Mr Clarke said re-offending was the "biggest weakness" of the justice system, and that re-offending rates had to be brought down to a "more respectable level".
Indeed, whatever problems Sri Lanka's political system suffers from, the weaknessof the presidency, which is already directly responsible for over 90 institutions, is not one of them.
It has been a systemof amazing efficiency, its biggest past weakness being that it sometimes (as in the dot-com "bubble") creates too many companies of dubious viability.
The ECB had already warned about the risk that economic weakness would hurt banks financially in its most recent assessment of the health of the financial system in December.