Business

Shamed former IMF boss was on Sri Lanka CB’s payroll, was here on Oct 26-28, 2014

19 January 2015 - 2428   - 1

Dominique Strauss-Kahn, the shamed former IMF Managing Director involved in many sex scandals, unknowing to many had been hired as a costly advisor to Sri Lanka’s Central Bank (CB), the Sunday Times reliably understands.

He was in Sri Lanka between October 26 to 28, 2014, it is learnt. The former high profile banker who was forced to resign in May 2011, had been hired – apparently at some time during the past six months – on a contract believed to be worth US$ 750,000 (Rs.98.4 million) to help make Sri Lanka a financial hub.

dominic straus

Barring probably former CB Governor Ajith Nivard Cabraal and a few others, not many CB senior employees were aware of this, it is learnt. Dubious deals in many places including the CB are slowly emerging after the recent presidential election in which Maithripala Sirisena beat incumbent President Mahinda Rajapaksa. Frenchman Strauss-Kahn was accused of rape and sexual assault, a charge that was subsequently dropped due to lack of evidence, and participating in several sex parties.

According to a statement to the media by the CB in December 2013, Strauss-Kahn had paid a courtesy call on Governor Cabraal on December 13th “at the Governor’s Office in Colombo where they discussed matters of mutual interest”. The release was issued with a photograph.

  Comments - 1

  • Joe Monday, 19 January 2015 10:27 AM

    There was never any question about Mr. Strauss-Kahn's prowess in financial matters. As long as the advice sought was within his professional capability I do not see any harm in retaining his services.

    Reply : 0       0

    Leave a comment



Top Stories

Manning Market to be shifted to Peliyagoda by next year : Minister Ranawaka

By next year the Manning Market will be shifted to Peliyagoda , Minister of Megapolis & Western Development Patali Champika Ranawaka said. &n...

19 June 2019 - Views : 14

President discusses steps to strengthen SLFP Women's Front

19 June 2019

Ten estate houses destroyed in fire at Talawakelle

19 June 2019

Mothers who complained of sterilization by Dr Shafi to undergo tests - Police

19 June 2019



style="display:inline-block;width:300px;height:250px"
data-ad-client="ca-pub-6200193111498313"
data-ad-slot="1999573490">

 

Features & Analysis

Ministry of Crab to hold fundraiser for Easter victims at Shangri-La Hotel at The Shard in July

Ministry of Crab, will hold a fundraiser for victims of this year’s Sri Lanka attacks with a charity pop-up res...

Embassy of Sri Lanka gifts two Buddha statues to the Embassy of Cambodia in Berlin

The Embassy of Sri Lanka in Berlin gifted two Buddha statues to the Embassy of Cambodia in Berlin, upon a request mad...

British High Commission Colombo celebrates Queen Elizabeth's 93rd birthday

The British High Commission in Colombo and the British Council celebrated Her Majesty Queen Elizabeth II’s 93rd...

Supporting the revival of the local coffee industry

In a time gone by in Ceylon, it was coffee that was a booming plantation before disease struck, wiping out thousands ...



style="display:inline-block;width:300px;height:250px"
data-ad-client="ca-pub-6200193111498313"
data-ad-slot="1999573490">