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ElaKiri Talk!
Bond Scam and Good Governance
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<blockquote data-quote="netlife007" data-source="post: 22171648" data-attributes="member: 79514"><p><span style="font-size: 15px">At the recent hearing, a witness dropped the bombshell that Aloysius paid eight months' rent for the Monarch Residencies penthouse the Karunanayake family is residing. The monthly lease rental was Rs 1.45 million. In his attempt to explain this controversy, Karunanayake revealed that Aloysius and his daughter were classmates. Obviously, Mahendran, Wickremesinghe, Aloysius and Karunanayake have been close family friends for many years.</span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">However, explains Handunnetti, this process got further complicated by the 'footnote group' when they tried to whitewash the role Mahendran as CB Governor played in the scam. Out of the 26 members in the COPE, 16 agreed to the report. The others agreed to the report but with footnotes stipulating conditions. He charged that they were trying to dilute the essence of the report.</span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">"The UNP MPs belittled the Auditor General during the investigation," he said. The Auditor General, when called upon to express an independent opinion on a State Enterprise's performance, conducts a thorough study. He explained. "We may not agree with his independent opinion. But we cannot challenge it. We can express our dissent in Parliament.</span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">"I cannot understand why the government is trying to save a couple of persons at the cost of sacrificing the Auditor General and the integrity of COPE. It has now been proved that they were instrumental in burdening the country with yet another massive financial loss and earned big money for themselves at the nation's expense."</span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">He further observes, "I am perplexed about the fact that there has not been any individual or organization that has come out in protest against this shabby treatment of the AG."</span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">In the latest Commission to investigate these scams, the revelations of Karunanayake's and Aloysius' connection and dealings were in reality just a stink bomb. Just before Karunanayake appeared before the Commission, Keshap paid a 'courtesy' call on the newly appointed Foreign Minister. Given Keshap's sticky fingers, it looked very much like a balancing act than a mere friendly visit.</span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">True to form, Karunanayake in his gentle, sincere tones, citing scriptures, claimed to have been hounded by the media, political opponents and the Additional Solicitor General. Yet, he will "sacrifice" his ministerial post for the "honour of this august assembly...benefit of our party...new political culture we introduced...democracy of this country...continuance of our government."</span></p><p><span style="font-size: 15px"></span></p><p><span style="font-size: 15px">In reality though, he had to resign not because he was linked with the scams that are still under investigations, but because his testimony exposed his incompetency. He claimed ignorance to matters pertaining to the very apartment he was residing to such an extent, the ASG exclaimed relief that Karunanayake is no longer our Finance Minister. To Sirisena, Karunanayake drama means one less contender. The 2015 Central Bank Bond scam was considered Sri Lanka's biggest heist. Yet to the President of the country, it gave him the rope to saddle the UNP. In the next Presidential Election, UNP had better trot the way his foot nudges - or so he thinks, not realizing that they are all flies in Keshap's web that just got stickier.</span></p><p><span style="font-size: 15px"></span></p></blockquote><p></p>
[QUOTE="netlife007, post: 22171648, member: 79514"] [SIZE=4]At the recent hearing, a witness dropped the bombshell that Aloysius paid eight months' rent for the Monarch Residencies penthouse the Karunanayake family is residing. The monthly lease rental was Rs 1.45 million. In his attempt to explain this controversy, Karunanayake revealed that Aloysius and his daughter were classmates. Obviously, Mahendran, Wickremesinghe, Aloysius and Karunanayake have been close family friends for many years. However, explains Handunnetti, this process got further complicated by the 'footnote group' when they tried to whitewash the role Mahendran as CB Governor played in the scam. Out of the 26 members in the COPE, 16 agreed to the report. The others agreed to the report but with footnotes stipulating conditions. He charged that they were trying to dilute the essence of the report. "The UNP MPs belittled the Auditor General during the investigation," he said. The Auditor General, when called upon to express an independent opinion on a State Enterprise's performance, conducts a thorough study. He explained. "We may not agree with his independent opinion. But we cannot challenge it. We can express our dissent in Parliament. "I cannot understand why the government is trying to save a couple of persons at the cost of sacrificing the Auditor General and the integrity of COPE. It has now been proved that they were instrumental in burdening the country with yet another massive financial loss and earned big money for themselves at the nation's expense." He further observes, "I am perplexed about the fact that there has not been any individual or organization that has come out in protest against this shabby treatment of the AG." In the latest Commission to investigate these scams, the revelations of Karunanayake's and Aloysius' connection and dealings were in reality just a stink bomb. Just before Karunanayake appeared before the Commission, Keshap paid a 'courtesy' call on the newly appointed Foreign Minister. Given Keshap's sticky fingers, it looked very much like a balancing act than a mere friendly visit. True to form, Karunanayake in his gentle, sincere tones, citing scriptures, claimed to have been hounded by the media, political opponents and the Additional Solicitor General. Yet, he will "sacrifice" his ministerial post for the "honour of this august assembly...benefit of our party...new political culture we introduced...democracy of this country...continuance of our government." In reality though, he had to resign not because he was linked with the scams that are still under investigations, but because his testimony exposed his incompetency. He claimed ignorance to matters pertaining to the very apartment he was residing to such an extent, the ASG exclaimed relief that Karunanayake is no longer our Finance Minister. To Sirisena, Karunanayake drama means one less contender. The 2015 Central Bank Bond scam was considered Sri Lanka's biggest heist. Yet to the President of the country, it gave him the rope to saddle the UNP. In the next Presidential Election, UNP had better trot the way his foot nudges - or so he thinks, not realizing that they are all flies in Keshap's web that just got stickier. [/SIZE] [/QUOTE]
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