JVP’s victory is a setback for India

September 24th, 2024

SANTOSH MATHEW Courtesy The Statesman

In a seismic shift that could reshape South Asia’s geopolitical landscape, the resurgence of Sri Lanka’s Janatha Vimukthi Peramuna (JVP) signals more than just a political realignment it marks the rise of a China-aligned force at India’s doorstep, threatening to push New Delhi further into a strategic corner.

JVP’s victory is a setback for India

In a seismic shift that could reshape South Asia’s geopolitical landscape, the resurgence of Sri Lanka’s Janatha Vimukthi Peramuna (JVP) signals more than just a political realignment it marks the rise of a China-aligned force at India’s doorstep, threatening to push New Delhi further into a strategic corner. The recent rise of the JVP in Sri Lankan politics has set off alarm bells across India’s strategic and diplomatic circles. Once infamous for its guerrilla tactics and far-left insurgencies, the JVP and its leadership, spearheaded by Anura Kumara Dissanayake (AKD), have resurfaced as a dominant political force.

But behind the populist rhetoric lies a complex history and a set of alliances that could tilt the region’s balance in China’s favour, undermining India’s security and geopolitical influence. The JVP’s roots are steeped in violent history, particularly its links to Sinhala nationalism and ethnic chauvinism. Under the leadership of its founder, Rohana Wijeweera, the JVP led uprisings that terrorized Sri Lanka in the 1970s and 1980s. Though initially founded as a Marxist-Leninist movement, it quickly morphed into a Sinhala nationalist party that stood in stark opposition to the Tamil cause.

In the 1980s, the JVP played a significant role in fostering anti-Tamil sentiment, eventually aligning with the Sri Lankan government during the brutal civil war that led to the massacre of thousands of Tamils. Wijeweera’s leadership saw the party transform from an idealistic revolutionary force into a paramilitary organization that, alongside the Sinhalese nationalist forces, carried out gruesome acts of violence, targeting Tamil civilians in their homes, schools, and neighborhoods. In 1989, Wijeweera was executed by the government, but the party’s legacy of Tamil oppression lives on. Today, the resurgence of the JVP, with Dissanayake at the helm, is not a mere political victory; it signals a return to the chauvinist ethos that once threatened Sri Lanka’s unity.

The most concerning aspect of JVP’s rise is its potential alignment with China’s geopolitical ambitions. Sri Lanka has long been part of China’s ‘String of Pearls’ strategy — a series of Chinese-backed infrastructure projects and political partnerships aimed at encircling India and securing its maritime dominance in the Indian Ocean. China has steadily built its influence in Sri Lanka, investing in key infrastructure projects like the Hambantota Port and Colombo Port City, which critics argue have pushed the country into a debt trap.

A JVP-led government, with its history of anti-India sentiment and dependence on external powers, could serve as a willing proxy for Chinese interests in the region. This becomes even more problematic when we consider China’s role in backing regimes and movements that are antithetical to Indian interests. Sri Lanka’s strategic location makes it a key player in the Indian Ocean, and a JVP-led government could facilitate China’s military and economic influence in ways that would directly undermine India’s security in the region. For India, the victory of the JVP under AKD’s leadership is not just a political setback but a humanitarian and cultural concern as well. India has long had an emotional and historical connection to Sri Lanka’s Tamil population, a group that suffered greatly during the civil war.

The JVP’s history of being against Tamil rights, and its collusion with Sinhalese extremists during the war, raises deep concerns about the future of ethnic harmony in Sri Lanka. As Tamil Nadu watches developments across the Palk Strait with increasing anxiety, any rollback on Tamil rights and a return to ethnic chauvinism will not sit well with Indian policymakers. Such a scenario could inflame tensions between India and Sri Lanka, especially in the southern states, and could further destabilize the region. India’s position in the region has already been weakened by China’s growing influence in neighbouring countries like the Maldives, Nepal, Pakistan and Bangladesh.

Sri Lanka has been a critical outpost for India in its attempts to counterbalance Chinese power in the Indian Ocean. The JVP’s victory, and its potential pivot towards China, would severely undermine these efforts, leaving Bhutan as one of the few remaining nations in South Asia where India still holds a strategic advantage over China. For India, the stakes are high. The JVP’s return to power could further erode India’s influence in its own neighbourhood, pushing the region deeper into China’s sphere of control. If the current political trends in Sri Lanka continue, India may find itself encircled by a growing bloc of Chinese-aligned nations. The rise of the JVP may bring hope to some within Sri Lanka, particularly those disillusioned with the ruling elite.

However, the party’s history, its ethnic chauvinism, and its potential alignment with China make its victory a serious concern for India. For China, a JVP-led Sri Lanka would be yet another gem in its ‘String of Pearls,’ tightening its grip on the region. For India, it would be yet another geopolitical setback in its backyard, with long-term consequences for regional security and stability. India must remain vigilant and reassess its strategies in the region to counterbalance this growing Chinese influence, even as it watches closely to see what form of governance and international alignment the JVP will bring to Sri Lanka. As the JVP tightens its grip on power, Sri Lanka risks falling firmly into the clutches of the Chinese dragon.

(The writer is Associate Professor, Centre For South Asian Studies, Pondicherry Central University.)

Beyond Red Tape: How Digitalization Can Save Sri Lanka’s Economy

September 24th, 2024

Courtesy The Daily Mirror

Containers stuck at customs inspection yards


The time for change is now, and all stakeholders must come together to drive this transformation

In the high-stakes world of trade and logistics, corruption at Sri Lanka’s customs, IRD, ports, and airports is not just an inconvenience—it’s a crisis that’s crippling the nation’s export sector.

Sean Van Dort, Chairman of the Sri Lanka Shippers Council 

Outdated, manual systems have become breeding grounds for corruption, where bribery and inefficiency rule, bleeding exporters dry and stifling economic growth. The country stands at a critical juncture, where the only viable path forward is the digitalisation of customs and trade operations.

Paper-based customs 

These antiquated, paper-based customs and processes are no match for the demands of the modern global economy, where speed, accuracy, and transparency are paramount. Instead, they are plagued by errors, deliberate delays, and a lack of accountability, allowing corrupt practices to thrive unchecked. As global trade standards become stricter, the need for transparent, secure, and efficient customs operations has never been more urgent.

Digitising Sri Lanka’s customs operations offers a clear solution to this corruption crisis. It would drastically reduce clearance times and costs, cut off avenues for bribery, and restore governance within the customs framework. By adopting international best practices and leveraging technology, Sri Lanka can finally break free from the stranglehold of corruption and integrate more effectively into the global digital trade network.

Right now, traders are being held hostage by a system riddled with red tape and graft. Complex licensing, endless documentation, and delays at ports are not just frustrating—they’re expensive. Additional costs, like storage fees and demurrage charges, are passed down to consumers, driving up prices and eroding trust in Sri Lankan exports. Without decisive action to root out corruption and modernise these processes, Sri Lanka’s export sector will continue to suffer, jeopardising the nation’s economic future.

The recent establishment of a new Internal Customs Unit within Sri Lanka Customs, as announced by the Finance Ministry, is a step in the right direction

When customs officers go on strike or adopt a go-slow approach, the repercussions are immediate and widespread. Importers face delays, leading to storage and demurrage charges that quickly accumulate,” said Sean Van Dort, Chairman of the Sri Lanka Shippers’ Council. These additional costs inflate prices and contribute to economic strain. The lack of urgency and accountability among customs officers exacerbates these issues. Without Key Performance Indicators (KPIs) or a robust system to monitor and track performance, inefficiencies persist unchecked.

Deep-rooted issues 

The solution to these deep-rooted issues lies in digital transformation. Implementing a robust digital mechanism to track and manage customs operations can revolutionise the current system. Digital fingerprints and automated systems can ensure that customs officers are held accountable for their time and actions. Despite the potential for significant improvements, resistance to change remains. The lack of digital infrastructure allows corrupt practices to flourish. Manual documentation processes provide opportunities for bribery and corruption, as documents can be manipulated and sold to competitors.

Beyond customs, issues with ports, warehousing, airport bottlenecks, and inefficiencies at the Inland Revenue Department (IRD) highlight the need for modernisation. Old, dilapidated warehouses and inefficient destuffing processes add to the logistical nightmare. Importers often face long waits and additional fees if they do not comply with informal demands for payments. The lack of modern infrastructure and streamlined processes leads to delays and added costs that impact the end consumer.

At the airport, the situation is equally dire. Every export must be cleared for explosives by the air force, a rule dating back to the civil war. Despite the war’s end, this practice continues, creating logistical bottlenecks and increasing costs. The lack of proper inspection facilities means that cargo is often exposed to the elements, leading to damage and loss. The monopoly of Sri Lanka Airlines on ground handling further complicates matters, with reports of pilferage and inefficiencies adding to exporters’ woes.

The inefficiencies extend to the Inland Revenue Department (IRD), which, despite having visibility of customs operations, still requires physical proof for various transactions. This not only adds to the logistical burden but also opens avenues for corruption. Digitalisation can streamline these processes, reducing the need for physical documentation and minimising opportunities for bribery. Another issue that needs to be looked into is the slow issuance of SVAT credit vouchers. This is causing significant delays and cash flow problems for exporters. This sluggishness in processing essential tax credits is yet another example of how inefficiency and red tape are eroding the competitiveness of Sri Lankan exports.

Bureaucratic inertia 

The Board of Investment (BOI), which should be a beacon for attracting foreign investment, is mired in lethargy and a lack of decisive action. Investors face endless delays, and critical decisions are often postponed, leaving projects in limbo and discouraging the much-needed foreign capital. This bureaucratic inertia at the BOI is further compounding the challenges faced by exporters, who rely on a dynamic and responsive investment environment to stay competitive.

Van Dort notes that the call for reform is not new. Past efforts to digitise customs operations have faced resistance from unions and entrenched interests. The frequent transfer of IT personnel, who were crucial to driving change, disrupted continuity and progress. Additionally, creating new units within customs to monitor imports of raw materials for BOI enterprises added another layer of bureaucracy, further complicating the process.

Addressing these issues requires a concerted effort. Implementing digital solutions is crucial to streamline operations, reduce corruption, and improve efficiency. The government must take decisive action to enforce digitalisation, despite resistance. This includes revisiting and enforcing existing laws and ordinances that mandate digital processes, ensuring adherence by all stakeholders.

The recent establishment of a new Internal Customs Unit within Sri Lanka Customs, as announced by the Finance Ministry, is a step in the right direction. The Sri Lanka Shippers’ Council has welcomed this move, expressing hope that the unit will significantly improve transparency and public trust. The Council also calls for extending this system to other departments, reinforcing the need for comprehensive reform across the board.

The time for change is now, and all stakeholders must come together to drive this transformation. Embrace the future, or be left behind. Let’s commit to a digital revolution in customs and logistics, ensuring a prosperous and competitive Sri Lanka for generations to come. The call to action is clear: support digitalisation efforts, advocate for transparency, and work collaboratively to create a thriving trade ecosystem. The future of Sri Lanka’s economy depends on it.

Sri Lanka’s inflation drops in August 2024

September 24th, 2024

Courtesy Adaderana

The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has decreased to 1.1% in August 2024, compared to 2.5% in July 2024, according to the latest data released by the Department of Census and Statistics.

Meanwhile, food inflation has decreased to 2.3% in August 2024 compared to 2.9% in July 2024 and the Year-on-Year inflation of the non-food group increased to 0.2% in August 2024 from 2.2% in July 2024.

The NCPI for all items for the month of August 2024 is 204.1 and it records a decrease of 2.8 in index points compared to July 2024.

New Secretaries appointed for 15 ministries including PM’s Secretary

September 24th, 2024

Courtesy Adaderana

New Secretaries have been appointed for 15 ministries, including the positions of Prime Minister’s Secretary and Cabinet Secretary, according to the President’s Media Division (PMD). 

The full list of appointments is as follows:

1. Mr. G.P. Saputhanthri – Secretary to the Prime Minister
2. Mr. W.M.D.J. Fernando – Cabinet Secretary
3. Mr. K.D.S. Ruwanchandra – Secretary to the Ministry of Transport, Highways, Ports, and Civil Aviation
4. Mr. K.M.M. Siriwardena – Secretary to the Ministry of Finance, Economic Development, Policy Formulation, Planning, and Tourism
5. Mrs. Aruni Wijewardena – Secretary to the Ministry of Foreign Affairs
6. Ms. J.M.T. Jayasundara – Secretary to the Ministry of Education, Science and Technology
7. Mr. K. Maheson – Secretary to the Ministry of Women, Children, Youth Affairs, and Sports
8. Mr. M.M. Naimuddin – Secretary to the Ministry of Trade, Commerce, Food Security, Cooperative Development, Industry, and Entrepreneurship Development
9. Mr. A.M.P.M.B. Atapattu – Secretary to the Ministry of Rural and Urban Development, Housing, and Construction
10. Mr. Palitha Gunaratne Mahipala – Secretary to the Ministry of Health
11. Mr. W.P.P. Yasaratne – Secretary to the Ministry of Justice, Public Administration, Home Affairs, Provincial Councils, Local Government, and Labour
12. Mr. B.K. Prabhath Chandrakeerthy – Secretary to the Ministry of Environment, Wildlife, Forest Resources, Water Supply, Plantation, and Community Infrastructure
13. Mr. M.P.N.M. Wickramasinghe – Secretary to the Ministry of Agriculture, Lands, Livestock, Irrigation, Fisheries, and Aquatic Resources
14. Mr. H.S.S. Thuiyakontha – Secretary to the Ministry of Defence
15. Mr. D.W.R.B. Seneviratne – Secretary to the Ministry of Public Security
16. Mr. Ranjith Ariyaratne – Secretary to the Ministry of Buddhasasana, Religious and Cultural Affairs, National Integration, Social Security and Mass Media
17. Professor K.T.M. Udayanga Hemapala – Secretary to the Ministry of Energy

Sri Lanka’s new three-member Cabinet appointed

September 24th, 2024

Courtesy Adaderana

Sri Lanka’s new three-member Cabinet appointed

September 24, 2024   05:55 pm

Sri Lanka’s new three-member Cabinet of Ministers was sworn-in before President Anura Kumara Dissanayake at the Presidential Secretariat in Colombo, a short while ago. 

Dr. Harini Amarasuriya was sworn-in as the Minister of Justice, Education, Labour, Industries, Science and Tech, Health and Food Security, shortly after taking oath as the new Prime Minister.

President Anura Kumara Dissanayake has retained the following Ministerial portfolios:

  • Defence, Finance
  • Economic Development, Policy Formulation, Planning and Tourism
  • Energy
  • Agriculture, Land, Livestock, Irrigation, Fisheries and Aquatic Resources

Prime Minister Dr. Harini Amarasuriya has been given the following Ministerial portfolios:

  • Justice, Public Administration, Provincial Councils, Local Government and Labour
  • Education, Science and Technology
  • Women, Child and Youth Affairs and Sports
  • Trade, Commercial, Food Security, Co-operative Development, Industries and Entrepreneur Development
  • Health

Vijitha Herath will hold the following Ministerial portfolios:

  • Buddhasasana, Religious and Cultural Affairs, National Integration, Social Security and Mass Media
  • Transport, Highways, Ports and Civil Aviation
  • Public Security
  • Foreign Affairs
  • Environment, Wildlife, Forest Resources, Water Supply, Plantation and Community, Infrastructure
  • Rural and Urban development, Housing and Construction

MP Lakshman Nipunaarachchi, Former MPs Sunil Handunnetti, Bimal Ratnayake, Dr. Nalinda Jayatissa, Wasantha Samarasinghe, Secretary to the President Dr. Nandika Sanath Kumanayake, Secretary to the Ministry of Defence and H.S. Sampath Thuyacontha were also present at the event.

Sri Lanka’s General Election on November 14

September 24th, 2024

Courtesy Adaderana

The Extraordinary Gazette notification issued by President Anura Kumara Dissanayake dissolving the Parliament of Sri Lanka effective from midnight today (24), has been published by the Department of Government Printing.

The proclamation dissolves Parliament with effect from midnight today and summons the new Parliament to meet on the November 21, 2024.

It has also fixed November 14, 2024 as the date for the election of the new Members of Parliament.

The Gazette notification further specifies the period beginning on October 04 and ending at 12 noon October 11, 2024 as the nomination period, during which nomination papers shall be received by the Returning Officers. 

The President has issued the Gazette by virtue of the powers vested in him by Article 70 of the Constitution of the Democratic Socialist Republic of Sri Lanka and in pursuance of the provisions of Section 10 of the Parliamentary Elections Act, No. 1 of 1981.

Dissanayake, leader of the People’s Liberation Front (JVP) and the National People’s Power (NPP) alliance, won a landslide victory over the weekend by beating 38 other candidates and garnering over 5.6 million or 42.3 per cent of the votes. 

During the election campaign, Dissanayake vowed to dissolve Parliament if he wins and call snap elections. The present Parliament’s five-year term ends in August next year.

His party had just three lawmakers in Sri Lanka’s 225-member parliament.

Dissanayake was sworn into office on Monday while he appointed academic and first-time lawmaker Harini Amarasuriya as the new prime minister on Tuesday, making her the third woman to be appointed to the post.

On the same day, he appointed a three-member Cabinet which includes NPP’s Vijitha Herath, Amarasuriya and himself, which will serve as the caretaker government until the polls are held.  

Meanwhile, President Dissanayake is expected to make a special statement while addressing the nation at 7.30 pm tomorrow (25 September), according to the Department of Government Information.

Gazette on Dissolvement of Parliament by Adaderana Online on Scribd

Farewell Ranil

September 23rd, 2024

Senaka Weeraratna

Hon. Mr. Ranil Wickremesinghe, 

President of Sri Lanka 

Dear Ranil

It would be tantamount to an amiss if a friend from your childhood days both in the primary and secondary schools and subsequently at the Colombo Law Faculty, did not stand up and say 

‘ Thank you’ for having served as the President of Sri Lanka. 

Whatever the verdict of the people at the hustings, which change from time to time, nothing can prevent your rightful place in history books. It is a remarkable achievement. Only a very few are privileged to have access to such high positions. You are one of them. 

The Buddha identified Gratitude as an ennobling and rare quality. 

In one of his finest discourses in the Anguttara-Nikaya the Buddha speaks as follows: The sum of all that makes a bad man is ingratitude; the sum of all that makes a good man is gratitude .

” These two people are hard to find in the world. Which two? The one who is first to do an act of  kindness, and the one who is grateful and thankful for an act of  kindness done.” 

In so saying the Buddha placed a heavy emphasis on the need to treasure and value people who do kind deeds and cultivate good virtues.

It is in the spirit of gratitude that I am penning this little note as you exit from the office of President. It is free of moral Judgment.

I have no doubt that your  former classmates at school (1960 group) and former colleagues at the University and later at the Bar will endorse this unreserved note in the same spirit of sincerity that it is written in.

Keep well as you charter your unique and unparalleled life into the next phase of Sri Lanka’s unfolding saga. 

Best wishes 

Senaka Weeraratna

අභිනව ජනාධිපතිතුමා සහ ඉතිහාසයේ දඬු අඬුව

September 23rd, 2024

චන්ද්‍රසේන පණ්ඩිතගේ  

අනුර කුමාර දිසානායක මහතා ලංකාවේ ප්‍රථම සුලුතර ජනපති වීමට නියමිතය. මෙය වනේ වන හතුරෙකුටවත් නොවිය යුතු තැනකට මෙරට ජනාධිපති වරයා ඇද දැමීමෙකි. මෙවර මුලු ඡන්ද සංඛ‍්‍යාව 17,140,354 කි; එසේම ප්‍රකාශිත ඡන්ද සංඛ‍්‍යාව 13,619,916 කි. අනුර කුමාර දිසානායක මහතා ඉන් ලබා ගත්තේ ඡන්ද  එනම්, ජනාධිපතිවරයා ලබාගෙන ඇත්තේ ඡන්ද 5,634,915 කි. ප්‍රතිශතයක් ලෙස මෙය, මුලු ඡන්ද සංඛ‍්‍යාවෙන් 32.9% කි; ප්‍රකාශිත ඡන්ද සංඛ‍්‍යාවෙන් 41.37%කි. මෙය 42% ඉක්මවා යන්නේ, ප්‍රකාශිත වලංගු ඡන්ද ගැන සලකන විටය. නමුත් පුරවැසියන් කළකිරීමෙන් ඡන්ද ප්‍රතික්‍ෂේප කරන බව දන්නා අපි, ප්‍රකාශිත ඡන්ද සංඛ‍්‍යාවෙන් ප්‍රතිශතයක් ලෙස අභිනව ජනාධිපති වරයාගේ ඡන්ද ගත යුතු යැයි උදක්ම සිතමු. ඒ නයින් ඔහුට රටේ 41%ක් කැමැතිය; 59%ක් ඔහුව ප්‍රතික්‍ෂේප කර ඇත.

ඔහුට ඡන්දය දුන් සුලුතරය ඔහු කෙරෙහි අප්‍රමාණ විශ්වාසයෙන් පසු වෙයි. පසුගිය දිනවල ඉහළ ගිය ජීවන වියදම පහළ දැමීම ඉන් ප්‍රධාන බලාපොරොත්තුවකි. එසේම, ජීවන තත්වය උසස් කිරීම, වංචා සහ දූෂණ නැති කිරීම, රාජ්‍ය සේවයේ ගුණාත්මක භාවය වැඩි කිරීම වැනි තව බොහෝ අපේක්‍ෂා ඒ සමඟ වෙයි. අභිනව ජනාධිපතිවරයා බොහෝ පොරොන්දු දී ඇත. ඒ සියල්ලම ඉටු කරන අතර ඔහුට රටේ මුල්‍ය ස්ථාවරත්වය පවත්වාගෙන යා යුතුව ඇත. ජාත්‍යන්තර මූල්‍ය අරමුදල සමඟ ගිවිසුම ඊට මේ වෙලාවේ ඇති එකම ආධාරකයයි. මේ පොරොන්දු සහ ජාත්‍යන්තර මූල්‍ය අරමුදලේ ගිවිසුම අතර බොහෝ ප්‍රායෝගික පරස්පරතා ඇත. ඔහුට මේ පරස්පරතා අතර ඉදිරියට යාමට ස්ථාවර සහ බලවත් පාර්ලිමේන්තුවක් අත්‍යවශ්‍යය.

මේ ඡන්ද ප්‍රමාණයම ලැබේයයි උපකල්පනය කළහොත් ඊළඟ පාර්ලිමේන්තුවේ දී, අභිනව ජනාධිපතිවරයා ගේ පක්‍ෂයට ආසන 90-95 ලැබීමට නියමිතය. ඒ අනුව ඔහුට ලැබෙනුයේ දුර්වල පාර්ලිමේන්තු වරමෙකි; බහුතර බලයක් නැත. ඉදිරියට අනුමත කරගතයුතු ජාත්‍යන්තර මූල්‍ය අරමුදල  හා ගිවිසගත් පනත් බොහොමයක් ඇත. ඒ පනත් අනුමත නොවුනහොත්, ජාත්‍යන්තර මූල්‍ය අරමුදල අප හා ඇති ගිවිසුම අහෝසි කරනු ඇත. එවිට නැවත අපට විදේශ විනිමය හිඟයක් ඇති විය හැකිය. ගෑස් පෝලිම්, තෙල් පෝලිම්, ආනයන සම්භාදක නැවත ඇති කිරීමට සිදු වනු ඇත.

රනිල් වික්‍රමසිංහ හිටපු ජනාධිපතිවරයා සහ සජිත් ප්‍රේමදාස ලබාගත් ඡන්ද ගණන මුලු ප්‍රකාශිත වලංගු ඡන්ද ප්‍රමාණයෙන් 50.03%කි. ඔවුන් එකතු වුනා නම්, ලෙහෙසියෙන් ම අනුර කුමාර දිසානායක ජනපති පැරදවිය හැකිය තිබිණි. ඔවුන් දෙදෙනාම මීට වසර කිහිපයකට පෙර, එකම පක්‍ෂයේ අයය. ඔවුන් දෙදෙනාටම ඔවුන් ගේ පක්‍ෂ සාමාජිකත්වය, එක්වී මහා මැතිවරණයට තරඟ කළ යුතු බවට විශාල පීඩනයක් ඇති කරනු ඇත. ඔවුන් එක්වී තරඟ කළහොත්, ඔවුන්ට පාර්ලිමේන්තු බහුතරය ගත හැකිය. ඔවුන් එසේ පාර්ලිමේන්තු බහුතරය ලබා ගතහොත්, සුලු ජාතික පක්‍ෂද ඔවුන්ට සහාය දෙන බව පැහැදිලිය. ඔවුන් වෙන වෙනම තරඟ කළද, පාර්ලිමේන්තු බහුතරය ඉව වැටේ නම්, ඔවුන් පාර්ලිමේන්තුවේ දී උවද එක් විය හැකි බව පැහැදිලිය. ඒ නිසා ඔවුන් එය අනිවාර්‍යෙන් ම කරනු ඇත. එවිට ජනාධිපති වරයාට තමන් ගේ අණ පනත් මෙන්ම අය වැයක් ද සම්මත කරගත නොහැකිය.

එසේ උවහොත් අනුර කුමාර ජනාධිපති වරයා, විපක්‍ෂයේ පීඩනයට හිරවී, ඔහුගේ පොරොන්දු කිසිවක් ඉටු කරගත නොහැකි ජනාධිපති වරයෙකු වනු ඇත. ජනතා කළකිරීම් හා අපේක්‍ෂා භංගත්වය හමුවේ, ඔහුට පක්‍ෂය තුළින් ම බෙදීයාම් සහ බිඳී යාම් වලට මුහුණ දීමට සිදුවනු ඇත. ඔහුට සිය ස්ථාවරය රැක ගැනීම පවා අපහසු වනු ඇත. අප දන්නා පරිදි, අනුර කුමාර දිසානායක මහතා ඉතා ප්‍රහාරාත්මක විවේචන අනෙක් නායකයිට එල්ල කළ කෙනෙකි; තමන්ගේ කරුණු ස්ඵුට කිරීමට සත්‍යය මෙන්ම අර්ධ සත්‍යයද යොදා ගත්තෙකි. ඉතිහාසය විසින් ඔහු ඉතා අසීරු දඬු අඬුවක සිර කර ඇත. මේ තත්ත්වය සහ අභියෝග හමුවේ, ඒවාට මුහුණදී, ජනතාවට දුන් පොරොන්දු ඔහුට ඉටු කළ හැකිනම්, අනුර කුමාර දිසානායක නාමය මේ රටේ ඉතිහාසයේ රන් අකුරින් ලියවෙනු ඇත.

AKD Should Not Try to be Everything to Everyone

September 23rd, 2024

Dilrook Kannangara

Anura Kumara won the most keenly contested Sri Lankan election with a large margin. He transformed the JVP into a modern and realistic political party. As a result, he won Colombo-7 along with other affluent Colombo suburbs (3,4,5,6). Same goes for suburbs with professionals including Homagama, Moratuwa, etc. His dramatic wins in former UNP bastions some identified as the Christian Belt (Negombo, Wattala, Katana, Naththandiya, Ja-Ela) shows his reach was not confined to one creed. He performed very well in key Muslim majority suburbs outside the north and east as well.

However, he totally failed in the north, east and Nuwara Eliya district. Gotabaya won more votes there than Anura.

Election map shows the areas he must focus on – the areas he won, the areas in red. This is because he can repeat the feat by retaining them. No guarantee he can win the unwinnable areas. Invest where it mattered.

Well-meaning people recite the same mantra after an election in vain – we should all unite and make everyone’s life better. Of course, it should happen. But for it to be sustainable, it must follow a certain path and a set of priorities.

Resources and opportunities are limited. Contrary to the national anthem and fairy tales of some, Sri Lanka does not sit on a pot of gold. It is a resource-poor nation earning most of its foreign exchange by the export of cheap labor, tea, garments and EPZ exports. These are near-slavery based industries. Dramatic and overnight development is not possible. A slow but steady transformation is needed.

In that process Anura should not try to appease everyone. It is not possible. Instead, his priorities should focus on convincing his voters that they made the right choice. Areas where he won must get the lion’s share of benefits of his rule, and not other areas. Mahinda, Sirisena, Gotabaya and Ranil got this wrong and paid the price. Interestingly successful politicians in Sri Lanka got it right. They also developed the nation where it mattered. It is the norm in other democratic nations. Modi knows who his voters are and champions their cause; certainly not the rest. The same happens in the US, UK, France, Germany, Japan, etc. This is democracy at work. It does not mean total disregard of those who did not join the change. A basic level of focus is needed throughout the nation. However, trying to be everything to everyone is a sure path to bankruptcy, loss of support from the sections that support you (no use depending on those who don’t support) and ultimately an untimely and inglorious exit.

Instead, areas important to sustain support for the regime must be prioritized for development and upliftment. This ensures the government survives its full term to deliver what was promised. It also earns enough returns that can be distributed to others. For instance, almost all export income and tax revenue are earned from areas outside the north and east. Therefore, development of these areas AKD won, investments, upliftment and betterment of these areas must be prioritized over the north and east. If not, there won’t be any returns to be reinvested and bankruptcy looms ugly. A good investor would first invest in solid and proven stock that already yield a good return. Thereafter he may experiment with others. Mixing them up is a disaster.

In conclusion, while trying to become everything to everyone seems good on paper and closer to what is generally understood as socialism, it is a disaster waiting to happen because resources and opportunities are very limited. Invest where most resources and opportunities are currently being created before venturing into other areas. All the best Anura. Put your oxygen mask first, before putting it on others and you will do positive change in the island nation.

The Complex Dynamics of Sri Lankan Politics: Anura Kumara Dissanayake’s Rise and the Sinhala Buddhist Vote

September 23rd, 2024

By Palitha Ariyarathna

Synopsis

The article examines the complexities of Sri Lankan politics, particularly focusing on Anura Kumara Dissanayake and the Sinhala Buddhist vote. Despite Dissanayake garnering approximately 57,401 votes, he faced significant opposition, with nearly double that number supporting other candidates. Many voters criticized him for perceived anti-Buddhist sentiments within his party, leading to backlash against his campaign.

As Sri Lanka embarks on a new chapter under its recent presidency, the political landscape remains deeply polarized. The discourse surrounding Sinhala Buddhist identity and its implications for governance and social cohesion has intensified, particularly after the last elections that saw substantial support for Gotabaya Rajapaksa from Sinhala Buddhist voters. This support raises critical questions about nationalism, identity politics, and the future of Sri Lanka’s democracy.

Many political commentators suggest that Gotabaya’s electoral victory was influenced by accusations of manipulation and racism, resulting in devastating events in Sri Lanka. However, the specifics of these claims are still unfolding and will require further investigation.

High-profile figures like Anura Kumara Dissanayake have portrayed Sinhala Buddhist voters as inherently racist, overlooking the complex socio-political motivations behind their choices. While Dissanayake critiques Sinhala Buddhist nationalism, it is essential to recognize that many who supported Rajapaksa did so not from a place of racism, but from a desire for stability and security amid ongoing socio-economic challenges stemming from the previous Yahapana government and perceived anti-Sinhala, anti-Buddhist threats.

In a nation where Sinhala Buddhists often feel marginalized in discussions about governance and rights, acknowledging their historical and cultural significance is crucial. This community, particularly the Kandyan peasants, has a rich legacy of resistance against invasions, with their cultural identity deeply intertwined with the country’s narrative since the time of King Pandukhabaya.

Dr. Sudath Gunasekara emphasizes the significance of the Kandyan community in Sri Lanka, noting that the Kandyan matters of 1951 serve as a poignant reminder of the sacrifices made by countless individuals who dedicated their lives to building the nation. He points out that over five million Kandyan peasants, spread across at least sixteen districts, continue to face neglect and marginalization. This community, historically rich in cultural and agricultural contributions, has been betrayed by the closure of the Department of Kandyan Peasantry Rehabilitation, which once aimed to address their unique challenges and needs. Gunasekara argues that successive governments have failed to address this problem, reflecting a broader neglect of the legacy and rights of the Kandyan people, who have played a crucial role in Sri Lanka’s history.

It is vital for any government, especially one led by Dissanayake, to understand the plight of the Kandyan community, who are the true Bhumiputras of the Central Hills. Their historical connection to the land and the injustices they faced, particularly under British rule, must be addressed. Dissanayake’s past statements and actions, perceived as anti-Buddhist and anti-Sinhala, have alienated many voters.

The Aragalaya movement, aimed at challenging the status quo, attracted a diverse range of participants, including those with anti-Buddhist sentiments. While it symbolized a call for accountability and reform, the movement also showcased activities that undermined national unity, including acts against Sinhala Buddhist symbols. Such actions raise significant concerns about the movement’s impact on the national identity.

Despite Anura Kumara Dissanayake receiving approximately 57,40179 votes, nearly double that number supported other presidential candidates, highlighting his lack of broad-based appeal. Many voters expressed disapproval of Dissanayake and his party, pointing to perceived anti-Buddhist sentiments among his supporters and leaders. This issue became a significant factor in the backlash against his campaign, revealing a critical divide in public perception.

The global resurgence of nationalism serves as a cautionary tale for Sri Lanka, illustrating how identity-based politics can exacerbate societal polarization and heighten tensions among different ethnic and religious groups. Political leaders must prioritize inclusive dialogue that recognizes the contributions of all communities while also honoring the inherent rights of the indigenous peoples who have built the nation over thousands of years, sacrificing their lives in the process. Fostering unity is essential, but it must avoid deepening divisions and the power devolution.

While some may link communism with anti-religious sentiments, many communist leaders prioritize national interests and social cohesion. Figures like Fidel Castro and Mao Zedong sought to unify their nations under a nationalist agenda, balancing ideology with cultural identity.

As Sri Lanka navigates its political future, meaningful discourse about identity, rights, and governance is essential. Acknowledging the historical significance of Sinhala Buddhists while addressing the needs and aspirations of all communities can lead to a more cohesive and resilient society. The considerable number of voters opposing Dissanayake illustrates a growing awareness of the need for leadership that prioritizes unity over division. In an era of rising nationalism, Sri Lanka must balance its rich cultural heritage with the ideals of democracy and inclusivity, ensuring every voice is heard and respected.

Dissanayake must avoid bias as a political leader and strive for honesty  rather than seeking personal political gain. He should recognize the sacrifices made by Kandyan peasants and work to uplift the nearly six million Kandyan peasants. Understanding that a significant portion of his voters are Sinhala Buddhists, Dissanayake must advocate for their rights and the broader national identity, providing leadership that addresses historical injustices and seeks solutions for all native peoples in Sri Lanka.

Anura Kumara Dissanayake cannot dismiss the requests of Kandyan peasants or the fight for Sinhala Buddhist rights as mere racism any longer. It is essential to recognize these issues as legitimate concerns that deserve serious attention and solutions. Moreover, any backstabbing groups cannot ignore or covertly deny the inherent rights of the native peoples. This is a land where a Sinhala Buddhist nation exists, and their voices must not be sidelined.

Only then can he demonstrate his commitment as a true and honest leader for the nation.

By Palitha Ariyarathna

Real System Change: Shaping Sri Lanka’s Future

Air Vice Marshal Sampath Thuyacontha (Retd) assumed duty as new Defence Secretary

September 23rd, 2024

Ministry of Defence  – Media Centre

Air Vice Marshal Sampath Thuyacontha (Retd) WWV, RWP and two bars, RSP and bar, USP, MMSc (Strat Stu- China), MSc (Def Stu) in Mgt, MSc (Def & Strat Stu), fndu (China), psc has been appointed as the new Secretary to the Ministry of Defence by His Excellency the President Anura Kumara Dissanayake.

AVM Thuyacontha officially assumed duty in his new appointment at the Defence Ministry at the Defence Headquarters Complex in Akuregoda this evening (Sep 23, 2024).

Soon after assuming duties in his new appointment the Defence Secretary chaired a special discussion with defence heads including Additional Secretaries of the Defence Ministry, Chief of Defence Staff and tri forces commanders.

AVM Thuyacontha, a distinguished officer of the Sri Lanka Air Force retired in November 2021 after completing more than 33 years of dedicated service to the nation. At the time of his retirement, he held the appointment of Director Training of the Sri Lanka Air Force.

AVM Thuyacontha (Retd) was born in Colombo on 26th November 1966. He studied at the prestigious Thurstan College in Colombo. An avid rugby player, he represented the 1st XV rugby team of his school and was selected to represent Colombo Schools Rugby Team in year 1986. He received the School Rugby Colours in 1986.

Having joined the Sri Lanka Air Force in 1988 to the 19th Intake as an Officer Cadet, he was commissioned as a Pilot Officer in the General Duties Pilot Branch in 1990. During his training period, he has successfully completed the Basic Combat Training, Basic Flying Training, Basic and Advanced Helicopter Training Courses.

After completion of training in 1990, he was deployed for flying duties as an operational pilot in Bell 212/412 helicopters. In 2001, he was posted to No 9 Attack Helicopter Squadron, Sri Lanka Air Force Base at Hingurakgoda as the Second in Command and later was appointed as the Commanding Officer in 2005.

The important appointments held by the senior officer also included Base Commander, SLAF Base Anuradhapura,Commandant of SLAF Academy China Bay, Base Commander SLAF Base Katunayake and  the first  Air Commander of the   Sourthern Air   Command.

During his service, he had actively involved in all major operations including the final humanitarian operation. He had logged more than 7000 flying hours as an Operations/ VIP and Attack Helicopter Pilot of Sri Lanka Air Force.

Air Vice Marshal Thuyacontha has also served as the Defence Adviser to the High Commission of Sri Lanka in Islamabad, Pakistan for a period of two years and as the Chief Instructor of the Defence Services Command and Staff College in 2014.

Sri Lanka: Can Anura Dissanayake revive a struggling nation?

September 23rd, 2024

Aparna Ramamurthy in Colombo Courtesy DW.com

Sri Lanka’s new president, Anura Kumara Dissanayake, is tasked with leading the island nation out of its worst economic crisis in more than two generations.

Anura Kumara Dissanayake was sworn in as Sri Lanka‘s president on Monday, vowing to change the island nation, which is emerging from its worst economic crisis in more than seven decades.

Dissanayake, who ran as head of the Marxist-leaning National People’s Power coalition, defeated opposition leader Sajith Premadasa and 36 other candidates in Saturday’s vote.

During his election campaign, Dissanayake challenged the established political order accused of corruption and mismanagement, which resonated deeply with millions of Sri Lankans. 

“We need to establish a new clean political culture,” he said during his swearing-in speech.

“I have said before that I am not a magician — I am an ordinary citizen. There are things I know and don’t know. My utmost objective is to gather those with the knowledge and skills to help lift this country.”

Sri Lanka’s close neighbors IndiaPakistan, and the Maldives congratulated Dissanayake on his win, along with Chinese President Xi Jinping, who said he looked forward to working together “to jointly carry forward our traditional friendship.”

Dissanayake: An outsider who rose to the presidency

The 55-year-old, popularly known as AKD, leads the National People’s Power (NPP) alliance, which includes his party, the Janatha Vimukthi Peramuna (JVP), or People’s Liberation Front.

Dissanayake gained prominence as a student leader before becoming a part of JVP’s central committee in 1997. He later entered Parliament and became a cabinet minister in President Chandrika Bandaranaike Kumaratunga’s government.

Dissanayake’s rise now is particularly remarkable, considering he received only 3% of the vote in the 2019 presidential election.

Saturday’s vote was the first since mass protests over shortages of essentials such as foods, medicines, cooking gas and fuel in 2022 forced then-president Gotabaya Rajapaksa to flee the country and resign.

Experts believe Dissanayake and his party seized this moment by pledging to transform the island’s political culture and dismantle its entrenched political dynasties.

“Although former President Ranil Wickremesinghe helped stabilize the country’s economy, people still view him as someone aligned with the Rajapaksa clan, who are accused of corruption and promoting family politics,” senior journalist and political science lecturer Amirthanayagam Nixon told DW.  

“Voters took this opportunity to completely remove them from power and give a new face a chance.”

Concerns have been raised about a completely new president taking the helm during such a critical period for the country.

Economic recovery challenges 

Dissanayake’s main challenge will be economic recovery. 

His election manifesto included plans to revisit the terms of Sri Lanka’s International Monetary Fund’s $2.9 billion (€2.6 billion) bailout, along with a commitment to cut taxes.

Sri Lanka: Left-wing lawmaker becomes next president

“Any adjustments to the IMF program must be with consideration to why it’s being done and if those adjustments help attain a better outcome than today,” Anushka Wijesinha, an economist and director of Colombo-based public policy think tank, Center for a Smart Future, told DW.

Wijesinha added that continuing the debt restructuring, which has almost reached the final step, should be Dissanayake’s key priority. 

“The new president has to maintain credibility and predictably with the bondholder group and the official creditor committee and get it over the finish line,” Wijesinha said.

“This will help move Sri Lanka out of default status and strengthen the new government’s hand in dealing with international lenders and move on with other policy priorities they may have.”

What other issues will Dissanayake face?

Apart from economic recovery, how Dissanayake handles the issues of Sri Lankan Tamils, the country’s largest ethnic minority that accounts for nearly 12% of the 22 million population, remains uncertain.

Historically, his JVP party has been seen as opposing Tamil interests, which led to fewer votes for him in the northern and eastern provinces, where the Tamil and Muslim populations are mainly concentrated.

“His party has engaged in anti-Tamil activities,” according to Siva Ramasamy, chief editor of the Thamilan newspaper, who claimed that the JVP played a key role in splitting the North and East provinces, which were once united.

Sri Lankan Tamils share deep social, cultural and linguistic ties with people in the southern Indian state of Tamil Nadu, and have been struggling to recover from decades of a civil war that lasted until 2009 and claimed around 100,000 lives.

How Sri Lanka’s 2022 economic crisis hit daily life

During Sri Lanka’s 2022 economic crisis, millions of people struggled to secure two square meals a day and afford critical medicines amid the nation’s acute economic turmoil.

Unaffordable rice

This woman from Wanathamulla, a neighborhood near the capital Colombo, is struggling to feed her three children and grandchild. Her husband left her after a cooking gas explosion left her injured. She has no steady income and tries to keep the family afloat by doing casual jobs. Even basic foodstuffs like rice have become almost unaffordable for millions of Sri Lankan families.

Protein deficiency

Nilanthi Gunasekera, 49, poses with a handful of dried fish. “Before the economic crisis, we ate well and we served meat or fish to our kids at least three or four times a week. Now fish is out of the reach of our family and so is meat,” she said.

How to start over?

Gamage Rupawathi (right), 60, used to have her own fruit shop in Colombo, which enabled her to provide well for herself, her husband (center) and her son (left). But due to the long lockdowns during the COVID pandemic, she had to close the shop. Now, amid the economic crisis, she lacks the money to reopen her business.

A cup of tea and two pieces of biscuit

On some days, this is the only meal for Gamage Rupawathi’s husband. More than a quarter of the island nation’s 22 million inhabitants currently have difficulty securing two square meals a day.

Rationed medication

Manel Peiris, a heart patient, is struggling to afford her medication. Earlier, the 68-year-old used to regularly receive three-month supplies of medicine from a public hospital. “Now we have to buy them from pharmacies, costing 3,400 rupees (€9.5, $9.5) a month, which I can’t afford. So I am only buying for a week at a time. Sometimes my husband has to borrow money or ask for a wage advance.”

Bathing at a public well

“We have a tap water connection but it’s very difficult to pay water and electricity bills, in addition to the rising costs of food. So now I bathe at a public well more often in order to save money,” said Sivaraja Sanjeewan, a 31-year-old auto-rickshaw driver.

‘Business is very difficult’

Priyani Dhammika, 53, makes so-called betel stacks to chew. They consist of crushed areca nuts wrapped in tobacco leaves. “Business is very difficult now,” she said. The price of the nuts has tripled and the leaves have become as much as eight times more expensive, she added.

What to cook with?

Since thieves stole their gas tank and stove, 62-year-old Vidyathipathige Nihal and his family have been forced to cook over an open fire. The demand for firewood has risen sharply due to the shortage of gas — as has the price.

No help from the state

This former soldier said he can no longer live on his veteran’s pension due to high inflation, and he’s not expecting government financial support. Sri Lanka secured a staff-level agreement for a $2.9 billion (€2.8 billion) bailout from the International Monetary Fund earlier this month, but “this is only the beginning of a long road out of the crisis for Sri Lanka,” said an IMF spokesman.

In a nation where the Sinhalese ethnic group makes up roughly three-quarters of the population, many Sri Lankan Tamils support the devolution of powers to the North and East, as well as reconciliation following the civil war. 

“JVP has never supported Tamils. Now, it’s unclear how Dissanayake, being from the same party, will address this issue,” Ramasamy told DW.

“The question is whether they are willing to implement the 13th Amendment of the Sri Lankan Constitution, which grants various powers to Tamil minorities,” he added, referring to what has been a long-standing demand from the Indian government.

However, Ramasamy doubts this will happen and believes that Buddhist nationalism may influence Dissanayake’s decisions.

Navigating international relations — India or China?

Experts say Dissanayake will face many challenges not only on the national front but also on the international stage.

Considered close to China, Dissanayake became known for fanning anti-Indian sentiments in the Indian Ocean Island. 

Dissanayake also opposed any investigations into alleged war crimes during the civil conflict between Liberation Tigers of Tamil Eelam and Sri Lankan forces. 

More recently, he mentioned plans to cancel Indian business tycoon Gautam Adani’s 450 Megawatt (MW) power project in Sri Lanka if elected. He called the agreement corrupt and against the country’s interests.

“Sri Lanka cannot afford to make India an enemy at this juncture,” Nixon warned, pointing out that while other countries like China, the US, and the IMF have provided support, India was the first to extend a crucial lifeline to the island, with over $4 billion in assistance.

Sri Lanka votes labourer’s son to presidency, chooses to revive democracy – just like India did

September 23rd, 2024

Mick Moore Courtesy Scroll.in

The victory of Anura Kumara Dissanayake and electoral loss of families that governed the country for a century is a hopeful sign.

Sri Lanka votes labourer’s son to presidency, chooses to revive democracy – just like India did
Anura Kumara Dissanayake @anuradisanayake/X

Following Donald Trump’s victory in the 2016 American presidential elections, these and many similar ideas about democracy under threat” have dominated public and private conversations among democrats globally. There is a real basis for these concerns. The 2024 Democracy Report from the V-Dem Institute in Sweden tells us that on average the world has moved steadily in a more autocratic direction since 2009.

But the movement is not all one way. Over that same time period, voters in some of the world’s oldest and most established democracies have clawed back power from leaders with predatory political ambitions who had abused their elected positions. The panicked image of witless voters being driven through sophisticated online manipulation by fake news, manufactured anger and artificial polarisation is to some extent real and is certainly worrying. But other voters who have become aware of the dangers of populism and online political activism are making much better voting choices.

Trump’s defeat by pragmatic Joe Biden in 2020 was the first step. Then in 2022 competent, serious Lula de Silva just managed to reclaim the presidency from Jair Bolsonaro, Brazil’s own rather incompetent Trump lookalike. In 2024, the anti-populist trend has accelerated. In June, despite poll predictions, India’s voters deprived the Bharatiya Janata Party of a parliamentary majority that it would have continued to abuse grossly.

On July 4 in the UK, the venerable Conservative Party, that had become mired in populism, political instability and policy incompetence, suffered its worst ever defeat. The new Labour government is serious about policy, policymaking and the long term. That government, a large Liberal Democrat contingent in parliament and two new Green MPs, are the outcome of an unprecedented degree of intelligent tactical voting at the electorate level.

On July 7, French voters failed to live up to the expectation that they would allow the right wing populist and racist National Rally (formerly National Front) to form a government. The new National Assembly is split between three large blocs. While that makes it difficult to form a stable government, there is a very positive dimension. After decades of rule by powerful executive presidents, power has shifted back to the Assembly.

And now, Sri Lanka has joined the ranks of those old democracies in which voters have reacted to episodes of dysfunctional populist, authoritarian or unconstitutional rule by reclaiming power and rejuvenating democracy.

First and most obviously the election process itself was impressive. It was the least violent ever. The Election Commissioner exercised authority. The count was efficient and, as far as we know, 100% clean. There was no serious talk or expectation that the result would be challenged in any unconstitutional way. The losers conceded early and graciously.

Behind that, many aspects of the voting pattern are very positive. Turnout was a high 75% in total and not much below that in the Tamil-speaking areas of the North and East that have in varying degrees been underrepresented in national elections for the past three decades. Their voters largely have been re-integrated into the national political party system. The common Tamil candidate, Ariyanethiran Pakkiyaselvam, won only six polling divisions all in and around Jaffna.

In the vast majority of polling divisions in the North and East where Tamil speakers and/or Muslims are in the majority, the main competition was between two national, Sinhalese leaders – Sajith Premadasa and Ranil Wickremesinghe. For decades, the group of islands off Jaffna that form the Kayts polling division have been dominated politically and economically by the paramilitary Eelam People’s Democratic Party. Its leader, Douglas Devananda, has always struck deals with the military and whoever was in power in Colombo. He has a history of manufacturing the right election results for Kayts at least. This time he failed. He obtained only 32% of the votes for his patron, ex-President Wickremesinghe.

The really big losers from this election are the elite families that have governed the country almost continuously since 1931, almost a century ago. There are three broad family groupings: the Senanayake-Wijewardene-Wickremesinghe-Jayewardenes (in power for 45 years), the Bandaranaikes (27 years) and the Rajapaksas (15 years). The Bandaranaikes dropped out of the game a few years ago. Ex-President Chandrika Bandaranaike Kumaratunga could not even manage the competing fragments of her once mighty Sri Lanka Freedom Party and declared her neutrality in this election. Ranil Wickremesinghe, who was comprehensively beaten in this election, is anyway the last heir to the Senanayake-Wijewardene-Wickremesinghe-Jayewardene inheritance.

The most satisfying single aspect of the result was the near disappearance of the Rajapaksa voting bloc. That was regionally powerful in the deep south from the 1950s and nationally dominant nearly continuously from 2005 until 2022.

The Rajapaksa’s Sri Lanka Podujana Peramuna easily won the 2019 presidential election for Gotabaya Rajapaksa. This time the heir apparent, Namal Rajapaksa, obtained 2.5% of the national vote and only 6% in Hambantota district, that not long ago was almost a family political fiefdom. Much of the rural Sinhala vote of the former Sri Lanka Podujana Peramuna (and before that the Sri Lanka Freedom Party) has been gobbled up by the victorious National People’s Power. Its leader, new President Anura Dissanayake, is the son of an agricultural labourer from the small town of Thambuttegama way out in the dry zone far from Colombo.

The Rajapaksas are not solely responsible for the extended period of de-democratisation in the country between the mid 1970s and 2022. But they oversaw the most corruption and the most vicious state terror. Gotabaya Rajapaksa, in power for less than three years from late 2019 because his brother Mahinda had used up his quota of presidential time, was the least competent head of government the country has ever endured.

If Sri Lanka owes the Rajapaksas any thanks, it is because their combination of repression, corruption and incompetence generated economic crisis in early 2022 and then the popular uprising (aragalaya) that forced Gotabaya Rajapaksa to resign in July. This latest election result is very much a product of the aragalaya, especially the popular awareness of the costs of elite corruption.

The parliamentary elections will come next. My fingers are crossed for a parliament and a government that is nothing like as monotonously Sinhalese and male as the leadership of the Janatha Vimukthi Peramuna, the dominant component of the National People’s Power alliance. If we do end up with a parliament and a government that is more representative of the nation, Sri Lanka will may reclaim the reputation it enjoyed in the 1950s and 1960s as one of the poorer world’s most impressive democracies.

This article was first published on Groundviews,

China to deepen BRI bond with Sri Lanka under new leader: Xi

September 23rd, 2024

Courtesy Kuwait Times

BEIJING: Chinese President Xi Jinping on Monday said he hoped to broaden cooperation with Sri Lanka under his Belt and Road infrastructure initiative (BRI) as he congratulated the island nation’s new leader Anura Kumara Dissanayaka. Dissanayaka, a self-avowed Marxist, took his oath at the Presidential Secretariat in Colombo on Monday, vowing to restore public faith in politics.

The country is emerging from a years-long economic collapse blamed partly on struggling high-debt Chinese mega-projects coordinated through the BRI, the massive infrastructure project that is a central pillar of Xi’s bid to expand his country’s clout overseas. I attach great importance to the development of China-Sri Lanka relations and am willing to work with Mr. President to continue our traditional friendship (and) enhance mutual political trust,” Xi said in a message to Dissanayaka, according to state broadcaster CCTV.

Xi said he hoped bilateral cooperation under his flagship BRI would bear more fruit”, CCTV added.

He said Beijing would promote the steady progress of sincere mutual assistance between China and Sri Lanka as well as our age-old strategic cooperative partnership, and create more benefits for the peoples of both countries”. Western critics accuse China of using the BRI to enmesh developing nations in unsustainable debt to exert diplomatic leverage over them or even seize their assets.

But a chorus of leaders — as well as research by leading global think tanks like London’s Chatham House — have refuted the debt trap” theory. In December 2017, unable to repay a huge Chinese loan, Sri Lanka handed its Hambantota port in the south of the island to a Beijing company on a 99-year lease for $1.12 billion.

And the country defaulted on its foreign borrowings in 2022 during a crisis that caused months of food, fuel and medicine shortages. China is the nation’s largest bilateral creditor, its loans accounting for $4.66 billion of the $10.58 billion that Sri Lanka has borrowed from other countries.

Last year, the International Monetary Fund — the international lender of last resort — approved a $2.9 billion bailout loan for Sri Lanka. Beijing also agreed to restructure its loans to the country.

And this month, Sri Lanka secured a deal with international bondholders to finalize a prolonged debt restructuring. — AFP

Hard Road Ahead For Sri Lanka’s President-Elect Anura Kumara Dissanayake – Analysis

September 23rd, 2024

By  Courtesy Eurasiareview

Tall promises have to be delivered and a controversial past has to be reconciled with ground realities    

The result of the Ninth Sri Lankan Presidential election uncannily followed a pattern that had unfolded in other countries in South Asia recently. 

Seemingly strong and well-entrenched leaders suffered humiliation at the hands of weaker opponents.

In June, Indian Prime Minister Narendra Modi failed to achieve the target of 400 plus seats in a House of 543 members, even as the mainstream media blared that he would sweep. His Bharatiya Janata Party (BJP) failed to a get a majority on its own and had to depended on crutches provided by two allies to form a government. 

In August, Bangladesh Prime Minister Sheikh Hasina, an iron lady credited with putting the country on the economic fast track, was ousted and driven out of the country by a university students-led mass movement. Her winning the January 2024 parliamentary elections with a thumping majority was to no avail.    

And now in Sri Lanka, experienced politician and administrator President Ranil Wickremesinghe, was mauled by a political greenhorn, Anura Kumara Dissanayake of the National Peoples’ Power (NPP) in the September 21 Presidential election. 

Anura Kumara Dissanayake won with 42% of the vote, Sajith Premadasa of the Samagi Jana Balawegaya (SJB) came second with 32%. Wickremesighe got only 17.2%. 

Toiling under trying local and global conditions from July 2022 to September 2024, President Wickremesinge had restored normal life in Sri Lanka after it was crippled by an unprecedented shortage of essential commodities in 2022.   

The man-made economic crisis happened when Sri Lanka had barely recovered from the ravages of COVID-19 and also an international economic crisis triggered by the Russo-Ukrainian war. 

Wickremesinghe secured an IMF package of US$ 3 billion with Western and Indian support. He got US$ 4.5 billion from India to keep Sri Lanka afloat. 

And yet, Sri Lankan voters consigned Wickremesinghe to the third position in the Presidential poll. 

Key features  

The 9th., Lankan Presidential election will stand out for the following reasons: 

(1) It is the first Presidential election in Sri Lanka in which no candidate got 50% plus votes necessary to win in the first round. For the first time, the second preference votes were counted to decide the winner.  

(2) It is for the first time that a candidate with little or no administrative experience and from a very small party, has emerged as the single largest vote getter. 

The most experienced candidate was Wickremesinghe who had held Finance and Defence portfolios apart from the Premiership and the Presidency.  Dissanayake, on the other hand, was Agriculture Minister only for a year in a coalition government long ago. He has only had parliamentary experience though he often led the opposition charge against the government. Even Premadasa had  only been Housing Minister.  

Sri Lankan voters defied conventional ideas about voter behaviour. It was thought that people would vote on the basis of loyalty to parties and also as whole families rather than as individuals. It was also thought that voting would be on the basis of the rural-urban divide or class and cultural divides. But the voting pattern this time showed that Dissanayake had support across social, ethnic, regional and religious divides.

Another popular pre-election theory was that economic factors would determine the voting pattern. Because Wickremesinghe had turned the economy round with the help of the IMF bailout and its prescriptions, he would reap a rich harvest of votes. But that was not to be!

On the contrary, non-economic factors proved to be decisive. These were: (1) a yearning for a new face (2) thirst for a total change even if there is no clear idea of the nature of change (3) anger against Wickremesinghe for running the government with the help of MPs belonging the Sri Lanka Podujana Peramuna (SLPP) led by the corrupt” Rajapaksa family.

Wickremesinghe’s plea that he had to seek the help of the SLPP to pass legislation in parliament to save the economy, fell on deaf ears. He lost because he was tainted by his association with the Rajapaksas. The fact that Namal Rajapaksa was one of the 38 candidates contesting against him did not help wash off the taint.

Dissanayake as President

Given the fact Dissanayake was trying to appeal to every section of Sri Lankan society, not just the working class, he toned down his Marxist or radical left wing rhetoric and assured each section that he will not be hostile to them.

Such assurances were given to the corporates who were anxious about his stand on the private sector. He told the Tamils in Jaffna that he would decentralise power to them.

Dissanayake’s nostrum was Change”. But he never defined and indicated a pathway to it. But the inchoate notion of change” was swallowed hook, line and sinker by people of all classes, who were thirsting for change from the old corrupt order and corrupt politicians.” 

Dissanayake had never been in power to become corrupt.

His voters now expect him to hound the corrupt” Rajapaksas and  their coterie, and recover the money they had allegedly stashed away overseas. This is a tall order.  

Dissanayake has promised to revise the IMF’s prescriptions to make it more tolerable for the poor by increasing direct cash transfers, bringing down taxes etc. 

However, experts say that any drastic change in the IMF’s prescriptions or any refusal to abide them, will only result in Sri Lanka’s going back again to the IMF with a begging bowl for the 17 th. time in its history. 

Sri Lanka has not got out of the freebie culture. But the government as no money to give freebies any more. It is not clear as to how Dissanayake hopes to bring relief to people when tax concessions cannot be limitless. 

It is not clear as to what Dissanayake wants to do when he says that the IMF’s prescriptions would be amended to make them more people-sensitive. 

As people have voted him, expecting him to bring them tangible relief, the burden on him to deliver would be very heavy.

Furthermore, the issue of renegotiating the IMF bailout could put strains in Sri Lanka’s relations with the US, India and even China as these back the IMF program. 

India had sent its External Affairs Minister S.Jaishankar and Finance Minister Nirmala Seetharaman to talk to the IMF on Sri Lanka’s behalf. India had formally stood up for Sri Lanka, as did China. Any bid to change the deal will upset the applecart.

Relations with India 

As a Marxist, Dissanayaka has been a natural ally of China but his party, especially its hard core the Janatha Vimukthi Peramuna (JVP), has anti-Indian tinge. 

The JVP’s interest has not been the promotion of China’s interests in Sri Lanka, but whipping up or exploiting anti-Indian feelings among the majority Sinhalese community. 

Dissanayake cut his teeth in agitation politics in 1987 when the JVP was leading street battles in Colombo against the India-Sri Lanka Accord of 1987 and the deployment of the Indian Peace Keeping Force (IPKF) to implement a scheme of power devolution for the minority Tamils.

During his election campaign Dissanayake pointed out that the Sri Lankan market is flooded with Indian goods and that this must be stopped. He also said that the grant of the 99 giant oil tanks in Trincomalee to India should be annulled and that global tenders have to be floated for their development and use. 

He has said that the projects that were given to the Adanis need to be reviewed as these were not based on international tenders.

However, when talking to Indian media, Dissanayake promised that his government would not do anything that endangers India’s security and that he recognized the importance of India in the region.

It will be a challenge for the hard core Marxist, Sinhala nationalist and anti-Indian Dissanayake to keep all interests happy whether in Sri Lanka or outside.  

Sri Lanka presidential election declared peaceful, but voter education lacking on Preferential Voting System 

September 23rd, 2024

https://thecommonwealth.org/

Commonwealth Observers Group Sri Lanka 2024

The 2024 Sri Lankan presidential election, held on September 21, has been deemed peaceful by the Commonwealth Observer Group, but it noted that some voters and polling staff did not appear to fully understand the preferential system of voting.  

The preferential voting system allows voters to rank candidates in order of preference. In Sri Lanka’s case, voters could mark up to three preferences on their ballot paper. 

The Group recommended that more needs to be done to build the electorate’s knowledge and understanding of the preferential voting system, throughout the electoral cycle. 

The Commonwealth Observer Group, led by former president of Seychelles, HE Danny Faure, issued its preliminary assessment in Colombo at a press conference. Addressing journalists, he commended the Election Commission of Sri Lanka for introducing key reforms, such as campaign finance legislation, tactile frames for visually impaired voters and sign language at polling stations.  

The statement praised the polling procedures saying:  

The pre-poll and opening procedures were meticulously followed at the stations observed. Polling stations opened on time and there were few queues at the start of the poll. 

Voting proceeded in a peaceful and orderly atmosphere. We observed that some polling stations had separate queues for men and women.  Most polling stations were divided into two or more streams, which aided queue management. 

In all polling stations visited, a sample of the ballot paper and relevant instructions were clearly displayed. Signage was also visibly displayed outside some polling stations. 

The polling officials conducted their duties with professionalism, transparency, diligence and dedication.  They were also helpful to voters, especially the elderly and people with disabilities” 

The Group concluded that the election was credible and transparent, and commended the people of Sri Lanka for turning out in large numbers in an orderly manner and hopes that the peaceful environment will continue in the post-election phase.   

The Commonwealth Observer Group will issue a final report which will offer comprehensive analysis and recommendations for further improving Sri Lanka’s future electoral processes.  

Read the full statement

Mismanaging of workers’ trust Lanka Transformers Ltd in the spotlight for transferring funds, shares

September 23rd, 2024

Courtesy The Daily Mirror


From time to time since the inception, LTL incorporated two Trusts for the sole benefit of its employees
Inaction against funds and shares being illegally transferred from this trust to two Companies has led to the filing of an FR Application in Supreme Courts 
These alleged frauds have been brought to the notice of the main share- holder CEB 
The Additional Solicitor General’s position in this regard was that the SC Rules do not allow for perfunctory withdrawal of applications filed 
 


Lanka Transformer Limited Holdings (Pvt) Ltd, a subsidiary of Ceylon Electricity Board has come under criticism for allegedly committing one of the largest financial frauds in the country by transferring its shares and dividends illegally amongst its top management.   
Lanka Transformers Limited (LTL) was incorporated in July 1980 by the Ceylon Electricity Board (CEB) by retaining the majority of the shares with the latter hence, is a state owned company coming under the purview of the Ministry of Power and Renewable Energy. Later on October 31, 2008, LTL got its name changed to LTL Holdings (Pvt) Ltd under Section 8(3)(b) of the Companies Act No: 07 of 2007.   
From time to time since the inception, LTL incorporated two Trusts for the sole benefit of its employees. It is from these two Trusts that funds and shares have been allegedly transferred to two Companies – Paradev (Pvt) Ltd and Teckpro Investment Ltd, although trust property cannot be transferred to a company unless it is stipulated in the Trust Deed.   

Wasantha SamarasingheThis document shows how the shares have been transferred fraudulently

LTL Directors Upali Jayawardena, Ravindra Pitigala and M.J.M.N. Marikkar have also been appointed as Directors to the two Trusts and the other holding companies while Rajiv Cassie Chitty was appointed as their Company Secretary. These fraudulent transfers have been carried out by its Directors/ Trustees in an alleged criminal breach of trust and acting in collusion, depriving the employees who are the sole share-holders of the two Trusts.   
These alleged frauds have been brought to the notice of the main share- holder the CEB and the subject Ministry and every complaint has fallen on deaf ears, although the Attorney General has clearly stated that LTL Holdings is an entity subject to government scrutiny.   
This inaction led Voice Against Corruption Movement headed by Wasantha Samarasinghe of Janatha Vimukthi Peramuna and three others to file an FR Application in Supreme Courts (SC FR 355/19) seeking interim orders to direct the CEB and its Board of Directors and the Ministry Officials including the Minister and Ministry Secretary to remove the three Directors of LTL subsidiaries and holding companies, to direct the CEB to rectify the share registry of LTL subsidiaries and holding companies, to recover the money/ shares entitled for the employees from the three Directors who misappropriated them; to restrain the Company Secretary from functioning his duties, to prevent the said three Directors and other Directors from functioning as the Directors of LTL; to order the CEB to appoint new Board of Directors to the LTL, its subsidiaries and holding companies- Paradev and Teckpro, to issue an interim order restraining the Directors from taking any steps to change the share structure or composition of LTL subsidiaries and holding companies and a restraining order preventing them from withdrawing monies in LTL bank accounts without prior approval, until the final hearing and determination of the application.   
Having sought such a number of interim orders, to the surprise of LTL employees, Wasantha Samarasinghe and the other three Petitioners by an affidavit dated July 5, 2021, sought to withdraw the application as per SC Rules, to which the Additional Solicitor General (ASG) Milinda Gunathileke PC objected.   
In this affidavit, Samarasinghe has stated as, ‘pursuant to the filing of this application, the 20th Amendment to the Constitution was enacted into law and LTL is required to be audited by the Auditor General. We therefore state that the public interest sought to be canvassed and the matters impugned in these proceedings by the Petitioners have been duly and sufficiently addressed and therefore do not wish to pursue this application, and respectfully seek the indulgence to permit the Petitioners to unconditionally withdraw this application’. 

 
Fraudulent share/ dividend transfers


However, the ASG’s position in this regard was that the SC Rules do not allow for perfunctory withdrawal of applications filed and required the court to inquire into the merits of such withdrawal and that the court should not permit the withdrawal of the application on various grounds.   
Gunathileke PC states that the Petitioner has failed to set out any reasons for the withdrawal of the application and is a necessary implication that an application to withdraw must exhibit a valid reason.   
The ASG has further stated, that very serious allegations have been set out in the petition against the respondents because the subject matter involves large amounts of state resources and serious allegations relating to handling such resources and that allowing this application to be withdrawn would have serious implications on public finances. It was further submitted that the withdrawal should not be permitted for the reason that the reason that the present application is filed as a matter of public interest. In addition, the ASG has argued that the application to withdraw should not be allowed on the grounds that the proceedings have reached the stage of litis contestation and the withdrawal could impact parliamentary control over public finance and the role of the Auditor General.   
In this back drop, plans are afoot to challenge the fraudulent share/ dividend transfers for the benefit of the three LTL Directors and their allies by way of a fundamental rights application.   
The following details came to light as per what is reported in the FR Application.   
These three Directors are allegedly accused of being involved in illegal share transferring of LTL subsidiaries and for misappropriating the dividends payable to CEB and LTL employees.   
After the incorporation of LTL in July 1980, on June 27, 1986, the major shareholder -the CEB entered into a joint venture agreement with National Industries A/S – a company incorporated in Norway. In this joint venture, CEB held 70% shares and was issued 30% shares of the total shareholding.   
As per the FR Application, 30% shares held by National Industries A/S, was transferred to a new company -ABB Krafts A/S which too has been incorporated in Norway.   
Subsequently, the Board of Directors at a meeting held on March 30, 2001, decided to issue 1.67 million ordinary shares which is 10% of LTL shares to their employees.   
Hence Lanka Transformers Limited Employees Share Ownership Trust (LTL-ESOT (Trust) was incorporated on July 10, 2001, by a Deed of Trust to enable its employees to acquire and receive benefits from LTL shares. The three Directors- Jayawardena, Pitigala and Cassie Chitty were appointed as Trustees by this Deed of Trust. LTL issued the said 1.67 million ordinary shares amounting to 10% of the shareholding, to the Trustees at a par value of Rs. 10 each to hold in the trust until they are transferred to the participants as stipulated in the Trust Deed. Although all LTL Group employees were entitled for shares they were not issued any. All the shares were transferred to the trust.   
However LTL Board of Directors did not specify the manner of distribution percentage amongst the employees. In the light of this, the Trustees decided that the senior Management would be allotted 50% of the shares of the ESOT (Trust). This resulted in 7 senior managers which included the trustees were to get the benefit of the decision of their own. This was a lavish serving on themselves.   
The Trustees cannot ignore any rule other than what is stipulated in the Deed of Trust. As per the said Deed of Trust, this Trust was for the benefit of all LTL employees- present and future and the shares purchased by this Trust was to be allocated amongst the employees within two years of the creation of the Trust,” sources said.   
Following this, share issue was registered at the Registrar of Companies and the total number of shares issued as at June 8, 2002 of LTL was 16.67 million in total- CEB’s 10.5 million shares (63%), ABB A/S’s 4.5 million shares (27%) and LTL-ESOT (Trust) 1.67 million shares (10%).   
By end 2004, ABB A/S decided to sell its 27% stake. In an attempt to purchase these shares LTL formed Lanka Transformers Group Employees Trust (LTGET). Later the newly formed LTGET was advised by the LTL to incorporate yet another company by the name LTL- ESOT (Limited) for the purpose of channeling money to purchase ABB A/S’s 27% shares.   
In order to raise money for this purchase, LTL applied for a loan from the National Development Bank (NDB). Eventually LTL came forward as a guarantor for the loan and the NDB granted Rs.500 million loan. Questions are raised as to how LTL gave security to another ‘Trust’ under its own wing to purchase its own shares. LTL’s alleged intention was to create a third party to own the 27% shares of ABB A/S and to pay its loan to the NDB by way of LTL dividends.   


Permission not obtained 


Neither LTL obtained permission from the Cabinet nor from the Treasury to be a guarantor for this loan. This is an illegal act and the government could have taken immediate action against this,” sources said.   
As a result, LTL-ESOT (Limited) was formed by issuing seven shares of Rs.10 each to a share capital of Rs.70. These seven shares have been issued to the seven senior employees of LTL to be held in the Trust on behalf of the employees and the Rs.500 million loan was given to them to purchase the 27% stake of ABB A/S which was4.5 million shares.   
Following this share purchase, CEB retained 63% stake while LTL- ESOT (Limited) became the second major shareholder with 4.5 million shares which is 27% and LTL- ESOT (Trust) 10% with 1.67 million shares out of LTL shareholding.   
Thereon, employees of LTL Holdings became beneficiaries of the two Trusts LTL-ESOT (Trust) and LTL-ESOT (Limited) which consist of 10% and 27% shares respectively which is 37% altogether.   


It was at this point the three Directors have been placed in a unique and personally advantageous position of having virtual control of the said cumulated holding of 37% of LTL Holdings shares which was manipulatively used to enrich themselves. It is surprising that not only the CEB, but also the Treasury and the subject Minister maintained a deafening silence on this issue.   
When distributing dividends on August 20, 2015, the three Directors and their close allies obtained massive amounts of money.   
As described in the FR Application, Jayawardena, Pitigala and Marikkar have obtained Rs. 90 million each while their close allies Dammika Nanayakkara was paid Rs. 49.775 million and Sudath Annasiwatte Rs. 33.309 million.   
Having obtained huge amount of money four days before, once again on August 24, 2015, Jayawardena and Marikkar obtained yet another Rs.90 million each and Pitigala Rs. 11.770 million.   
Meanwhile in October 2018, LTL Holdings allegedly has incorporated yet another company by the name Teckpro Investment Ltd. The three accused Directors have then issued 10 million shares of Teckpro Investment Limited for a noncash consideration of Rs.7,067 million amongst themselves and 120 individuals who are said to be some of the LTL employees. As a result, the interest of a large number of employees have been overlooked.   
Although all LTL employees should have been benefited, majority shares of Teckpro Investment Ltd totaling to 50.04% stake had been issued to the three Directors and their close allies- Jayawardena 2.93 million shares, Pitigala 1.034 million shares and Marikkar 1.078 million shares. This in a shocking turn of event taking over the total control of LTL shareholding.   
In October 2017, share ownership of 1.67 million shares of LTL Holdings held by these three Directors were removed from the share register and was replaced with Teckpro Investment Ltd, holding the identical number of shares whereby the shares allocated to the employees under the Trust Deed dated July 10, 2001 had been omitted from the said share allotment.   
On December 4, 2018, Teckpro Investment Ltd has once again issued 523,485 ordinary shares out of which an unusually higher number of shares have been issued to these three Directors.   


LTL- ESOT (Limited) holds 4.5 million shares (27%) of LTL Holdings and its name was then changed to Paradev (Pvt) Ltd.   
Out of this 27% stake owned by newly incorporated Paradev (Pvt) Ltd, Jayawardena, Marikkar, Pitigala, Annasiwatta and Nanayakkara has obtained over 70% shares. The beneficiaries were not the LTL employees but Jayawardena 2.9 million shares (33.5%) Marikkar 1.2 million shares (14%), Pitigala 1.1 million shares (13%), Annasiwatta and Nanayakkara combined 1.3 million shares (15%).   
Meanwhile, it came to light how these Trustees have put in place an elaborate fraudulent scheme to terminate the Deed of Trust dated July 10, 2001 by allocating the shares among some of the employees of LTL Holdings in an arbitrary manner with majority allotted to three of them and their allies in complete breach of Trust with fraudulent intentions.   
These three have annexed a purported Trust Deed dated March 31, 2010, to the petition filed in Commercial High Court (CHC) 48/2018, seeking to amend the earlier Trust Deed.   
Requests were made to remove the requirement of allocating shares to participants, to permit the Board of Directors of LTL Holdings to terminate the Trust at their discretion and to transfer the Trust property of LTL Holdings to participants in a manner decided by the Board.   
After the issuance of the fraudulent Trust Deed, the Chief Operating Officer (COO) of LTL Holdings by an undated letter to one of the Petitioners in 2016, have specifically stated that all shares have to be kept in a Trust and shall not be divulged to any of the employees. The COO has further stated that none of the shares has been transferred to any of the employees.   
Meanwhile the three Trustees who are also the Directors of Paradev (Pvt) Ltd have filed a purported application to the Commercial High Court (CHC 48/17) to acquire CEB’s shares in LTL Holdings in terms of Section 256 of the Companies Act.   
The three Trustees have misled claiming that they obtained Cabinet Approval to dilute the shares of LTL Holdings and accordingly sought to restructure the shareholding of LTL Holdings in order to make CEB holding a minority and Paradev majority.   
At this point several former employees of LTL Holdings intervened in the said case and brought to the notice of the CHC the frauds committed by the three Trustees.   
Consequently, the case was withdrawn by Paradev who was the Petitioner and the case was dismissed.   
Since the CEB had more than 50% shares of LTL Holdings, the latter is liable to be audited by the Auditor General (AG) and subject to the overall supervision of the Parliament including the COPE.   


Apart from the said financial frauds, as stated in the FR Application, the three Trustees and their allies have fraudulently withdrawn money from LTL Holdings or its subsidiaries bank account at Commercial Bank A/c 1500005578.   
From this account, on four occasions Rs. 24 million, Rs 25 million, Rs. 31 million and Rs. 28.333 million have been transferred to Marikkar’s account. 
Meanwhile, Rs. 5 Million has been transferred to Pitigala’s account and Rs. 3 Billion has been transferred to an account bearing number 1500046704.   
Meanwhile, a sum of Rs.371.136 million which was in the HNB A/c 076010095211 belongs to the LTL ESOT (Trust) has been fraudulently withdrawn.   
As per the FR Application, neither the three Trustees nor others have infused any capital in LTL subsidiaries or holding companies- Paradev and Teckpro and has no ownership whatsoever to obtain dividends amounting to billions of rupees.   
It is believed that the subject issue is a part of a larger web of corruption and fraudulent transactions involved by the three Trustees.   
The three Trustees have committed anyone or more of the following serious criminal offenses- criminal misappropriation of public funds, criminal breach of trust, cheating and money Laundering.   
Although dividends due to the CEB and the LTL Holdings employees have been misappropriated, the Chairman and Board of Directors of CEB have so far failed to remove the three Directors of LTL Holdings and its subsidiaries and to rectify the said illegal share transfers.   
All attempts to contact Wasantha Samarasinghe to find out the reason for him to withdraw the SCFR Application failed as there was no response from him. Although a text message was sent seeking a comment but there was no response until the paper went for publication.   
All attempts taken to speak to LTL Holdings Chairman Upali Jayawardena and Directors Ravindra Pitigala and M.J.M.N. Marikkar failed. After a message was left, Manager Planning and Corporate Affairs LTL, Ashani Muthumala contacted this newspaper and promised to convey the message to the three officials. But however, until the paper went for publication, none of them contacted the paper.   

ජනපති අනුර කාදිනල් හිමිවත් හමුවෙයි | ජනපතිවත් තියාගෙනම කාදිනල් හිමි මාධ්‍යයට කතාකරයි…

September 23rd, 2024

New Defence Secretary appointed

September 23rd, 2024

Courtesy Adaderana

Air Vice Marshal (Retired) Sampath Thuyacontha has been appointed as the new Secretary of Defence.

Thuyacontha joined the Sri Lanka Air Force on 17th of May 1988 to the 19th Intake as an Officer Cadet and was commissioned as a Pilot Officer in the General Duties Pilot Branch in the year 1990. 

After completion of training in the year 1990 he was deployed for flying duties as an operational pilot in Bell 212/412 helicopters. In 2001, he was posted to No 9 Attack Helicopter Squadron, Sri Lanka Air Force Base Hingurakgoda as the Second in Command and later was appointed as the Commanding Officer in the year 2005. 

During his long tenure, he actively participated for all major operations which includes Humantarian War to liberate North and East and he managed to log more than 7000 flying hours as an Operations/ VIP and Attack Helicopter Pilot of Sri Lanka Air Force.
 
Air Vice Marshal Thuyacontha also served as the Defense Adviser to the High Commission of Sri Lanka in Islamabad, Pakistan for a period of two years and as the Chief Instructor of the Defence Services Command and Staff Collage in the year 2014.

For his individual acts of gallantry and bravery in the face of the enemy during the Humanitarian Operations he was decorated with Weera Wickrama Vibhushanaya” (WWV), Rana Wickrama Padakkama” (RWP) and Rana Sura Padakkama” (RSP) on several occasions.

Ravi Seneviratne appointed Secretary of Public Security

September 23rd, 2024

Courtesy Adaderana

The newly-elected President Anura Kumara Dissanayake has appointed former Senior Deputy Inspector General (DIG) Ravi Seneviratne as the Secretary to the Ministry of Public Security.

Seneviratne had previously served as the Senior DIG in charge of the Criminal Investigation Department (CID).

Former Sri Lankan President Gotabaya arrives in Kathmandu – report

September 23rd, 2024

Courtesy Adaderana

Former president of Sri Lanka Gotabaya Rajapaksa has landed at the Tribhuvan International Airport in Kathmandu, Nepal via Sri Lankan Airlines on Monday.

A source within the embassy stated that he has plans to visit different Buddhist sites and is also scheduled to visit Bharatpur.

It is reported that Rajapaksa is believed to have close ties with the Chaudhary Group, which has investments in various sectors in Sri Lanka and has been inviting him to visit Nepal. This trip is more personal and family-oriented rather than political.

Rajapaksa will be staying at Hotel Vivanta in Jhamsikhel today.

Following a massive uprising in Sri Lanka, Rajapaksa had to flee the country two years ago. He later returned to Sri Lanka.

In Sri Lanka, the newly elected President Anura Kumara Dissanayake, who is Marxist-leaning, was sworn in today.


Source: myRepublica
–Agencies

ලංකා වාණිජ මණ්ඩලයෙන් නව ජනපතිට යොමුකළ ලිපිය (වීඩියෝ)

September 23rd, 2024

Courtesy Hiru News

ජනාධිපති අනුර කුමාර දිසානායකගේ ප්‍රතිපත්ති ප්‍රකාශයට සහ ලංකා වාණිජ මණ්ඩලයේ ප්‍රතිපත්ති ප්‍රකාශයට අනුකූලව ආර්ථිකයේ ක්ෂේත්‍ර 10ක් සඳහා ප්‍රමුඛත්වය ලබා දෙන ලෙස ලංකා වාණිජ මණ්ඩලය පවසනවා.

ලිපියක් යොමුකරමින් ලංකා වාණිජ මණ්ඩලය පවසන්නේ නව ජනාධිපතිවරයාගේ පළමු මාස ​හයක කාලය තුළ එම කරුණු විසඳිමට කටයුතු කරන ලෙසයි.

ශ්‍රී ලංකාවේ 9 වැනි විධායක ජනාධිපතිවරයා වශයෙන් පත්වූ අනුර කුමාර දිසානායක මහතාගේ ප්‍රතිපත්ති ප්‍රකාශයට සහ ලංකා වානිජ මණ්ඩලයේ Vision 2030 ප්‍රතිපත්ති ප්‍රකාශයට අනුකූලව, ධුර කාලයේ පළමු මාස ​​හය තුළ ආර්ථිකයේ ක්ෂේත්‍ර 10ක් සඳහා ප්‍රමුඛත්වය ලබා දෙන ලෙස ලංකා වාණිජ මණ්ඩලය ජනාධිපතිවරයාට නිර්දේශ කර තිබෙනවා.

මෑතකදී වාණිජ ණය හිමියන් විසින් නිකුත් කරනු ලැබූ නිවේදනය මත පදනම්ව, බාහිර ණය ප්‍රතිව්‍යුහගතකරණය සම්පුර්ණ කිරීම, සාර්ථක තුන්වැනි සමාලෝචනයක් සහ සිව්වැනි වාරිකය ලබා ගැනීමේ අරමුණින් ජාත්‍යන්තර මුල්‍ය අරමුදලේ විස්තීර්ණ ණය වැඩසටහන සමග ඉදිරියට යාම වාණිජ මණ්ඩලයේ පළමු ඉල්ලීමයි.

වත්මන් බදු ගෙවන්නාට බරක් නොවන සේ, ප්‍රතිපත්ති ප්‍රකාශයේ දක්වා ඇති පරිදි රාජ්‍ය වියදම්වල අපේක්ෂිත වෙනස්කම් සහ විශ්වසනීය ආදායම් යෝජනා ක්‍රියාත්මක කිරීම, RAMIS සහ SVAT වැනි ආදායම් එකතු කිරීම් සම්බන්ධ කරුණු යළි සමාලෝචනය කිරීම දෙවැනි යෝජනාව ලෙසින් වාණිජ මණ්ඩලය නව ජනාධිපතිවරයාට යෝජනා කර තිබෙනවා.

On Arrival Visa ගැටලුව වහාම විසඳීම, ඩිජිටල් පොදු යටිතල පහසුකම් සහ ඩිජිටල් හැඳුනුම්පත ක්‍රියාත්මක කිරීම, ජාතික තනි දොර වෙළෙඳ කවුළුව (National Single Window for Trade) ක්‍රියාත්මක කිරීමට කැපවී ඒ තුළින් ජාත්‍යන්තර වෙළෙඳාමට මෙන්ම ජනතාවට ප්‍රතිලාභ සලසා දීම, ප්‍රතිසංස්කරණ සඳහා අවශ්‍ය අවකාශය නිර්මාණය කරදීම වෙනුවෙන් “ජාතික ක්‍රියාත්මක කිරීමේ අධීක්ෂණ කමිටුවක්” පිහිටුවීම.

ආර්ථික පරිවර්තන පනත, රාජ්‍ය ණය කළමනාකරණ පනත, රාජ්‍ය මූල්‍ය කළමනාකරණය සහ ශ්‍රී ලංකා විදුලිබල පනතට අදාළ නීති ක්‍රියාත්මක කිරීම, පෞද්ගලික අංශයේ ක්‍රියාකාරීත්වයට අහිතකර ලෙස බලපෑ හැකි තාවකාලික ගැසට් හෝ චක්‍රලේඛ ක්‍රියාත්මක කිරීමෙන් වැළැකීම සහ කළයුතු වෙනස්කම් පිළිබඳව පෞද්ගලික අංශය සහ අදාළ පාර්ශවකරුවන් සමග සාකච්ඡා කිරීම ජාත්‍යන්තර මුල්‍ය අරමුදලේ පාලන විනිශ්චය තක්සේරුව (Governance Diagnostic Assessment) මත පදනම්ව සකස් කරන ලද රාජ්‍ය ක්‍රියාකාරී සැලැස්ම අනුගමනය කිරීම සහ චීනය, ඉන්දියාව සහ ඉන්දුනීසියාව සමග වෙළෙඳ ගිවිසුම් සාකච්ඡා යළි ආරම්භ කිරීම යන කරුණු ලංකා වාණිජ මණ්ඩලය නව ජනාධිපතිවරයා වෙත යොමු කළ ඉල්ලීම් ලිපියේ සඳහන්

Sri Lanka’s dollar bonds and stocks slide after election – Bloomberg

September 23rd, 2024

Courtesy Hiru News

Sri Lanka’s dollar bonds and stocks have dropped following the election of leftist candidate Anura Kumara Dissanayake as President, sparking concerns about the future of the nation’s bailout by the International Monetary Fund (IMF) and ongoing debt deals according to a report from Bloomberg.

Bonds set to mature in March 2029 fell by 3.1 cents to 50.2 cents on the dollar, marking the largest decline in about two years. The S&P Sri Lanka 20 Index of blue-chip stocks also slid by 2% in early trading, though the rupee remained steady.

Dissanayake has pledged to renegotiate the $3 billion IMF bailout, which includes unpopular spending cuts and tax increases. Sri Lanka’s 2029 dollar bonds have experienced a nearly 15% drop this quarter, a sharp contrast to last year when they delivered a return of nearly 70%, one of the strongest performances in emerging markets.

Analysts have expressed concerns over whether Dissanayake’s administration will maintain the agreement reached with creditors or push them back to the negotiating table. However, Dilshan Wirasekara, chairman of the Colombo Stock Exchange, expressed confidence that the new president will broadly adhere to the IMF program, with only a few debt restructuring parameters likely to be renegotiated.

Sri Lanka recently reached a preliminary agreement with bondholders to restructure $12.6 billion in debt. While some members of Dissanayake’s National People’s Power coalition had opposed the terms of the restructuring, the markets have largely factored in the election results.

Source Bloomberg and Foreign Agency reports

Kanchana Wijesekara leaves Ministry of Power & Energy says adequate stocks in place

September 23rd, 2024

Courtesy Hiru News

Former Minister of Power Energy, Kanchana Wijesekara, announced that he has officially left the ministry and returned all state vehicles and office facilities. In a statement shared yesterday, he highlighted the improved financial health of the ministry and the institutions under his purview, noting that they now have adequate stocks of petroleum products and coal for power generation and fuel supply.

According to Wijesekara, all institutions now have positive balance sheets, are recovering costs, making timely payments to suppliers, servicing debt, and contributing additional revenue to the treasury. He extended his thanks to President Ranil Wickremesinghe, colleagues, officials, and other stakeholders for their support over the past two years.

Reflecting on the severe challenges in 2022, which included power cuts of 4 to 13 hours and shortages of fuel and coal, Wijesekara emphasized that he is leaving behind a stronger, well-stocked, and financially stable sector ensuring uninterrupted power generation and fuel supply.

The minister left this message on Twitter: I returned the state vehicles and my office yesterday and leave the Ministry of Power Energy and the Institutes under my purview in stronger financial positions and with adequate stocks of petroleum products and coal for power generation and fuel supply.

All the institutes are now on positive balance sheets, recovering costs for its services, making payments on time for suppliers, servicing outstanding debt and providing supporting the treasury with the additional revenue it’s generating.

I wish to thank the President “RW_SRILANKA”, colleagues, my family, friends, officials “staff of the Ministry ” Institutes, diplomatic missions, development agencies, various government private stakeholders and everyone who assisted during the last two years.

From 4-13 hour power cuts, no fuel situation, no coal, no petroleum products, no suppliers, no cash, limited hydro capacity’s in 2022, I leave with adequate stocks of coal, petroleum products, hydro capacity and financially stronger institutes for an uninterrupted supply of fuel and power generation.

Over 21% registered voters didn’t vote in presidential election – EC

September 23rd, 2024

Courtesy Adaderana

The Commissioner General of Elections Saman Sri Ratnayake states that over 3.5 million citizens who are eligible to vote, have not casted their votes during 2024 Presidential Election.

Speaking during Ada Derana’s current affairs programme Big Focus” on Monday (23), Ratnayake said that the figure is 21.54% of the population that are eligible to cast their vote.

Furthermore, he clarified that out of 17,140,354 registered voters, a total of 13,619,916 have cast their votes in the Presidential Election which is 79.46%, while 3,520,438 (21.54%) did not vote.

Meanwhile, approximately 300,300 (2.2%) votes were rejected, according to the Elections Commissioner General.

Commenting further, Ratnayake said: Usually in presidential elections, the percentage of votes cast is more than 80%. But this time, a fewwer number of votes have been used. For this, we have to think not only from the side of the commission, but the political parties have the role of bringing the people to the polling stations in order to cast votes. We provide that necessary facility. We request the political parties to prepare some sort of program for that.”

ජනපති අනුර මහානායක හිමිවරු බැහැදකී | ජනපතිට මහානායක හිමිවරු මාර කතා කියන්නේ | ජනපතිගෙන් මරු කතාවක්

September 23rd, 2024

High government positions appointed by the President

September 23rd, 2024

අනුර කුමාර දිසානායක නව ජනපති‌ ලෙස දිවුරුම් දෙයි.

September 23rd, 2024

නව ජනපති දිවුරුම් දුන්න ගමන්ම ගියපු ගමන 

September 23rd, 2024

නුවරට ගොස් ආශිර්වාද ගත් ජනපති

September 23rd, 2024

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