Sri Lanka Brief
Situation AnalysisMahendran also devoured Rs.66 million of public money – JVP

Mahendran also devoured Rs.66 million of public money – JVP

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Wasantha Samarasinghe, the convener of Voice Against Corruption (VAC) which is linked to the JVP says that former Governor of Central Bank of Sri Lanka (CBSL) Arjuna Madhendran, during whose tenure the controversial bond scam was committed, has defrauded Rs.66 million of public funds on 163 occasions. This has been revealed in an internal audit carried out by the internal audit department of the CBSL, says Samarasinghe.

According to Samarasinghe Mahendran  has defrauded funds exceeding the credit card limit a governor could spend officially. in oone occasion Mr. Arjun Mahendran has also spent Rs.2 million to buy valuable suits. He has produced bills of expenditure for two hotels for the same day when participating in a summit in India.

Samarasinghe further says that the audit report reveals very high monthly credit card expenditure, not producing invoices for payments, producing unacceptable invoices, delaying personal payments, absence of audit evidence for official spending, not settling personal spending in Singapore, not settling stamp duties, over-the-limit fees for credit cards, claiming official spending for personal spending, violating CBSL regulations when spending, staying in places closer to the official residence of the Governor, submitting contradictory costs, violating excise regulations.

There are also violations of travel allowances, producing bills for several hotels for stays on the same day, variance in dates and times of entry and exit, ordering board in hotels for extra guests, contradiction in hotel bookings and travel claims, over spending committed by Mahendran according to the audit report. He has also violated regulations in entertainment.

The convener of Voice Against Corruption (VAC) Wasantha Samarasinghe has said  that he would lodge a  complaint  at the Anti-Corruption Committee Secretariat against former Governor of CBSL Arjun Mahendran who has destroyed people’s funds as a plundering villain.

-With the inputs from Lanka Truth.

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