Friday, June 24, 2016

Central Bank Governor Arjuna Mahendran Has Informed Monitory Board He Will Not Seeking An Extension Of His Term

Image result for central bank of sri lankaThe Central Bank Governor Arjuna Mahendran has today (24)informed the Monitory Board that he will not seeking an extension of his term until the committee on Public Enterprises (COPE) cleared his name from the charges leveled against him .

The Central Bank Governor who had faced an allegation regarding a treasury bond issue is due to leave his post on 30th of June as his term finishes that day.

A large number of Trade Unions,Civil Society Groups ,Opposition Members and Sri Lanka Freedom Party(SLFP) members have requested the president maithripala sirisena not to extend the term of Central Bank Governor Mahendren due to an allegation leveled against him  that  he had involved in the controversial  treasury bond issue.

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A Sudden Fire Erupted In A Tyre Shop At Armour Street

A sudden fire has broken out at a tyre shop near Armour street in Grandpass this evening (29) causing severe traffic congestion in the area....