• Last Update 2024-09-13 20:57:00

Shamed former IMF boss was on Sri Lanka CB’s payroll

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

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