Connect with us

News

Crisis: Sabry faults ‘handful of persons’ but won’t accept charge of economic crimes

Published

on

By Shamindra Ferdinando

Foreign Minister Ali Sabry has reiterated that a handful of persons who advised President Gotabaya Rajapaksa caused the unprecedented economic meltdown.

Sabry has alleged that politicians, officials, public sector as well as the trade unions are responsible for the crisis.

The Minister said so in response to ‘Hiru’ anchor Chamuditha Samarawickrema seeking an explanation regarding the Geneva-based United Nations Human Rights Council (UNHRC) taking up the contentious issue of economic crimes in Sri Lanka.

In a wide-ranging interview on ‘Salakuna’ on Monday (10), Sabry repeated the accusations that he had made in June in his capacity as the Finance Minister following talks with the International Monetary Fund (IMF) in Washington.

However, Minister Sabry declined to call those responsible ‘economic assassins’ or categorise their actions ‘economic crimes.’ But he acknowledged that as a member of the Cabinet-of-Ministers he had also been named a respondent in Court cases in this regard.

Sabry stressed that he didn’t believe that those who had been blamed for the crisis did so purposely though the then President Gotabaya Rajapaksa acted recklessly, on advice received, without taking sufficient safeguards.

The Bar Association of Sri Lanka (BASL) is among the parties to move the apex court over the unprecedented financial meltdown.

The panel of interviewers, comprising Chamuditha Samarawickrema, Madushan de Silva and Kalindu Vithanage, repeatedly pointed out that the denial of basic requirements could be considered violation of human rights.

When the panel pointed out that Minister Sabry essentially agreed with the views expressed by the international community, and other interested parties, as regards economic crimes, the lawmaker said that in spite of the deteriorating crisis, still those responsible continued to make promises, at the expense of economic stability. Minister Sabry cited the recent declaration of free mid-day meal as a case in point. Such promises were made without making required financial provisions, the Minister added.

Minister Sabry said that he wouldn’t under any circumstances,defend the indefensible and alleged that the country wouldn’t have been in this mess if not for arrogant conduct of the decision-makers.

Sabry compared how Dr. Indrajith Coomaraswamy in his capacity as the Governor of the Central Bank (June 2016-Dec. 2019) had successfully handled an impending crisis due to the response of those at the helm following the last presidential election, in Nov. 2019 before it developed into a catastrophe.

The Minister said that as the former Finance Minister he took the responsibility for the declaration of default status by Central Bank Governor Dr. Nandalal Weerasinghe in the second week of April this year. Emphasising that there was absolutely no uncertainty regarding that decision taken, Minister Sabry said that in addition to the Finance Secretary, Mahinda Siriwardana, and Dr. Weerasinghe, the government had consulted a three-member committee of economic and fiscal experts of the Presidential Advisory Group, Dr. Indrajith Coomaraswamy, Prof. Shanta Devarajan and Dr. Shamini Cooray.

Minister Sabry cited the Ceylon Electricity Board (CEB) as one of the enterprises that had contributed to the deterioration of the national economy. He explained how the CEB engineers brazenly thwarted attempts to enhance renewable energy capacity on various pretexts. Calling them a Mafia organization, Minister Sabry pointed out how those who had blocked renewable energy projects, approved emergency power purchases, at exorbitant rates. Chamuditha Samarawickrema pointed out that there was no point in making such allegations. The Hiru team stressed the responsibility on the part of the government to address the issue at hand.

Commenting on the latest defeat, suffered by Sri Lanka at the UNHRC, Minister Sabry said that the country was paying a very heavy price for failing to fulfill the promises made by successive governments before the international community.

Declaring that Sri Lanka couldn’t accept hybrid courts to examine accountability issues, Minister Sabry decried the co-sponsorship of the Geneva resolution, in Oct 2015, during the Yahapalana administration. Responding to criticism that only seven countries voted, objecting the resolution moved against Sri Lanka, Minister Sabry said that of the 20 countries that voted against Sri Lanka, many represented the EU. Minister Sabry said that the proponents of the resolution believed they could secure more than 24 votes though ended up with 20.

Sabry reiterated their commitment to do away with the Prevention of Terrorism Act (PTA) perhaps before end of this year to pave the way for a new law, in line with international standards.

Minister Sabry emphasised that the contentious issues of reconciliation and accountability should be addressed with appropriate mechanisms. Success of such projects depend largely on workable mechanisms, not individuals.


  • All News Advertisement





News

Government’s objective is to ensure the continuous functioning of the country’s economic activities and essential services through effective energy management – President

Published

on

By

President Anura Kumara Dissanayake stated that, in light of the challenges that have arisen due to the prevailing conflict situation in the Middle East, plans are being implemented to manage energy resources effectively while ensuring the uninterrupted continuation of the country’s economic activities and essential services.

The President made these remarks while participating in a discussion held on Monday (16) afternoon  at the Presidential Secretariat to review the immediate measures required to ensure the country’s energy conservation and maintain the uninterrupted functioning of economic activities and essential services, in view of the current disruptions affecting energy supply.

During the discussion, which was attended by the relevant Ministers and Ministry Secretaries, special attention was focused on the measures required to ensure the uninterrupted continuation of public services in light of the prevailing situation.

Extensive discussions were also held on alternative methods that could be adopted in maintaining the operations of government offices. In this context, attention was drawn to the possibility of limiting energy consumption while continuing essential services by granting a one-day holiday for the public service.

Particular attention was also given to examining alternative measures that could be adopted to ensure the continued provision of services with minimal energy consumption, taking into account the specific nature and practical requirements of sectors such as education, health, tourism, fisheries, industry, agriculture, ports and shipping, airport services and digital services.

The President instructed a committee, comprising Ministry Secretaries and sectoral experts, to submit a report by the end of today to determine the fuel allocation required to maintain services in the key sectors.

In addition, the discussion highlighted the importance of making ministerial-level decisions regarding the practical feasibility of performing official duties from home under such circumstances. It was proposed that decisions on summoning officers to their workplaces be delegated to the heads of institutions and that appropriate methods be adopted to ensure the uninterrupted continuation of services.

In view of the prevailing situation, the President paid special attention to the challenges faced by farmers in the agricultural sector and by small and medium-sized industrialists in the industrial sector.

The President further emphasised that, in the current circumstances, the contribution and commitment of all are essential to minimise the potential impact on the country’s economy, while noting that certain groups may be provided with assistance through relief measures.

It was noted that the introduction of the QR system is intended to manage daily fuel consumption in response to the ongoing challenges. This system will allow for the daily analysis of fuel allocations, emphasising the importance of releasing fuel in a manner that safeguards the country’s energy conservation while supporting economic and service activities.

The discussion also highlighted the importance of using the QR system in an orderly manner during fuel distribution and the need for each Ministry to promptly provide all necessary data to the Ministry of Digital Economy. Accordingly, it was proposed that the relevant Ministries, together with the legally recognised petroleum institutions, work to further streamline the QR system.

In addition, it was proposed to temporarily suspend state celebrations in light of the prevailing situation and to establish a procedure for informing the private sector of any further measures the Government intends to take in this regard.

Prime Minister Dr. Harini Amarasuriya, Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath, Minister of Trade, Commerce, Food Security and Cooperative Development Wasantha Samarasinghe, Minister of Health and Mass Media Dr. Nalinda Jayatissa, Minister of Public Administration, Provincial Councils and Local Government Professor A.H.M.H. Abeyratne, Minister of Labour and Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando, Minister of Industries and Entrepreneurship Development Sunil Handunnetti, Minister of Transport, Highways and Urban Development Bimal Ratnayake, Secretary to the President Dr. Nandika Sanath Kumanayake, Governor of the Central Bank Dr. P. Nandalal Weerasinghe, Senior Advisor to the President on the Digital Economy Hans Wijesuriya, Senior Economic Advisor to the President Duminda Hulangamuwa and a group of officials, including the Secretaries of the relevant Ministries, participated in the discussion.

Continue Reading

News

UN resolution on Iran ‘unbalanced’: FM Herath

Published

on

Vijitha / Zuhair

Zuhair castigates sponsors who failed to condemn aggressors

Foreign Minister Vijitha Herath said that the recently adopted United Nations Security Council (UNSC) resolution that strongly condemned Iran for, what it called, “egregious attacks” on its regional neighbours, was not fair as it did not make reference to Israeli-US initiating the latest conflict.

Herath said so in response to The Island query. He said that the government wouldn’t support country specific resolutions. Minister Herath described the resolution, adopted by a vote of 13 in favour, none against, and two abstentions (China, Russian Federation), as unbalanced. Sri Lanka refrained from co-sponsoring the resolution that had the backing of nearly 140 countries. Both India and Pakistan co-sponsored the resolution.

The JVPer reiterated that both sides should cease attacks and deal with the developing situation in terms of the UN Charter.

The Council condemned, “in the strongest terms,” Iran’s attacks against Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates and Jordan and reiterated its strong support for those countries’ sovereignty, territorial integrity and political independence.

Former Sri Lanka’s Ambassador in Iran, M.M. Zuhair, PC, said that those who co-sponsored the controversial resolution, and the UNSC that adopted it, conveniently failed to take into account unprovoked Israeli-US attack on Iran and the killing of over 1,400 civilians, including nearly 160 children and staff at a girls’ school. The former lawmaker said that the UN Security Council had failed in its fundamental duty to prevent or end the Israeli-US joint aggression on Iran or, at least, to condemn the unprovoked military action.

By Shamindra Ferdinando

Continue Reading

News

Japan provides grant for reinforcement of Cyclone Ditwah damaged bridge

Published

on

Ambassador Isomata and Ven. Nagolle Nandaratana, Chairman of DIMUTHU Community Development Society signed the agreement (pic courtesy Japanese embassy)

Japanese ambassador in Colombo Akio Isomata on 16 March signed a grant contract for reinforcing a bridge in Buttala under the scheme of “Grant Assistance for Grassroots Human Security Projects (GGP)”. The contract was signed with Ven. Nagolle Nandaratana, Chairman of DIMUTHU Community Development Society.

The text of the Japanese embassy press release: “The Government of Japan has provided USD 25,432 (approx. LKR 7.8 million) for a project implemented by the DIMUTHU Community Development Society. This grant will fund urgent reinforcement of the bridge abutments which were damaged by Cyclone Ditwah, and construction of retaining walls to safeguard the bridge, which ensures safe access of 3,200 residents to education and healthcare services.

Emphasising Japan’s focus on strengthening institutional frameworks to address natural disasters in Sri Lanka, Ambassador ISOMATA remarked: “As Sri Lanka moves on to the phase of recovery and reconstruction, Japan remains steadfast in its resolve to stand by the people of Sri Lanka”. Ambassador also said: “The project for which we signed today will not only contribute to the recovery and reconstruction of areas affected by Cyclone Ditwah and socio-economic development of the country, but will also stand as an enduring symbol of the unwavering friendship between the peoples of Japan and Sri Lanka.”

Commenting on the receiving of this grant assistance, Ven. Nagolle Nandaratana, Chairman of DIMUTHU community Development Society, stated, “Japan and Sri Lanka share a beautiful, long-standing friendship. Beyond just development, we’ve always admired the Japanese way of doing things—with precision, discipline, and kindness. This approach has truly been our guide in making our past collaborations, like our water projects and community buildings, such a lasting success.

Special thanks to the Ambassador, the hardworking Embassy team, and our coordinator for making this happen. “

Since 1989, Japan has been providing a total of USD 62 million in assistance for Sri Lanka through the GGP (Grant Assistance for Grassroots Human Security Projects) scheme.”

Continue Reading

Trending