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Lawyer slams SLPP for backing Ranil’s ‘destructive economic agenda’

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Kalyananda Thiranagama

… explains how Parliament enacted harmful laws

By Shamindra Ferdinando

Veteran lawyer Kalyananda Thiranagama said that the ruling Sri Lanka Podujana Peremuna (SLPP) should be held responsible for backing President Ranil Wickremesinghe’s economic strategy meant to privatise the remaining state enterprises.

Addressing a public gathering in Colombo, the liberal civil society activist emphasised that the SLPP couldn’t absolve itself of the crime perpetrated by the Wickremesinghe-Rajapaksa government in the form of an economic strategy that would deprive the people of their rights.

Thiranagama, who does not fear to call a spade a spade, declared that UNP leader Wickremesinghe was now implementing the third phase of his despicable project, having already privatised some state enterprises during his tenure as the Industries Minister in the late President Ranasinghe Premadasa’s administration and during the 2002-2003 period when he served as Prime Minister of the UNP-led UNF government.

Now, the SLPP was backing Wickremesinghe’s last phase of that project to sell what is left of the family silver, Thiranagama said, adding that the SLPP voted for the 2024 Budget meant to authorise the President to go ahead.

The Third Reading of the Appropriation Bill (Budget) for the financial year 2024 was passed in Parliament last Wednesday (13) by a majority of 41 votes, where 122 votes were cast in favour of the Budget and 81 votes were cast against. One MP abstained from casting the vote.

Thiranagama reminded the SLPP that it authorised an increase of Value-Added Tax (VAT) from 15% to 18% for products and services while imposing the same on nearly 100 items that weren’t subjected to VAT previously. Declaring the current overall Wickremesinghe-Rajapaksa economic strategy was nothing but a national crime, Thiranagama warned the consequences would be unbearable and irreversible.

The outspoken lawyer urged right thinking people to shed whatever their differences to pave the way for a campaign against the government project. Thiranagama stressed that the government strategy should be opposed and reversed at any cost.

Thiranagama said that the imposition of VAT in a way that is extremely harmful to the people should be condemned taking into consideration some goods were subjected to VAT on more than one occasion, causing a cascading effect. The lawyer declared that all those who protected the incumbent government were traitors.

At the onset of his explosive speech, lawyer Thiranagama emphasized that the Nov 14 Supreme Court ruling in respect of fundamental rights cases against the economic ruination of the country warned politicians and officials regardless of their standing in the society.

That ruling paved the way for the public to move court against politicians and officials in the future, the lawyer said, while questioning the Opposition demand to deprive those found guilty of their civic rights.

Pointing out that pertaining to fundamental rights applications the SC based its ruling on the period Nov 2019-early 2022, Thiranagama explained how the then President Gotabaya Rajapaksa’s administration deprived the government of much needed revenue by either abolishing or reducing a range of taxes. That caused loss of billions of Rupees in tax revenue, the lawyer said. The situation took a turn for the worse when the government decided against seeking IMF intervention, Thiranagama said. Therefore, the SC dealt with reduction and abolition of taxes that led to the weakening of the economy and the failure on the part of the then government to seek an IMF bailout package, he said.

Thiranagama said that there was no basis for claims that the SC, in its Nov 14 ruling, dealt with corruption.

Commenting on the overall economic situation, Thiranagama said that the Yahapalana government, during Wickremesinghe’s tenure as the Prime Minister, enacted Foreign Exchange Act No 12 of 2017 that paved the way for unscrupulous exporters to conveniently refrain from bringing back export proceeds to the country. That law abolished the time-tested Exchange Control Act of 153, Thiranagama said, urging all those concerned to examine the consequences of Foreign Exchange Act No 12 of 2017 and Active Liability Management Act No 08 of 2018.

The so-called Active Liability Management Act No 08 of 2018 was essentially meant to raise loans for the purpose of management of the public debt, Thiranagama said, drawing public attention to how political parties maneuvered Parliament to enact laws immensely harmful to the country.

Commenting on Sri Lanka securing an unbearable amount of ISB’s (International Sovereign Bonds), Thiranagama said that the Active Liability Management Act No 08 of 2018 facilitated that operation during the UNP led Government of 2015 to 2019. The lawyer pointed out that of the total amount of ISBs, USD 12.5 bn were taken during the Yahapalana administration and was one of the primary causes for the current crisis.

Alleging that there hadn’t been at least proper examination of these laws that harmed the country, Thiranagama recalled how it transpired before the Parliamentary Select Committee (PSC) probing April 2019 Easter Sunday carnage that the Central Bank couldn’t inquire into massive amounts of funds received by various parties from suspicious overseas sources.

Thiranagama discussed how the country’s supreme institution, the Parliament, played a destructive role in a political agenda through the enactment of harmful laws. The lawyer also dealt with the ongoing move to privatize the CEB in line with overall government strategy.

Reference was also made to the reversal of the privatization of Sri Lanka Insurance Corporation (SLIC) as well as Lanka Marine Service (LMS) during Chandrika Bandaranaike Kumaratunga’s tenure as the President. However, the UNP leader was now going all out to achieve what he couldn’t do as the Premier during the 2002-2003 period, Thiranagama alleged.



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On behalf of Lanka,US lawmakers appeal to Secretary of State

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Sri Lanka-America Chamber of Commerce, an organisation established to open and maintain a rapport and working relations with American business and commerce community to bring a closer trade, commerce and investment environment between the two nations, based in the City of Las Vegas in the State of Nevada, has now effectively reached American lawmakers in the US Congress to bring deep awareness of the plight Sri Lanka underwent during the recent devastating cyclone calamity, US based sources said.

The American Legislative Branch has now reached the Chamber, and two of its lawmakers have addressed a joint letter to the US Secretary of State Marco Rubio raising his additional awareness expressing “deep concern and alarm about the catastrophic human consequences of Cyclone Ditwah in Sri Lanka, a disaster that has inflicted tragic loss of life, caused widespread displacement, and left hundreds still missing”.

Commending the US administration’s prompt assistance in pledging US$ 2 million following the disaster, the two lawmakers in their communication to the Secretary reminded the scale of devastation that “demands a more comprehensive humanitarian and recovery response that destroyed homes or submerged, entire villages buried under mud, families separated, and infrastructure crippled”.

While opening awareness among other US lawmakers in Washington, DC, the two Congresspersons, who addressed Secretary of State Rubio were Dina Titus and Sydney Kamlager-Dove.

The two American lawmakers’ reach to Secretary Rubio was in response to the continuous dialogue the Founder-President of the Chamber Sanje Sedera, along with other Chamber Directors, had with many US Congressmen, and particularly with the Dina Titus, who is a ranking member of the US House Foreign Affairs Committee, representing the FA Committee in its sub-committee on South Asia. Titus has an additional role as the Chairperson of the Sri Lanka Caucus in the US House of Representatives, and in late October this year, she engaged with the Board of Director of the Chamber at a ‘working dinner’.

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China donates 85 tonnes of relief supplies to Sri Lanka following Cyclone Ditwah

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Sri Lanka on Monday (08), received a major humanitarian relief consignment from China to support recovery efforts following the devastation caused by Cyclone Ditwah, which swept across the island recently.

A total of 85 tonnes of flood relief material, including life jackets, tents, blankets and sheets, arrived in Colombo on Monday morning and was officially handed over by the Ambassador of China to Sri Lanka Qi Zhenhong.

The consignment was received on behalf of the government of Sri Lanka by the Minister of Ports and Civil Aviation Anura Karunathilake and the Deputy Minister of Defence Major General Aruna Jayasekara (Retd).

The Chinese Embassy has indicated that the supplies are estimated to be worth around Rs. 400 Million.

The donation comes as emergency teams continue relief operations in several provinces severely affected by flooding, displacement and property damage from Cyclone Ditwah. Sri Lanka has appealed for international assistance as thousands of affected families remain in temporary shelters.

Government officials thanked China for its timely assistance and said the support would be rapidly deployed to the worst-hit regions. More international aid is expected in the coming days.

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Government assures University community of support to rebuild Peradeniya stronger and safer

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Prime Minister Dr. Harini Amarasuriya stated that the Government stands ready to support the University of Peradeniya in rebuilding stronger, safer, and more resilient than before. She made these remarks while visiting the University of Peradeniya on Sunday  (07), where she met with student representatives and Heads of Departments affected by the sudden floods that swept through the campus on 27 November.

The visit aimed to personally inspect the damage, which caused extensive harm to academic buildings, student facilities, and key infrastructure. University officials briefed the Prime Minister on the severity of the impact, highlighting significant losses to the Faculties of Management, Agriculture, and Veterinary Medicine, as well as the IT Centre, CDCE, gymnasium, swimming pool, and playgrounds.

The Prime Minister was also briefed on how the disaster disrupted both academic activities and the wellbeing of students and staff, including the loss of more than 110 computers, vital laboratory equipment, examination documents, and four central IT servers, with preliminary damage estimates exceeding Rs. 6 billion. She commended the swift evacuation of nearly 750 students from hostels located along the Mahaweli River and acknowledged the resilience shown by nearly 11,000 students who remained on campus during the crisis.

She expressed her appreciation to the Sri Lanka Army, the Disaster Management Centre, and local donors for providing food, water, and essential supplies at a time when access and communication were severely disrupted.

A joint engineering team has confirmed that university buildings remain structurally stable, although several require urgent repairs. With academic activities suspended until 15 December.

The Prime Minister discussed with the Vice Chancellor and emergency response teams the immediate steps required to restore normalcy and provide necessary support to students whose studies and daily routines have been significantly affected.

During these discussions, the Prime Minister issued a series of directives focusing on both immediate relief and long-term safety. These include restoring essential services such as water, electricity, and safe access pathways for students; accelerating the rehabilitation of heavily damaged faculties and laboratories; strengthening early warning systems for flood-prone areas; and implementing long-term mitigation measures such as riverbank protection, improved drainage, and the relocation of vulnerable facilities. She also directed the relevant agencies to fast-track government assistance, assuring the university community that the Government stands ready to help Peradeniya rebuild stronger, safer, and more resilient than before.

The meeting was attended by  Nalaka Kaluwewa, Secretary to the Ministry of Education, Higher Education and Vocational Education; Kandy District Parliamentarian Thanura Dissanayake, Professor Terrence Madhujith, Vice Chancellor of the University of Peradeniya; and Professor R. W. Pallegama, Deputy Vice Chancellor of the University of Peradeniya, along with Heads of Departments, officials, and student representatives of the University of Peradeniya.

 

[Prime minister’s media division]

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