The asset and liability declarations of Sri Lanka’s political leaders, diplomats, and senior officials have drawn intense public attention. Among them, the declaration of Central Bank Governor Dr. Nandalal Weerasinghe reveals assets worth nearly Rs. 425 million, underscoring the scale of wealth held by one of the country’s most influential financial figures.
Under the Anti-Corruption Act No. 09 of 2023, the President, Members of Parliament, ambassadors, and high-ranking officials, including the Governor of the Central Bank, must declare their assets and liabilities to the Commission to Investigate Allegations of Bribery or Corruption. The declaration submitted by Dr. Weerasinghe has become a focal point in the ongoing debate about transparency, governance, and accountability in Sri Lanka.
01. Immovable Assets
The immovable properties of Dr. Nandalal Weerasinghe and his family highlight a combination of inherited wealth, gifted properties, and personal investments.
- 42 perches of land valued at Rs. 55 million, received as a gift
- 78 square meter commercial building worth Rs. 29.3 million, also received as a gift
- 20 perches of land purchased for Rs. 250,000
- Additional land purchased for Rs. 200,000
- A 2,500 sq. ft. residential building valued at Rs. 3.17 million
- 18 perches of land purchased for Rs. 12 million
- A 1,117 sq. ft. apartment purchased for Rs. 25.79 million
- A 1,200 sq. ft. apartment purchased for Rs. 19 million through a property agreement
These immovable assets form a substantial portion of the Governor’s overall wealth and point to strategic real estate investments.
02. Movable Assets
The movable assets of Dr. Weerasinghe and his family consist mainly of gold jewellery and vehicles, combining inherited wealth with modern acquisitions.
- Five gold ornaments valued at Rs. 600,000, received by inheritance
- Twenty-eight pieces of gold jewellery worth Rs. 4.8 million
- Thirteen gold ornaments worth Rs. 1.1 million, also inherited
- A Mercedes Benz car manufactured in 2018, valued at Rs. 10 million
- A second vehicle manufactured in 2003, valued at Rs. 650,000
These movable assets reflect both family heirlooms and luxury purchases, showcasing a mix of tradition and modern lifestyle.
03. Securities
The Central Bank Governor also maintains a strong portfolio of securities, ranging from treasury bonds to shareholdings and fixed deposits.
- Treasury bonds worth Rs. 19.4 million
- Treasury bonds worth Rs. 13.37 million
- Treasury bonds worth Rs. 8.11 million
- Treasury bonds worth Rs. 4.72 million
- Shareholdings valued at Rs. 606,451
- Shares worth USD 580,908
- Fixed deposit of Rs. 3,403,711
- Another fixed deposit of Rs. 3,403,711
This securities portfolio underlines a diversified approach to financial investments and wealth management.
04. Annual Income for the Year 2024
Dr. Weerasinghe and his family earned significant income from multiple sources during 2024, reflecting pensions, salaries, interest, and rental income.
- Pension: Rs. 11,088,279.95
- Salary: Rs. 5,434,512.00
- Interest: Rs. 5,855,048.00
- Rental income: Rs. 2,280,000.00
- Additional interest: Rs. 5,149,740.00
- Pension: Rs. 600,000.00
This combination of income streams highlights financial stability and steady inflows from both professional and passive sources.
05. Financial Assets
The Governor’s financial assets also include balances in local and foreign currency accounts.
- Rs. 685,884 in bank accounts
- USD 110 in bank accounts
- USD 16,730 in bank accounts
The presence of foreign currency assets indicates an international dimension to his family’s wealth management.
06. Total Assets
Dr. Weerasinghe’s total assets, calculated in Sri Lankan Rupees, U.S. Dollars, and Australian Dollars, emphasize the scale of his financial standing.
- Rs. 245,979,337
- USD 581,018
- AUD 16,730
As of September 23, the equivalent value of these assets stood at:
- Rs. 175,726,395.72 in terms of U.S. Dollars
- Rs. 3,345,338.53 in terms of Australian Dollars
Accordingly, the total combined wealth of the Central Bank Governor and his family amounts to approximately Rs. 425 million, or Rs. 42.5 crore.
The asset declaration of Central Bank Governor Dr. Nandalal Weerasinghe offers a rare glimpse into the financial position of one of Sri Lanka’s most influential policymakers. With substantial immovable properties, movable assets, securities, and diverse income streams, his wealth underscores the importance of transparency in governance.
As the debate on asset declarations continues under the Anti-Corruption Act No. 09 of 2023, such disclosures remain central to public trust, accountability, and the credibility of Sri Lanka’s financial leadership.
SOURCE :- BBC SINHALA
Gifts should be declared by whome. Very dubious.
Governor s’more than conformable.