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Alleged privatisation of SLIC, SLT: SLPP rebel slams govt., demands restructuring of loss-making ventures

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‘Utterly corrupt process implemented at country’s expense’

By Shamindra Ferdinando

Dissident SLPP lawmaker Dr. Nalaka Godahewa has warned of clandestine moves to sell off profitable ventures in the state sector.Addressing the media in Colombo on Wednesday (24), the Gampaha District MP alleged that instead of restricting loss making ventures, interested parties seemed hell-bent on divesting the Treasury of cash cows.

Referring to a recent declaration made by President Ranil Wickremesinghe, the one-time private sector top executive questioned the rationale in privatising Sri Lanka Telecom and Sri Lanka Insurance Corporation (SLIC) at a time the public expected the government to re-structure loss making enterprises.

Flanked by leading dissidents lawmakers, Prof. G.L. Peiris and Prof. Charitha Herath, Dr. Godahewa said that there couldn’t be any justification in further delaying launching of the restructuring process in respect of ailing Sri Lankan Airlines, Ceylon Electricity Board (CEB), Ceylon Petroleum Corporation (CPC) and Water Supply and Drainage Board.

One-time prominent Viyathmaga activist Dr. Godahewa pointed out that the losses suffered by the above-mentioned state enterprises this year would be much more than the total state revenue.

Dr. Godahewa emphasised the restructuring cash-strapped enterprises and selling off profitable ventures were entirely two different things. The lawmaker said that the current economic crisis shouldn’t be exploited by the powers that be contrary to the expectations of the public.

Commenting on what he called the despicable move on Sri Lanka Telecom, MP Godahewa said that the government owned over 49.5 percent of that particular enterprise’s shares. Referring to the shares owned bythe EPF, ETF and the SLIC in the SLT, Dr. Godahewa said that the government controlled over50-percent of shares. Therefore, there couldn’t be any justifiable reason to privatize internationally recognized operations, the MP said.

Dr. Godahewa also attacked the government over the alleged move on SLIC.

The MP recalled how the Supreme Court reversed the sale of SLIC, Waters Edge and Lanka Marine Services over corruption charges. Declaring that the country’s privatization and restructuring process had been tainted, Dr. Godahewa said adding that the sale of SLIC for Rs 6 bn during Chandrika Bandaranaike Kumaratunga’s tenure as the President in spite of the state enterprise having assets estimated to be worth Rs 30 bn exposed the utterly corrupt system in place.

According to him, during the tenure of Presidents, the late Ranasinghe Premadasa and Chandrika Bandaranaike Kumaratunga (1990-2003) altogether 94 state enterprises were privatized under controversial circumstances. The former minister alleged that those who procured those enterprises for a song sold them at massive profits.

Lawmaker Godahewa said that the agreement on Hambantota port finalized in 2017 too revealed how deals were made at Sri Lanka’s expense. The MP said that even today there was no clear idea as to how USD 1 bn received from China was utilized.

One corrupt deal allowed a buyer to sellastate plantation company he boughtatdouble the amount within 24 hours, the lawmaker said, warning those planning to profit at a time the country has been declared bankrupt.

The former minister urged all those concerned to be cautious and vigilantas the country had to pay USD 5 bn annually for several years. It would beagrave mistake on Sri Lanka’s part to ignore the growing crisis though the public received some relief due to the government suspending repayment of debt.



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Steps will be taken to implement a new National Youth Policy in Sri Lanka in the first quarter of 2027 – PM

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Prime Minister Dr. Harini Amarasuriya stated that the new National Youth Policy, being formulated to address the current challenges faced by Sri Lanka’s youth and fulfill their aspirations for the future, is scheduled to be finalised and implemented by the first quarter of 2027.

The Prime Minister made these remarks on Wednesday [September 16], while addressing the 1st National Research Symposium on Youth Development – NRSYD 2026, jointly organised by the Open University of Sri Lanka (OUSL) and the Ministry of Youth Affairs and Sports, held at the Water Supply and Drainage Board Auditorium in Ratmalana.

The symposium was held under the theme, ​“Young People as Right Holders and Change-Makers: Asset-based Pathways for Social Transformation.” Research papers are being presented under nine key thematic areas.

These areas include youth empowerment and leadership; education, vocational training and skills development; health, mental well-being and nutrition; youth entrepreneurship and economic participation; technology, digitalisation and innovation; climate change and sustainable development; minorities, social integration and the rule of law; youth migration and international relations; and arts, culture and creative expression.

The official publication of the symposium was presented to Prime Minister Dr. Harini Amarasuriya and other distinguished guests by Deputy Minister of Youth Affairs and Sports Dinindu Saman Hennayake and Secretary to the Ministry A.M.H.U. Aruna Bandara.

Speaking at the event, Prime Minister Dr. Harini Amarasuriya sated:

“Although a draft National Youth Policy was prepared in 2014, it was not implemented. Therefore, a new policy is currently being formulated with the participation of all stakeholders, taking into consideration the current changes in technology, the economy and the employment market.

Under the Government’s Public Investment Programme, Rs. 145 million has been allocated for research and development activities in the youth and sports sectors. Rs. 5 million has been allocated for this symposium. This allocation is a good beginning. It clearly demonstrates the seriousness with which we view evidence-based policymaking.

In the face of technological advancement and digitalisation, providing young people with academic knowledge alone is not sufficient. It is essential to equip them with practical, technical and vocational skills alongside knowledge. For this purpose, curricula within the existing education system must be updated in line with new technologies and global demand.

As for the Government, youth development is a cross-cutting issue that concerns all sectors. Our intention is to establish a unified policy framework that can provide guidelines and recommendations to address the challenges faced by young people in a scientific and sustainable manner.

Formulating a policy is only the beginning. The success of the National Youth Policy will depend on its implementation, monitoring and evaluation. Our objective should be to develop young people who are resilient and capable of facing changes, while also enabling them to become a generation that leads positive changes taking place in the world”.

The Prime Minister further stated that there is a proposal to hold the research symposium as an international conference next year, which would provide Sri Lankan researchers with significant opportunities to establish connections at regional and international levels.

The occasion was attended by the Minister of Youth Affairs and Sports Sunil Kumara Gamage, Vice Chancellor of the Open University of Sri Lanka Senior Professor P.M.C. Thilakarathne, along with a large number of researchers, academics and young people.

[Prime Minister’s Media Division]

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US embassy won’t comment on IGP’s probe into joint drug raid

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Drugs taken into custody (pic courtesy US Embassy)

… America-Pakistan developed required ‘intel’ for operation

By Shamindra Ferdinando

The US Embassy in Colombo declined to comment on a special police probe into the recent narcotics detection, jointly made at the China-managed Colombo International Container Terminal (CICT) by the US Drug Enforcement Administration’s (DEA) New Delhi Country Office and Sri Lanka Police..

US Embassy spokesperson said that the mission wouldn’t add to their press release, issued on 2 Sept., in the immediate aftermath of the raid.

Police Headquarters, on 11 Sept., declared that the Central Crime Investigation Bureau (CCIB) was conducting investigations into the recovery of 473 kg of Crystal Methamphetamine (‘Ice’). Police never acknowledged the role played by the US in the operation.

According to Police Headquarters, on a directive given by IGP Priyantha Weerasooriya, the Special Investigation Unit has launched an internal probe into, what it called, shortcomings and irregularities in the Colombo Port raid.

The Island:

Have you (relevant US authorities) received an update of Sri Lanka’s investigations from the Police?

US Embassy:

U.S. and Sri Lankan law enforcement authorities maintain close and ongoing cooperation on counternarcotics matters, including the exchange of information that helps both countries combat transnational drug trafficking. We don’t have anything further to share on communications with Sri Lankan authorities beyond what we’ve already said publicly about the successful operation.

The Island:

Did the Police seek clarification regarding DEA, New Delhi Country Office role in the successful raid?

US Embassy:

As the Embassy noted publicly following the seizure, cooperation with the U.S. Drug Enforcement Administration contributed to the Sri Lanka Police Narcotics Bureau’s successful seizure of approximately 463 kilograms of methamphetamine at the Port of Colombo.

The seizure demonstrates the value of close U.S.-Sri Lankan cooperation in disrupting transnational narcotics trafficking.

The Island:

Before we raised this issue were you aware of the internal investigation into the drug bust which was also raised in Parliament last week?

The US Embassy:

We don’t have anything further to share beyond what we’ve already said publicly about the successful operation.

Our focus remains on the strong U.S.-Sri Lanka law enforcement partnership and the concrete results our cooperation can deliver—disrupting transnational criminal organisations, cutting off the profits that fuel illicit drug trafficking, and protecting our citizens from the dangers of narcotrafficking.

The US Embassy attributed the success of the counternarcotics operation to the US-Sri Lanka partnership

The US Embassy statement, dated 2 Sept: The U.S. Drug Enforcement Administration’s (DEA) New Delhi Country Office and Sri Lanka’s Police Narcotics Bureau (PNB) conducted a successful joint operation disrupting a Pakistan-based narcotrafficking network attempting to smuggle crystal methamphetamine through Sri Lanka to international markets.

Acting on intelligence developed by DEA’s Foreign Counterparts Unit Pakistan Anti-Narcotics Force Special Investigations Cell between August 14–29 on suspicious maritime containers moving from Pakistan to Colombo, PNB seized approximately 463 kg of crystal methamphetamine with a street value of $21 million, concealed in bath towels, and arrested several suspects, including Pakistani nationals. This operation underscores the strength of the U.S.-Sri Lanka partnership in dismantling transnational criminal organisations that fund terrorism and threaten communities in both our countries. This cooperation builds on long-standing training and technical assistance provided through the U.S. Department of State’s Bureau of International Narcotics and Law Enforcement Affairs (INL) to the Sri Lanka Police and Customs. The United States remains committed to working with Sri Lanka and regional partners to aggressively pursue transnational criminal organizations, deny them the revenue from illicit drug trafficking, and protect our citizens from the dangers of narcotrafficking.”

SLPP National Organiser Namal Rajapaksa, in Parliament, raised questions about the internal investigation into the raid. However, Rajapaksa, too, hasn’t mentioned the US role in the operation. The Special Investigation Unit has recorded a statement from Senior DIG Ranmal Kodituwakku regarding the Colombo Port raid.

MP Rajapaksa questioned the rationale behind questioning the officer who led the raid against the backdrop of controversial releasing of 323 containers from the Colombo Port in January 2025. The failure to question those responsible for the releasing of 323 containers indicated who was behind that operation, MP Rajapaksa told Parliament.

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Gnanasara Thera declares outside High Court that he wouldn’t flee

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Gnanasara Thera

Bodu Bala Sena (BBS) General Secretary Ven. Galagodaaththe Gnanasara Thera appeared before the Colombo High Court yesterday in a case filed by the Attorney General over statements allegedly insulting Islam.

The case was taken up before Colombo High Court Judge Buddhika C. Ragala, who ordered that it be called again on September 30.

His appearance came six days after the Supreme Court invalidated the presidential pardon granted to Gnanasara Thera by former President Maithripala Sirisena in 2019.

Speaking to journalists outside the court, Gnanasara Thera said he was prepared to face the legal process and would abide by the law, rejecting reports that he had gone into hiding following the Supreme Court judgment.

“It is the weak who disappear and flee. We worked for the country and are facing the consequences for that. We are not afraid and will not flee,” he said, noting that he would surrender to the court and face whatever legal consequences following the Supreme Court decision.

The Supreme Court, on September 10, ruled that the presidential pardon granted to Gnanasara Thera by Sirisena was invalid. The judgment followed fundamental rights petitions challenging the legality of the pardon. A three-judge bench, comprising Justices Janak de Silva, Sobhitha Rajakaruna and Sampath Abeykoon, delivered the ruling.

Gnanasara Thera was convicted by the Court of Appeal in 2018 for contempt of court and sentenced to a total of 19 years’ imprisonment to run concurrently as six years. The conviction related to his conduct during proceedings at the Homagama Magistrate’s Court concerning the disappearance of Prageeth Eknaligoda.

He was released from Welikada Prison on May 23, 2019, after then President Maithripala Sirisena had granted him a presidential pardon.

The Supreme Court found the pardon to be arbitrary and invalid in law, following its consideration of the petitions challenging the exercise of the presidential power of clemency.

Meanwhile, police have said they are awaiting the Supreme Court judgment before determining what further action should be taken following the invalidation of the pardon.

The proceedings before the Colombo High Court yesterday are separate from the contempt of court case that resulted in the six-year sentence. They concern alleged statements made by Gnanasara Thera regarding Islam.

In June this year, the Colombo High Court rejected an appeal by Gnanasara Thera against a nine-month prison sentence imposed by the Colombo Magistrate’s Court in connection with statements made at a 2016 media briefing that were found to have disrupted religious coexistence.

The latest High Court proceedings, therefore, form part of separate legal action concerning his alleged remarks about Islam, while the Supreme Court ruling relates specifically to the legality of the 2019 presidential pardon granted in connection with his contempt of court conviction.

The case before the Colombo High Court will be called again on September 30.

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