header logo
Mogo Academy
Latest
VIDEO: Wimal issues scathing attack on Treasury Secretary
Jun 11, 201312:12 PM
VIDEO: Wimal issues scathing attack on Treasury Secretary
Mobitel Inner

Treasury Secretary, Dr. P.B. Jayasundera is a two-faced character who is playing a dictatorial role in the Finance Ministry alleged Minister of Housing and Construction, Wimal Weerawansa stated exclusively to Ada Derana.

 

There are sectors in which we have progressed but the domestic goods have not been developed as fast as we expected in order to compete in international markets.

 

MP Weerawansa explained that the trade deficit between imports and exports has increased and therefore it has set off a chain reaction that has resulted in the bankruptcy of the Sri Lankan rupee, greater debts, rising cost of living and has had a direct impact on interest rates as well.

 

He blamed the Treasury Secretary Dr. P.B. Jayasundera for this situation, claiming that he was the only character in the Ministry of Finance whereas everyone else had been removed from their positions of influence or given promotions and sent away.

 

The Minister accused Jayasundera of running a dictatorial regime at the Ministry of Finance which will not even be seen at an Army camp.

 

He explained that the even though the President is traditionally the Minister of Finance, the responsibility of the Ministry usually falls into the hands of the Ministry Secretary.

 

The same goes with the Defence Ministry in which Weerawansa explained that even though the President is the Defence Minister of the country the responsibility fell directly on the Defence Secretary, adding that without the dedication of the Defence Secretary the war would never have ended.

 

However, he explained that the Ministry of Finance was run by a two-faced economic hitman who is clearly working towards dragging the country into a financially troubled environment.

 

The Minister drew attention to the pensions for private sector workers which he stated that was a scheme that needed to be developed ideally by the Labour Ministry and discussed with the Trade Unions prior to its implementation but instead was created by the Finance Ministry and sent straight to the parliament with no prior consultations which ultimately resulted in the war being brought to the streets.

 

He charged that P.B. Jayasundera was working for an outside agenda in which to create political uncertainty within the country in order to facilitate regime change drawing examples from the time of former President Chandrika Bandaranaike Kumaratunga. He claimed that Jayasundera had been behind the economic failure at the time of the former President which set the backdrop for Ranil Wickremasinghe to take over and immediately improve the economy.

 

Minister Weerawansa added that Jayasundera will only leave his post after creating an economic environment within the country from which his successor cannot recover from.

 

 

 

MostRead
Mobitel Upahara
VideoStories
Opposition submits UN complaint over proposal to extend judges’ retirement age

Opposition submits UN complaint over proposal to extend judges’ retirement age

Dengue cases surge with 15,856 reported in first half of July; Gampaha District tops figures

Dengue cases surge with 15,856 reported in first half of July; Gampaha District tops figures

Wimal Weerawansa’s brother remanded over alleged misuse of state-owned vehicles

Wimal Weerawansa’s brother remanded over alleged misuse of state-owned vehicles

Legal gambling can generate significant state revenue  - Dr. Harsha de Silva at CoPF

Legal gambling can generate significant state revenue - Dr. Harsha de Silva at CoPF

Negombo Prison Clash death toll climbs to 31; 40 officers assigned to probe unrest, court informed

Negombo Prison Clash death toll climbs to 31; 40 officers assigned to probe unrest, court informed

"If IMF is our hope, do we need a President?" Treasury filled by emptying public's pockets: Dilith

"If IMF is our hope, do we need a President?" Treasury filled by emptying public's pockets: Dilith

“Unreported dengue cases may be much higher” Dengue caseload nears 70,000, deaths at 48

“Unreported dengue cases may be much higher” Dengue caseload nears 70,000, deaths at 48

Cabinet nod given for new framework to combat money laundering and terror financing

Cabinet nod given for new framework to combat money laundering and terror financing

“Outbreak similar to 2017 dengue crisis looming” - 175 MOH divisions identified as high-risk zones

“Outbreak similar to 2017 dengue crisis looming” - 175 MOH divisions identified as high-risk zones

A Timeless Voice Falls Silent, A Legacy Lives On... Mariazelle Goonetilleke laid to rest

A Timeless Voice Falls Silent, A Legacy Lives On... Mariazelle Goonetilleke laid to rest

“NPP Govt. has abandoned its promises ”Govt. continues to burden public to please IMF - Sajith

“NPP Govt. has abandoned its promises ”Govt. continues to burden public to please IMF - Sajith

“Not a racist alliance” - Six Tamil-speaking political parties unite under joint platform

“Not a racist alliance” - Six Tamil-speaking political parties unite under joint platform

“AI and digital platforms reshaping global media”  'Media Fest 2026' delves on future of journalism

“AI and digital platforms reshaping global media” 'Media Fest 2026' delves on future of journalism

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

Lassana Flora