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‘Cash-strapped country being overwhelmed by corruption’

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Mega Airbus, US PR deals: Eran questions govt. silence

By Shamindra Ferdinando

Samagi Jana Balavegaya (SJB) MP Eran Wickremaratne says that in spite of revelations of massive waste, corruption and irregularities in the public and private sector, Sri Lanka lacked a system to deal with those exposed here as well as persons implicated as a result of judicial actions overseas.

National List MP Wickremaratne pointed out that action hadn’t been taken against those exposed.

The former State Finance Minister said that the failure on the part of Sri Lanka to take follow up action on two specific judgments given by British and US courts in January 2020 and Feb 2021, respectively, clearly exposed the situation.

Wickremaratne served as the Deputy Minister of Investment Promotions and Highways of the Yahapalana 100-day government before being elevated as State Finance Minister.

The former CEO of the NDB who gave up that post in 2010 to enter parliament on the UNP National List served two terms before switching allegiance to the SJB in early 2020.

Lawmaker Wickremaratne told The Island that the country was in such a precarious situation, financially, the incumbent government should put in place a system to deal with corruption. The MP said that he used last Friday’s debate on two COPE (Committee on Public Enterprises) reports tabled in Parliament this year to underscore the need to address the issue at hand.

The country had been overwhelmed by unbridled corruption, the former banker said, urging the Parliament to pay attention to the much deteriorated financial accountability or face the consequences.

Lawmaker Wickremaratne emphasized the urgent need for a strong independent body that could inquire into corruption cases whoever exercised political power.

Responding to another query, the SJB heavyweight questioned the rationale in COPE investigations as well as inquiries undertaken by two other parliamentary watchdog committees, the COPA (Committee on Public Accounts) and COPF (Committee on Public Finance) if those exercising political power conveniently ignored the disclosures. Similarly, the country couldn’t ignore decisions given by foreign courts in respect of Sri Lankans or cases involving Sri Lankans.

The NL MP said that Sri Lanka’s failure at least to properly examine the rulings given by a British court in respect of corruption in the procurement of aircraft to SriLankan Airlines and the US court as regards Sri Lanka government being duped to the tune of USD 6.5 mn by US political promoter Imaad Shah Zuberi highlighted the weakness in our system.

MP Wickremaratne said that the incumbent government owed an explanation regarding the handling of SriLankan Airlines case.

The MP told the parliament: “In 2013 Airbus engaged a wife of a person, concerned with the purchase of Aircraft for Sri Lankan Airlines through an intermediary company, and pursuant to that engagement, Airbus company had offered up to USD 16.84 mn to the said intermediary company to influence SriLankan Airlines to purchase ten Aircraft and four more on lease basis. In fact USD 2 mn had been paid at that particular time as commission to the intermediary. The judgment mentioned that the seriousness of the criminality in this case has been acknowledged by all sides. It was proven in the Southwark High Courts in Great Britain in the case between the Director of Serious Frauds Office and Airbus where the judgment pronounced on January 31, 2020 said Airbus and SriLankan Airlines had committed a major fraud.”

When interrupted by Agriculture Minister Mahindanda Aluthgamage MP Wickramaratne challenged the SLPP to take legal action if politicians of the yahapalana government had been involved in the Airbus fraud.

MP Wickremaratne was referring to SriLankan Airlines ex-Chief Executive Kapila Chandrasena and his wife Priyanka Wijenaike who surrendered to the CID following the disclosure of payments received by Airbus in a sales contract made in 2013.

Chandrasena received appointment as Sri Lankan Air Lines Chairman in Nov 2018 in the wake of constitutional coup staged by the then President Maithripala Sirisena.

MP Wickremaratne asked what had happened to the investigation ordered by President Gotabaya Rajapaksa into the Airbus deal after the British court ruling.

The incumbent administration also owed an explanation regarding payment of USD 6.5 mn to an American of Pakistani origin lobbyist Imaad Shah Zuberi, who was given a 12 year prison term for falsifying records to hide his work as a foreign agent while lobbying high-level US officials. US federal judge found him guilty on several counts, including defrauding Sri Lanka of USD 6.5 mn. MP Wickremaratne pointed out that the then government had paid USD 6.5 mn for what was called an image building exercise. “All these are proven cases, but what has the Sri Lankan Government done about this?” The MP pointed out while the rest of the world took tangible measures against corruption, the COPE seemed satisfied with disclosures with no final investigation or justice.

MP Wickremaratne said that the parliamentary watchdog committee should state its position on the British and UK rulings.



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Prime Minister highlights the importance of recognising Women’s Unpaid Care Work

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Prime Minister Dr Harini Amarasuriya participated in the International Women’s Day Flagship Event hosted by the Asian Development Bank (ADB) on 10 March at the ADB Headquarters in Manila, Philippines. The event brought together senior ADB leadership, representatives of the diplomatic community, and development partners to mark International Women’s Day and to reaffirm global commitments to gender equality.

Delivering the keynote address, the Prime Minister highlighted the critical role of education in empowering women and girls, emphasising that equitable access to quality education remains one of the most powerful tools for achieving social and economic transformation. She underscored Sri Lanka’s longstanding commitment to education and noted the importance of strengthening inclusive learning systems that enable women to fully participate in national development.

The Prime Minister also drew attention to the significant contribution of women’s unpaid care work, noting that it remains largely unrecognised despite its vital role in sustaining families, communities, and national economies. She emphasised the need for policies and social protection mechanisms that acknowledge and support care work, thereby enabling women to participate more fully in economic life.

Addressing broader structural challenges, the Prime Minister stressed the importance of increasing women’s participation in political decision-making and the labour force, noting that inclusive governance and economic participation are essential for sustainable and equitable development.

She highlighted the need for continued collaboration between governments, international institutions, and development partners to remove barriers that limit women’s opportunities.

During the event, Prime Minister was honoured with the Shireen Lateef Women’s Leadership Award in recognition of her commitment to advancing women’s leadership and empowerment.

The event was opened by the President of the Asian Development Bank and senior ADB leadership, followed by a high-level discussion on advancing gender equality across the region. The Prime Minister’s participation reaffirmed Sri Lanka’s commitment to strengthening partnerships with international institutions to promote women’s empowerment and gender-responsive development policies.

(Prime Minister’s Media Division)

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CEBEU warns of operational disruptions amid uncertainty over CEB restructuring

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The Ceylon Electricity Board Engineers’ Union (CEBEU) yesterday warned that uncertainty surrounding the ongoing restructuring of the Ceylon Electricity Board (CEB) had forced many employees to refrain from performing their regular duties, raising concerns about potential disruptions to electricity sector operations.

The engineers’ union said the current situation had arisen due to what it described as either deliberate actions or extreme negligence in implementing the restructuring process, which has created significant confusion among staff who previously served under the CEB.

According to the union, although the state power utility has been formally restructured and new companies established, a large majority of former CEB employees have yet to receive official appointment letters, confirming their positions in the newly formed entities.

“The reality is that the institution, previously known as the Ceylon Electricity Board, no longer exists in its earlier form, yet most employees, who served under it, have not been issued proper appointment letters, or related documentation, assigning them to the newly established companies,” the CEBEU said.

The union said that while some workers had been issued “assignation letters”, those documents merely indicate the institution to which an employee has been attached and do not clearly define employment conditions, responsibilities, authority, or reporting structures.

“As a result, employees currently lack the necessary legal framework confirming their employment status, their duties, the authority under which they operate, and who they are accountable to within the new institutions,” the CEBEU said.

The engineers’ union emphasised that the current crisis was not created by employees but was the direct result of, what it called, shortsighted and questionable actions taken by those responsible for implementing the reforms.

It also expressed concern that the relevant Minister, appointed through the National List, had failed to hold meaningful discussions with employees, despite having previously advocated strongly for workers’ rights.

The union said trade union action had been launched only after months of unsuccessful attempts to resolve the issues through verbal requests and written communication with the authorities.

“Despite repeated appeals made over several months, there has been no satisfactory response. Decisions appear to have been taken under the assumption that a government with a strong mandate can proceed without proper consultation,” the union said.

However, the CEBEU stressed that employees engaged in essential operations—including power generation, transmission, and distribution—continue to work in order to ensure electricity supply to the public.

“These staff members are continuing their duties under considerable risk to prevent major disruptions to the electricity supply,” the union noted.

Nevertheless, the union warned that the prevailing uncertainty could affect certain operational activities, and restoration work following breakdowns may take longer than usual.

The CEBEU appealed to the public to understand the situation and expressed regret for any inconvenience that may arise.

“We request the public to understand the situation and cooperate with us during this difficult period. We sincerely regret any inconvenience that may be caused,” the union added.

By Ifham Nizam

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Remittances up compared to last year before outbreak of war, but the economic picture is not rosy

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Sri Lanka Bureau of Foreign Employment (SLBFE) yesterday said that foreign remittances, during January and February this year, had been 32% higher than the corresponding period in the previous year.

According to a press release issued by the SLBFE, Sri Lanka received Rs 1,480.1 mn during January and February this year, whereas in 2025 the country received Rs1,121 mn during the corresponding period. During the first two months of this year, 47,819 Sri Lankans had left the country for employment abroad.

However, Prof. Priyanga Dunusinghe has warned that Sri Lanka could face a catastrophic situation due to a rapid and sharp drop in revenue caused by the escalating Gulf war. Fighting erupted on February 28 following a joint US-Israel attacks on Iran.

Appearing on Derana ‘Big Focus’ on Monday, the Professor in Economics in the Department of Economics, and Head – Department of Information Technology, University of Colombo, Dunusinghe said that that the drop in remittances from the Middle East, as well as exports, should be examined against the backdrop of runaway oil prices.

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