena fell for it, see link below:
It is this kind of one-sided journalism
that makes Sri Lanka a laughing stock amongst serious players, that NO ONE
wants to even invest in Sri Lanka due to a regime of bash the meritocrat! Any
company in Sri Lanka that is successful, MUST somehow be doing something wrong!
Come on what about those that steal and so don’t show success in its results,
they are all over the place, and hide their profits from prying eyes, just to
avoid this media exposure. It is those who play by the book that are hauled up and not the crooks. A
case in point being, where the Inland Revenue Offices hassle those with a Tax
File and don’t go after those who don’t even have one, and should! When idiots
rule ALL arms of Govt. what do you expect?
Once JOE public know the truth, they will
look at PERPETUAL in a perpetually different light.
Lately there has been too much second
guessing backed up with NO facts, and that is BAD journalism. Perpetual is
legally obligated, based on their primary dealer license to disclose profits within
6 months of the end of the accounting year.
What will the same jokers who are
pontificating today, say when they make a Rs10B profit next year? Will they conjure
up some other far fetched story, which is NOT corroborated by the pathetic
media in Sri Lanka? Worse, Colombo Telegraph which once was a stout defender of
journalistic freedom, seem to be the incubator of the worst type of journalism
in the world today, that does not corroborate the facts and is unable to weigh
the merits of each case.
The Sri Lankan Universe is sadly
littered with so many ignoramuses and cretins, pontificating on subjects they
know nothing about, and so intelligent discourse is NOT possible, with the 225
MPs in Parliament being the most vengeful cretins!
No comments:
Post a Comment