News
Govt. makes U-turn on hoarders’ Mafia

Question mark over Office of CGES, emergency regulations
By Shamindra Ferdinando
Following the abolition of price control on rice and paddy, the government is expected to review its controversial decision to establish the Office of Commissioner General of Essential Services (CGES) to ensure an uninterrupted supply of paddy, rice, sugar and other essential goods.
Authoritative sources said that a decision taken by Cabinet of ministers on Monday (27) to rescind the relevant gazette underlined the urgent need to examine the government’s overall response to shortage of essential items.
Responding to The Island queries, sources explained that the government backed the appointment of a serving officer, Maj. Gen. M.D.S.P. Niwunhella as the CGES with the declaration of emergency regulations. President Gotabaya Rajapaksa made the declaration effective Aug, 31, 2021 in terms of the Section 2 of the Public Security Ordinance as per the Section 5 that dealt with essential food supply. Maj. Gen. Niwunhella of the Gajaba Regiment is the incumbent head of President Gotabaya Rajapaksa’s security contingent.
Sources emphasised that the abolition of price controls on wholesale and retail sale of rice as well as purchase of paddy should be examined against the backdrop of declaration of emergency regulations and specific measures such as the appointment of CGES to tackle hoarding, price manipulation and a range of other irregularities.
In the absence of President Gotabaya Rajapaksa, who is away in the US, Prime Minister Mahinda Rajapaksa has chaired Monday’s meeting. The Island learns that proper consultations hadn’t taken place before the government made a U turn on traders Mafia.
Sources said that President Gotabaya Rajapaksa moved to reign in the group of powerful millers in the wake of the collapse of agreement between the government and the businessmen. Trade Minister Bandula Gunawardane and Agriculture Minister Mahindananda Aluthgamage on July 21, 2021 reached agreement with millers for the latter to buy paddy at what they called government guaranteed price.
In spite of Ministers Gunawardane and Aluthgamage vowing to ensure uninterrupted supply of rice, the millers reneged on their promise. Sources pointed out that the decision to rescind the relevant gazette on price controls, the announcement of the release of funds from the Central Bank to release food containers held up at the Colombo port, immediately import 100,000 tonnes of rice to maintain a buffer stock, delay decision on the revision of milk food, flour and cement, and millers declaring a new price structure (retail and wholesale as well as paddy purchasing price from farmers) happened within 48 hours.
The Central Bank on yesterday (29) announced the release of USD 50 mn to two state banks to make it possible for importers to clear their goods from the Colombo harbour.
On the instructions of the President, the CGES Maj. Gen. Niwunhella and Chairman of Consumer Affairs Authority (CAA) retired Maj. Gen. Shantha Dissanayake, led raids on Nipuna, Lathpadura, Araliya, Hiru, New Rathna and Sooriya in the Polonnaruwa District.
Former President Maithripala Sirisena’s brother Dudley Sirisena and State Minister Siripala Gamlath are among those accused of hoarding rice.
Sources said that just a day after the cancellation of the relevant gazette, a group of millers led by Dudley Sirisena declared retail price for nadu Rs 115, samba Rs 140 and keeri samba Rs 165,000. The group also declared that paddy would be bought at nadu Rs 62.50 a kilo, samba Rs 70 and keeri samba Rs 80.
The declaration of emergency regulations in the run-up to the 48th session of the Geneva-based Human Rights Council caused quite a controversy. The entire Opposition in the parliament, two major civil society groups –Sri Lanka Collective for Consensus (SLCC) and Civil Society Platform (CSP) and a section of the international community and the Human Rights Commissioner Michelle Bachelet condemned the declaration of emergency though the government repeatedly stressed that particular measure was taken for the benefit of the fleeced consumer.
Sources said that with the abolition of the gazette meant to regulate the rice market, the whole strategy initiated by the government in late August was in tatters.
Other sources said the government had conveniently side-stepped the simmering issue pertaining to the issuance of a gazette on Oct 13, 2020 to reduce the import duty on a kilo of rice to 25 cents from Rs 50. In spite of the Committee on Public Finance chaired by SLPP lawmaker Anura Priyadarshana Yapa declaring that the duty reduction didn’t bring any relief at all to the consumer, the reduced duty remained, sources said.
Having accused major sugar importers of hoarding, the Presidential Secretariat in a statement issued on Sept 1 identified the hoarders as Pyramid Wilmar(6,200 mt),Global trading company (4,900 mt),Wilson Trading Company (14 mt) and R.G. Stores (800 mt). The announcement was made after the government seized 29,000 mt from five warehouses.
News
Gnanasara Thera urged to reveal masterminds behind Easter Sunday terror attacks

Religious and civil society leaders have called upon Ven. Galagodatte Gnanasara Thera to share whatever information he claims to possess with regard to the Easter Sunday terror attacks and their masterminds.
Addressing the media at the Centre for Society and Religion in Colombo, Lawyer Manoj Nanayakkara said Ven. Gnanasara Thera claimed to have information related to the terror attacks and the masterminds behind them.
“The question is why he does not go to the law enforcement agencies and share the information he claims to possess. There is no purpose in making such statements at press conferences. As a citizen, his duty is to share this information with the investigating authorities. Therefore, we believe that Gnanasara Thera is engaging in a political ploy at the behest of someone else. He should be aware that intentionally withholding information about a brutal massacre and failing to share it with the investigating authorities is an offense punishable under the Penal Code,” Nanayakkara said.
Nanayakkara mentioned that 71 months had passed since the Easter Sunday attacks, yet justice has not been served for the victims.
He called on President Anura Kumara Dissanayake to begin implementing the recommendations outlined in the Special Presidential Commission of Inquiry that investigated the Easter Sunday terror attacks, without further delay.
“We are approaching the sixth anniversary of this heinous crime, which claimed nearly 275 lives and injured twice as many others. President Dissanayake promised to conduct a fresh investigation into this crime. In the meantime, he could implement the recommendations of the Special Presidential Commission that probed the Easter Sunday terror attacks. This would demonstrate that the current government is keeping its word to deliver justice to the victims,” Nanayakkara said.
Rev. Fr. Julian Patric Perera, Rector of St. Joseph Vaz Deva Dharma Niketanaya, also addressed the press conference.
By Norman Palihawadane
News
IMF asks SL to maintain reform momentum to stabilise economy

The International Monetary Fund (IMF) says that the economic recovery is gaining momentum in Sri Lanka but it remains vulnerable, making it critical that the reform momentum be sustained to ensure that macroeconomic stability and debt sustainability are durably achieved.
Speaking during the IMF’s weekly press briefing, IMF Spokesperson Julie Kozack stated that the fourth tranche of $334 million was made available to Sri Lanka to support its economic policies and reforms, immediately after the Executive Board approved the Third Review.
“On Friday, February 28th, the IMF Executive Board approved the Third Review under the EFF (Extended Fund Facility) arrangement for Sri Lanka. And this provided the country with immediate access to $334 million of support.”
“So, yes, once the Board approved that Third Review, the $334 million was made available to Sri Lanka to support its economic policies and reforms. And with this $334 million, it brings total financial support from the IMF to Sri Lanka to $1.34 billion”, Kozack confirmed.
Furthermore, the IMF Spokesperson said that reforms in Sri Lanka are bearing fruit and that the economic recovery is gaining momentum.
She noted that inflation remains low in Sri Lanka, revenue collection on the fiscal side is improving, and international reserves are continuing to accumulate.
Economic growth reached 5 percent in 2024, and that was after two years of economic contraction, she added, highlighting that the IMF do expect the recovery to continue in 2025.
“These are all very positive developments for Sri Lanka and for the people of Sri Lanka”, Kozack expressed.
Meanwhile, the IMF Spokesperson also mentioned: “All of this said, the economy still does remain vulnerable, and, therefore, it is critical that the reform momentum be sustained to ensure that macroeconomic stability and debt sustainability are durably achieved.”
In response to a question raised by a journalist on the IMF’s take on the proposal to list Sri Lanka’s State-Owned Enterprises (SOEs) in the Colombo Stock Exchange given that the programme also calls for extensive reforms in SEOs, Kozack denied a comment, stating, “I don’t have anything for you on that regarding the SOEs, but we’ll come back to you bilaterally.”
News
Ravi K. accuses two individual of undermining UNP

New Democratic Front MP Ravi Karunanayake has accused two prominent members of the UNP of deliberately destabilising the party.
Speaking at a media briefing, MP Karunanayake stated that it was clear these two individuals were working to undermine the UNP.
He went on to claim that party leader Ranil Wickremesinghe had been “taken hostage,” by those individuals.
“I am currently the only member capable of presenting the UNP’s programmes in Parliament. Yet, these two members have shown us no respect, treating us like outsiders and excluding us from key decisions,” Karunanayake said.
“We are not even being informed about party meetings; this is clearly a stepmotherly treatment.”
Karunanayake further claimed that the two individuals were only focused on fighting for leadership positions within the party, such as the Chairmanship or the post of General Secretary, instead of prioritising unity and collaboration for the party’s future.
The MP also expressed concern that the actions of these individuals might be part of a larger conspiracy, questioning whether they were being orchestrated by external forces.
In response to rumours suggesting that he had approached the SJB, Karunanayake strongly denied the claims, asserting that such rumours were being spread by the two members working to undermine the UNP.
“These rumours are nothing more than attempts to discredit me, orchestrated by those who are sabotaging the party from within,” he said.
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