This is a
highly politicized document, by POLITICIANS. An opinion that will NOT stand as
evidence even in a Court of Law, but which the General Public have mistakenly
taken as the final judgement!
It is time
that someone has the guts to explain this as NOT a fact but an opinion, and
mention the names and the parties those who signed off on this opinion only.
Do not
mislead the Public, as they will believe this hogwash without question, and
that is bad for democracy if guilt is presumed in a court of kangaroos. It
would have been at least good journalism, if both or all three reports were
leaked at the same time to remind people that there are different opinions, and
all are by people who are mere amateurs at offering them, with their own
agendas. There simply is NO balance in reporting. Colombo Telegraph being
particularly guilty of taking sides, on something they really don’t know
anything about, but which they have a blind following amongst the KNOW NOTHING
know it alls!
The
journalists are highly irresponsible for merely pitching this as a story that
is now 18 months stale, while the Country is being robbed as we speak by people
never being mentioned by them! Why are they worried that they will be sued?
Name and
shame time has come. This is a convenient distraction from the real broken
yahapalanaya promises, where the evidence is far more cast iron to convict. Why
is that NOT happening?
It is clear that a few
contrary points of view are not reported, especially by biased reporting in
papers such as the Sunday Times, which normally tries to be more objective, but
here it seems that the Editor has either been nobbled, or is past his sell by
date when it comes to matters of FINANCE.
Perpetual would have
made money whether or not Mahendran was in the Central Bank. This has nothing
to do with Mahendran, except for his introducing the Auction system prevailing
the world over, in an environment where competition was weak due to the
incompetence of the State Institutions. As the PM has said time and time again,
don’t blame Perpetual for making money, if other Institutions with far greater
access to funds did NOT take advantage of the same opportunity to bid. It is
this simple premise that the UNP MP’s are sticking to. The only point I will
fault the PM on is his appointment of Mahendran in the first place, because his
son-in-law was heading a Primary dealership. Therefore there is a conflict of
interest, and I pointed this out here, on January 12th 2015 three days into the
new Govt.
Had the PM heeded my
advice none of this would have occurred. Yes, Perpetual made money due to this
void. However do not try and lay the blame on Mahendran. When you get people
who think they can second guess in COPE, but do not understand that CBSL itself
is rife with unsavory characters holding office, who were compromised during
the previous administration, they have conveniently slipped out of prosecution!
Why?
They MAY be part of the
problem even NOW since Perpetual is still making money with NO Mahendran
around. Doesn’t anyone here have any common sense to see the irony of this
point? It is sad when we really do not have ANY journalist, who really
understands financial transactions and is able to weigh the pros and cons. The
reporters are investigative journalists with NO financial nouse! Pretty
pathetic ha, repeating what others merely say!
It is time the Excreta
is cleaned out of the Central Bank in order to return to Good Practice, and I
do not see ONE journalist suggest that! Why? they too are ATA PASS like the LOT
in Parliament. Can you expect a reasoned argument under the circumstance?
Everyone is parroting the same argument for over 18 months now!
CONCLUSION – The guilty
have NOT even been identified by COPE, they still hold senior positions in the
Central Bank. It is time they are outed. We must clean out the stables and
start again. It is disgraceful that some of our highest paid civil servants
need to make money illegally, because for them their salaries are NOT enough.
When their gravy train stopped
after Cabraal, they had it in for Perpetual and Mahendran. CBSL staffers’ lies
is the thread that COPE hung their hat on. Time they ask the right questions
first. Problem – They don’t know what questions to ask. It is the blind leading
the blind, and until blind men leave parliament we cannot progress as a Country.
A state bank could have
made as much money if they bid at auction. Its never too late, bid NOW, don’t
leave it to Perpetual to make the call and make the money, while you are still warming
your desks unwilling to bat for the Country.
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