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Economic woes bound to worsen, warns Ranil

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One-time Prime Minister and UNP Leader Ranil Wickremesinghe warned on Thursday that Sri Lankan economy would face tougher challenges in the coming months.

Wickremesinghe said electricity tariff and fuel prices would have to be further increased as a result of increasing losses of the Ceylon Electricity Board (CEB) and the Ceylon Petroleum Corporation (CPC).

“Last week, the Minister of Power and Energy told Parliament that the losses of the CEB in 2021 amounted Rs 79 billion. Some people say that this is an underestimation. The losses projected for 2022 amount to Rs 100 billion,” he said.

The loss incurred by the CPC for 2021 was Rs 83 billion.

“The daily loss of the CPC is Rs 327 million. The CPC losses are expected to reach USD 80 million in a few months’ time. Losses will increase further because of the rupee devaluation,” he said.

Wickremesinghe said both institutions had borrowed heavily from the People’s Bank and Bank of Ceylon. The two state owned banks were burdened with Srilankan Airlines as well, he said. Wickremesinghe said Sri Lanka had not issued International Sovereign Bonds since 2019 April and that too had affected the banks. The total amount due to the state banks was one trillion rupees.

“There will be an electricity tariff hike and further fuel price hikes to reduce losses. These measures will lead to other problems. The people in this country will have to bear this burden. So, we need to remedy the situation as soon as possible,” he said.



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Govt. urged to halt ‘illegal’ presidential pardons

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Ven. Gnanasara Thera reacts as prison officers escort him out of the Court of Appeal, which yesterday (05) ordered the sixyear prison sentence imposed on him in 2018 to take effect.

By Shamindra Ferdinando

The government is coming under pressure from civil society organisations to formulate a clear ‘mechanism’ to deal with requests for presidential pardons.

Representing civil society organisations, Gamini Viyangoda yesterday flayed the NPP government for the delay in taking action against Ven. Galagoda Aththe Gnanasara Thera, after the Supreme Court declared the 2019 presidential pardon granted to him by President Maithripala Sirisena null and void. He said successive Presidents had abused their executive power to release convicted persons from prison.

Purawesi Balaya activist Viyangoda pointed out that the Supreme Court ruled that President Sirisena had acted arbitrarily and failed to independently consider the relevant materials before exercising his executive power.

The Court of Appeal, in August 2018, sentenced Gnanasara Thera, General Secretary of the Bodu Bala Sena (BBS), to six years rigorous imprisonment for contempt of court over his conduct during proceedings concerning missing journalist Prageeth Ekneligoda. Viyangoda said that those who had been affected by the monk’s conduct have the right to know on what basis the President released him, in May 2019.

The Court of Appeal yesterday (05) ordered the relevant authorities to enforce the remaining period of imprisonment imposed on the Thera.

Gnanasara Thera, who had been subject to an open warrant for his arrest, was produced before the Court of Appeal, today, by prison officials.

Having considered the submissions made before it, the Court of Appeal directed the Commissioner General of Prisons to take the necessary steps to enforce the remaining period of the sentence imposed on Gnanasara Thera. Police on Saturday (03) apprehended the monk at a forest monastery in Kalutara. The Colombo Magistrate’s Court on Sunday (04) ordered the Thera to be remanded in custody till Monday.

Appearing for Gnanasara Thera, Attorney-at-Law Iresh Seneviratne, together with Attorney-at-Law Pasan Karunaratne, told the court yesterday that his client had been experiencing severe mental distress and had therefore gone to an ‘Aranya Senasanaya’, where he had been staying.

Viyangoda said that examination of presidential pardons, executed over the years, would reveal how successive leaders exploited the executive power to appease their own. Responding to The Island queries, Viyangoda said that Sirisena, in Sept. 2019, just two months before the presidential election, granted Jude Shramantha Jayamaha a Presidential pardon.

Jude Shramantha Jayamaha was sentenced to 12 years by the High Court, but the Court of Appeal revised that sentence to death, in July 2012, which the Supreme Court later upheld. Viyangoda said that though the Supreme Court, in June 2024, declared that the particular Presidential action was illegal and arbitrary, law enoforcement authorities were yet to take tangible measures to enforce the court directive.

Viyangoda stressed that no President should exercise the right to pardon a convicted on his or her own without following laid out procedures. According to him, Sirisena appeared to have simply ordered the monk, and the convicted murderer, released in response to appeals received by him. A comprehensive investigation could identify those who had been involved in these wrongdoings.

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GL urges cautious handling of Saudi death row case, blasts govt. over BRICS affair

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Prof. Peiris

Convenor of Janathawadi Joint Opposition, Prof. G. L. Peiris, yesterday (05) emphasised the responsibility on the part of the government and others to act cautiously when making representations in respect of Sivarasa Anojan facing death sentence in Saudi Arabia over a controversial social media post.

Addressing the media at former President Ranil Wickremesinghe’s Flower Road Office, Prof. Peiris emphasised that whatever representations should be made through the Foreign Ministry.

The one-time External Affairs Minister warned of dire consequences of political party leaders, members of Parliament and civil society making direct representations and trying to get in touch with various Saudi authorities over the phone.

Prof. Peiris said that those who intervened on behalf of Anojan should keep in mind that Sri Lanka should be mindful of the Saudi way of governance and sensitivities.

The former Minister questioned the circumstances Sri Lanka was left out of the recent BRICS summit held in New Delhi. He recalled how former President Wickremesinghe discussed Sri Lanka’s entry into BRICS with Russian President Putin and received an invitation for the Summit there but as a result of the change of government, in Sept. 2024, Sri Lanka ignored that invitation.

That resulted in Sri Lanka being left out from the New Delhi summit, Prof. Peris said.

Prof. Peiris pointed out the absurdity in sending the Foreign Secretary to the BRICS Summit in Russia instead of the President, PM or the Foreign Minister to represent the country.

Referring to the forthcoming conclusion of the current IMF programme, initiated during Wickremesinghe’s time, Prof. Peiris said that Sri Lanka lost a great opportunity to benefit from BRICS by failing to represent the country at a higher level at the Russian summit.

The BRICS nations established the New Development Bank (NDB), originally called the BRICS Development Bank, Prof. Peiris said.

Dismissing NPP government’s explanation regarding Iranian ships awaiting necessary supplies but deprived by US imposed restrictions, the former Minister strongly criticised the administration’s response. According to him, this government responded in a similar manner when the US sank an unarmed Iranian frigate just outside Sri Lankan territorial waters in March this year.

Prof. Peiris declared that the government’s assertion that the US restrictions weren’t only directed at Sri Lanka but all Iranian vessels in other regions as well was not acceptable (SF)

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Shiranthi files anticipatory bail application

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Shiranthi

Former First Lady Shiranthi Rajapaksa, who is in Singapore, has filed an anticipatory bail application before the Maligakanda Magistrate’s Court, seeking an order preventing her arrest in connection with an ongoing investigation into the financial affairs of the Siriliya Saviya organisation.

The former First Lady left for Singapore on 16 Sept., and the police handed her a notice at the airport, directing her to appear before the Financial Crimes Investigation Division (FCID).

Attorney-at-Law Jayabalan has filed the petition, naming the Director of the Criminal Investigation Department as the respondent.

The petition states that Shiranthi Rajapaksa is currently overseas receiving medical treatment and fears that she may be arrested at the airport upon her return to Sri Lanka.

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