CB Governor defends Deputy Governor from unfounded allegations

June 28, 2018 (LBO) – Central Bank Governor Indrajit Coomaraswamy on Thursday issued a special statement defending his fellow Central Banker Nandalal Weerasinghe.

The statement is a reply to former Finance Minister Ravi Karunananyake who has repeated his allegations in the recent days against Senior Deputy Governor of the Central Bank, Dr. Nandalal Weerasinghe.

“As the Governor of the CBSL, I want to formally place on record that Dr. Weerasinghe is an outstanding economist who has made a stellar contribution to the work of the Bank during the two years I have spent in this position,” Coomaraswamy said.

“In addition, I am compelled to point out that the former Finance Minister Hon Ravi Karunananayake has not produced any evidence to back up his unfounded allegations.”

Former Finance Minister Ravi Karunananyake is continuously criticizing the Central Bank and its officials for nodding to IMF demands straightforwardly.

Karunananyake says he can not understand what the Central Bank is doing when the currency is depreciating day by day putting the country in a difficult situation.