e-Con e-News

e-Con e-News  11-17 December 2022

The bloody garrotting of the head of one of several ‘leading’ companies (financial, insurance, real-estate) on Thursday, found amidst the gothic crypts of Borella’s Kanatte – the country’s most expensive real-estate – will be just as quickly entombed and diverted by our mafia media.

  No questions are being asked yet as to why ‘a member of one of the leading business families in the country’ would lend Rs1.4 billion to a ‘cricket commentator’ & ‘former sports presenter’, to ‘invest in a well-known company’ in Sri Lanka. Is cricket the real English laundry? The story also reveals that the municipal cemetery’s security has been outsourced to a private company. It’s left to the rumor mills to wonder about corporate investment in money laundering and drug dealing. Such are not the preserve of those given rustic nicknames like Makandure Madush, etc, who regularly mete out and meet bloodier ends, and evoke sprawling repeated headlines. Could we now know who they really work for? Not everyone can afford life insurance or assurance. Nor will Kolomba Hatha, Flower Road, or Palmyrah Avenue, modify otherwise distinguished Trinitian or Thomian Christian names. However, fertilizer-importer Maharaja’s NewsFirst, a vehement critic of the present President, suggests Dinesh Schaffter was a powerful witness to the Presidential Commission of Inquiry investigating the infamous ‘Treasury Bond Scam’. Wheels within wheels. Footnotes within footnotes.

• Some of the country’s biggest thieves, their fathers, mothers, siblings & faithful servants, 57 of them, calling themselves ‘concerned citizens’, wrote a very interesting letter on (remember this date) 7 March 2022, to Sri Lanka’s Monetary Board, which governs the Central Bank.

  These letter-writers lamented the ‘severe’ shortage of foreign exchange and consequent fuel, food & pharmaceutical shortages. Their sorrow was on behalf of ‘small & medium-sized businesses who are fighting existential challenges’. They demanded the government submit to the US-controlled IMF and its bitter medicines of devaluation, and hike fuel & electricity prices (which would surely sink their beloved cutlis-making SMEs!).

  These ‘concerned citizens’ included present CB governor Nandalal Weerasinghe & former CB governor Indrajit Coomaraswamy, both whom worked under and with disgraced CB governor & bond-scammer Arjuna Mahendran. Both Weerasinghe & Coomaraswamy were involved in passing the Foreign Exchange Act No 12 in 2017. This FE Act moved banker Rajendra Theagarajah, Ceylon Chamber of Commerce chair, to thrill: ‘The concept of foreign-exchange control has now disappeared from our dialogue.’

  So, why then lament the ‘severe shortage’ of Dollars 5 years later? Yet Theagarajah is also a signatory of the March 7 letter. The other signatories include the regularly celebrated economic experts in the daily (should we say, unrelenting) media. They include the economists Nimal & Amal Sanderatne (Father & Sons Ltd), WAW Wijewardena, Srimal Abeyratne, Shantha Devarajan, etc. They include bankers, fake industrialists (Thulhiriya-thief MAS’ Sharad Amalean, Ceylon Tobacco’s Suresh Shah, later appointed chair of the SoEs Restructuring Agency in Sept 2022), supposed scholars (we won’t bother naming these imposters), NGO royalty (Sarvodaya’s nepotist Ariyaratne Jr), BASL’s Geoff Alagaratnam & PC Kanag Isvaran, US-funded Verite’s de Mels, US-funded Advocata chair Murtaza Jafferjee (in May appointed by then-PM & Minister of Finance Ranil Wickremasinghe to form an ‘Economic Stabilisation Dialogue’ between the Ministry of Finance & ‘independent’ economists) and his Koralawella frontman Dhana Fernando. Murtaza’s fellow Borah merchants, Abbas & Hussein Esufally, Advertisers (Neela Marrikar, chair of Japan’s Dentsu Grant, daughter of Reggie Candappa) etc. It truly is an assemblage of the media-loved economic lightweights. Yet the Assembly of God’s twins, aka Footnote Cliquer Harsha & Eran & 3^rd-ball Kabir – always so horrified and always headlined by the media – did not sign the letter.

• On March 31, 3 weeks after these eminents wrote the Monetary Board, ‘demonstrators’ attacked the residence of then President Gotabaya Rajapakse, sparking the so-called Aragalaya. On that very day, US Envoy Julie Chung visited the President’s Mirihana residence, got down on her knees, and raised her hands. She said she was a Roman Catholic and prayed to her god, via Rome and Washington, to invoke relief for the President. She ‘apologized’ for what had happened that day. When the President decided to remove the protestors, envoy Chung prevented it, claiming it would stall the IMF loan. The President was visibly moved (we’re told) by her devotion. Chung then delivered the US ultimatums for the President to implement (see ee Sovereignty, US envoy controlled both Aragalaya, GR)

  Meanwhile, as Wikipedia’s doctored Aragalaya (2022 Sri Lanka Protests) article records: ‘Twitter hashtags including #GoHomeGota and #GoGotaGo’ were soon force-multiplied into ‘trending’ by such imperialist redoubts as the ‘USA, Singapore, and Germany’.’

On April 3, the cabinet resigned. Letter-writer Weerasinghe replaced CB Governor Ajith N Cabraal on April 7. On May 9, ruling party MPs offices & residences were attacked & burned, across the country. On May 18, the new CB Governor announced independent Sri Lanka’s first financial default. On July 9, the President’s palace was allowed to be attacked & ransacked…

A Parallel Mafia State, Mafia Judiciary, Mafia Media & Mafia Economists