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Discrepancy in interest paid to EPF members: SC moved by lawmaker

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Gevindu Cumaratunga

By Shamindra Ferdinando

SLPP National List MP Gevindu Cumaratunga and member of Uththara Lanka Sabhagaya has moved the Supreme Court seeking equal treatment to all members of the Employees Provident Fund (EPF).

Cumaratunga, who is also the President of Yuthukama National OrganiSation has acted in terms of Article 126 read with Article 17 of the Constitution.

The apex court’s intervention has been sought on the basis that EPF members were paid 9% interest for 2022 in terms of the EPF Act No 15 of 1958 whereas members of the Central Bank Provident Fund received 29.27% in the same year. However, with regard to Employees Trust Fund (ETF), there hasn’t been any discrepancy with all members receiving 8.75% in 2022.

Lawmaker Cumaratunga has told the SC that after an inordinate delay State Finance Minister Shehan Semasinghe on Nov 07, 2023 disclosed the difference in interest payments made to EPF members and the Central Bank group. According to the civil society activist, the questions regarding EPF interest and related matters were submitted to parliament in July 2023.

The petition named the Central Bank as the first respondent followed by the Governor of the Central Bank, Attorney General, State Finance Minister and Commissioner General of Labour as respondents.

The petitioner was represented by Attorney-at-Law Sawani Rajakaruna.

MP Cumaratunga said the State Finance Minister’s declaration that the difference in EPF interest was primarily due to the difference in the return distribution policies of each fund was flawed and couldn’t be acceptable.

Lawmaker Cumaratunga questioned the very basis of the declaration that the EPF was the most caring superannuation fund in the region to ensure sufficient benefits to its members. He has brought to the SC’s notice that in the year EPF members were paid 9% while Central Bank members received 29.27%, annual interest, while the inflation stood at a staggering 46.4%

The petitioner requested the SC among other matters to transfer /credit Rs 21,000,000,000 that had been wrongly transferred to the Profit Equalization Fund, to the profit available for distribution and transfer/credit Rs 29,000,000,000 from the profit Equalization Reserve for profit available for distribution. The petitioner pointed out that this would enable the re-calculation and re-fixing of interest payable to each EPF member at 11 % or above for 2022. The petitioner also requested that the interest paid to Central Bank members of the fund should be re-fixed at an equitable rate as deemed by the SC.



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Maduru Oya helicopter crash: Army, Air Force launch probes

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Rescue teams searching for the missing military personnel after yesterday’s SLAF chopper crash in the Maduru Oya. (Image courtesy Derana)

Bell 212 accident during passing out parade kills six military personnel, injures six others

A Bell 212 helicopter, belonging to the Sri Lanka Air Force (SLAF), crashed into the Maduru Oya reservoir yesterday morning, killing six forces personnel and injuring six others. The helicopter was on a routine mission in support of a Special Forces passing-out parade when it encountered technical difficulties and attempted an emergency landing.

The crash occurred at approximately 8:17 a.m., after the helicopter took off from the SLAF Base Hingurakgoda, at 6:47 a.m., and picked up Army personnel in Maduru Oya around 7:08 a.m. According to the SLAF, the aircraft was conducting a heli-rappelling drill as part of a military demonstration when it suffered a technical malfunction shortly after takeoff.

The aircraft was carrying 12 individuals—six from the Army and six from the Air Force, including two pilots. Initial rescue efforts led to all passengers being retrieved alive and transported to the Aralaganwila Regional Hospital, with eight later transferred to the Polonnaruwa General Hospital due to the severity of their injuries.

Despite emergency medical care, six of the personnel succumbed to their injuries—four Army Special Forces soldiers and two Air Force members. Among the deceased were helicopter gunmen and elite Special Forces troops.

In the wake of the tragedy, both the Army and Air Force have launched separate investigations to determine the cause of the crash. Air Force Commander Air Marshal Bandu Edirisinghe has appointed a nine-member inquiry committee, while Army Commander Lieutenant General Lasantha Rodrigo confirmed that expert teams have been dispatched to the crash site to gather evidence.

Air Force spokesperson Group Captain Eranda Geeganage said the crash occurred during a drill demonstration at the training school and that the exact cause of the accident remains unknown at this time.The remaining six injured personnel are still receiving treatment, with their conditions being closely monitored.

 By Norman Palihawadane

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Cardinal Prevost becomes Pope Leo XIV

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Pope Leo XIV

Nearly half a century has passed since the Catholic Church last had an Italian Pope. In the hallowed corridors of the Vatican, as the Conclave began deliberations to elect a successor to Pope Francis, several Italian names were whispered with increasing frequency. Chief among them was Cardinal Pietro Parolin, the Vatican’s Secretary of State, a seasoned diplomat, and well-known among the electors. Others, like Cardinals Pierbattista Pizzaballa and Matteo Zuppi, also had their share of admirers.

Yet, when the white smoke rose above the Sistine Chapel, it was not an Italian who emerged. Instead, the Cardinals turned to an unheralded American – Robert Francis Prevost, a canon law professor and lifelong missionary – electing him as successor to St. Peter. He has taken the name Pope Leo XIV.

Though born in the United States, Pope Leo’s spiritual and pastoral heart lies in Peru, where he spent much of his life in missionary service. His elevation comes as a surprise to many as he had been made a Cardinal just two years earlier, appointed by Pope Francis himself. A relative newcomer in the College of Cardinals, he was seen by many as a wildcard – yet perhaps that’s exactly what the Church needed.

At 69, Pope Leo is poised for what could be a lengthy pontificate – time enough, perhaps, to carry forward the reforms initiated by his predecessor. It’s no secret that Pope Francis saw in him a leader fit for the challenges of global Catholicism. When Prevost returned from Peru to head the Augustinian Order – a role he held for 12 years – it was Francis who sent him back across continents, appointing him Bishop of Chiclayo and entrusting him with pastoral care once more in Peru.

Those close to the new Pontiff describe him as deeply spiritual, a steady hand, and a bridge-builder, qualities sorely needed in a Church increasingly split between traditionalists and reformists. He is expected to offer a more measured, balanced approach on key issues, fostering dialogue rather than division.

In many ways, this Conclave echoed the dramatic scenes of October 1978, when an unknown outsider from Poland – Karol Wojtyla – was chosen as Pope John Paul II. Like then, the Cardinals have once again looked beyond the obvious front-runners. But, unlike 1978, when it took eight ballots to break the deadlock and settle on a compromise, this time it took just four.

That speed speaks volumes. The Cardinals were not merely settling – they were convinced that here’s the man to take the Church forward. In Cardinal Prevost, they found a shepherd capable of steering the Church through a time of transition, someone who could temper Franciscan reform with pastoral wisdom and unite a divided flock under the banner of faith and humility.

By Rex Clementine

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Appeals Court nullify appointment of RDA Director General

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The Court of Appeal on Thursday issued a writ order nullifying the appointment of S.M.P. Suriyabandara as the Director General of the Road Development Authority (RDA), citing a breach of proper procedure. The Court found that the selection process was in violation of established appointment guidelines.

The Court directed the RDA and the Minister of Transport and Highways to appoint K.W. Kandambi to the post, with effect from 5th March 2024. Kandambi, a civil engineer with 23 years of service at the RDA, had outperformed Suriyabandara in the official interview process, scoring 61 marks compared to Suriyabandara’s lower score.

President’s Counsel Faizer Mustapha, representing Kandambi, argued that appointing a candidate with fewer marks was unlawful and requested the Court to invalidate the appointment.

Acting President of the Court of Appeal, Mohamed Lafar Tahir, ruled that the respondents had violated the law in their selection process, thus issuing the writ order to correct the appointment.

By A.J.A. Abeynayake

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