Connect with us

News

Debt-restructuring: Former BASL Chief considers Prez comments veiled threat to judiciary

Published

on

Saliya Pieris

Former President of the Bar Association (BASL) Saliya Pieris, PC, yesterday (07), said the legal profession should take a strong stand on President Ranil Wickremesinghe’s continuing intervention in judicial matters. He stressed that they couldn’t turn a blind eye to presidential interventions.

Pieris made the following statement to The Island regarding President Wickremesinghe’s controversial comments at the Coconut Growers’ Association 29th AGM on 04 August: “The President’s speech, where he referred to the courts saying ‘that the government will not heed orders or advice from any other party, except Parliament, with regard to debt optimization measures, as a veiled warning to the judiciary and as an attempt to interfere with the judicial process.

“The President’s remarks are made at a time when there are cases in court challenging the Debt Restructuring programme and its impact on the EPF.

“What other institution can order the Government, except the Courts?

“Any effort to undermine the independence and integrity of the judiciary, by the Executive ,on any pretext, should not be allowed. The legal profession should take a strong position on this matter.”

The lawyers representing Jathika Jana Balawegaya (JJB) over the weekend strongly criticised the President’s comments. (SF)



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Free 14 day visa extension for visitors unable to depart Sri Lanka

Published

on

By

The Department of Immigration and Emmigration has decided effective from 28th February 2026,  to grant a free fourteen  (14) day visa extension to all tourists who are unable to leave Sri Lanka  due to flight cancellations.

Continue Reading

News

Maldives Coast Guard Ship Huravee arrives in Colombo

Published

on

By

The Maldives Coast Guard Ship Huravee arrived at the Port of Colombo for replenishment purposes on 02 Mar 26. The visiting ship was welcomed by the Sri Lanka Navy (SLN) in compliance with time-honoured naval traditions.

The ship is a 48.9m long Offshore Patrol Vessel which is commanded by Lieutenant Colonel Ahmed Nafiu Mohamed.

Meanwhile, the ship’s crew is scheduled to visit several tourist attractions in the city of Colombo, during their stay in the island.

Continue Reading

News

AKD warns of far reaching economic consequences of Middle East war

Published

on

Anura

President Anura Kumara Dissanayake yesterday called for an immediate and peaceful resolution of the escalating Middle East conflict, warning that the crisis could have far-reaching repercussions on the global economy, including Sri Lanka.

Addressing Parliament, the President stressed that no military conflict benefited humanity, particularly at a time when destructive military technologies were rapidly advancing.

“Any military conflict does not create a favourable situation for any group of people,” he said, urging all parties to make urgent commitments towards peace. “As Sri Lanka, our position is that all parties involved in this war must, as soon as possible, take steps toward a peaceful world.”

He cautioned that Sri Lanka could not remain insulated from the fallout from the conflict, noting that disruptions to global oil and gas supplies, threats to migrant workers in the Middle East, and potential shocks to tourism, remittances, shipping and aviation were real concerns.

A national programme was being formulated to mitigate the impact, he said, adding that its success would hinge on broader international efforts to restore stability, the President said.

Acknowledging public anxiety shaped by past economic hardships, President Dissanayake said social stability could not be ensured through rhetoric alone but required tangible guarantees that citizens would not face another crisis.

While noting that the government had successfully navigated multiple challenges since assuming office, he described the Middle East situation as distinct due to the uncertainty surrounding its duration and outcome.

The government, he said, was closely monitoring developments. The Central Bank had conducted a review with a report on the likely economic impact expected shortly. The Ministry of Finance is also preparing an assessment of the potential effects on public life, alongside measures to ensure the uninterrupted provision of essential services locally and for Sri Lankans overseas.

“The primary responsibility for finding a path out of the crisis rests with the Government,” he said, calling on Parliament and the public to collectively confront the challenge under a unified national plan.

Providing a detailed account of the country’s energy reserves, the President said storage capacity rather than supply remained the key constraint. Excluding the Indian Oil Corporation tanks in Trincomalee, total storage capacity at Kolonnawa and Muthurajawela stands at approximately 150,000 metric tons.

Diesel stocks were currently sufficient for 33 days, with refining contributing around 1,800 metric tons daily. Petrol reserves will last 27 days, with a 35,000 metric ton shipment due on March 7 or 8 expected to extend availability to around 40 days.

Aviation fuel stocks are adequate for 49 days, supported by both daily refining and imports. Scheduled shipments include vessels from RM Parks on March 14, Sinopec on March 17, IOC on March 21 and the Ceylon Petroleum Corporation on March 28.

Crude oil supplies were sufficient to operate the refinery for 26 days, with an additional shipment expected to extend operations by a further 18 days, the President said.

“Because of this, there is no crisis regarding oil,” the President assured Parliament.

Continue Reading

Trending