Bandula claims CB employees got arbitrary transfers

Tuesday, 13 October 2015 00:00 -     - {{hitsCtrl.values.hits}}

Sri Lanka Freedom Party (SLFP) MP Bandula Gunawardena yesterday alleged the move of the Central Bank in transferring over 200 employees soon after the General Election claiming that it was to cover up the Treasury bond scam and not as a routine transfer. 
He stressed that most employees transferred, were witnesses of the Committee on Public Enterprises (COPE) inquiry regarding the Central Bank bond scam. 
“We have competent economic experts in the Central Bank, but most of them enjoyed arbitrary transfers. Now that they have been shuffled into various departments, the use of their knowledge in implementing policies would not be counted. As a result, it will only increase instability in the economy because of few people’s narrow minded political actions. I also feel that the loss made through the treasury bonds scam will anyhow affect the economy in a significant manner in the near future,” he charged.
He also said the Government should provide more relieves on export sector, especially on tea and rubber. 
The Government estimated to save Rs. 300 million from crude oil importing expenditure by the end of the year. 
“We as the opposition would like to suggest the Government to reinvest that savings into the export sector development especially in providing the exporters a guaranteed purchasing price for their goods,” he added.