Parliamentary select committee proposed to look into the malpractices of Central Bank Governor

United National Party (UNP) is to move for a parliamentary select committee to look into the corruption and malpractices of Central Bank Governor Ajith Nivard Cabral.

Kurunegala district UNP MP Dayasiri Jayasekara says that the proposal will be tabled in January at the first meeting of the parliament in the new year.

MP Jayasekara said that the Central Bank Governor Cabral was charged of having links with pyramid businesses prior to his appointment. The nation should know if there was any investigation against him. The MP further stated that the Central Bank Governor and the Monetary Board headed by him was answerable to scams like Sakvithi's, Danduwam Mudalali's, D,K, Udayasiri's and also the hedging agreement and the Golden Key credit card scam. He added that the Central Bank could not get rid of the allegations through mere publishing of a newspaper advertisement.

MP Jayasekara said that the Central Bank had the responsibility of checking if their directives are being implemented.

He questions the qualifications of Ajith Nivard Cabral to hold the post of Central Bank Governor. He says that Cabral has qualifications only as an accountant. Not only Cabral but other members of the monetary board have no proper knowledge in handling an economy, he says.