News
Dr. Pethiyagoda blames Lanka’s woes on rulers, bureaucrats not using common sense
By: M. A. Kaleel
Sri Lanka could go bankrupt again and again in the years to come like Argentina, Dr. Rohan Pethiyagoda, one of Sri Lanka’s foremost biodiversity experts said at the convocation of the Sri Jayewardenepura University.The engineer turned biodiversity expert told the students that they were graduating at the most difficult time in Sri Lanka’s post-Independence history.
“The fact is whichever government we get, whichever President we elect in the future, it won’t make a difference because coming out of this type of economic crisis is a slow, tedious and long process. It’s not going to be bad as people say that Sri Lanka is going to end up as Zimbabwe. I don’t think it will. We have people like you in Sri Lanka but Zimbabwe doesn’t. We might end up like Argentina. A hundred years ago Argentina was the 15th richest country in the world. On average Argentinians were richer than Italians, French and Irish. Today it’s one of the poorest countries in the world. All because of lack of common sense in political ideology. In 20 years, Argentina declared bankruptcy not once nine times. We can also expect that Sri Lanka can go bankrupt again and again in years to come. Unfortunately that’s how the world works. Recovery from the crisis we face is not easy. It’s not going to be over in a year or two. It might take ten or twenty years or a generation and you are the generation that can drive the recovery,” he said.
Excerpts of the speech: Today, Sri Lanka is in a crisis because people didn’t have something a mother has. Mothers are people, I think all will realise, who are rich in a thing called common sense. To think about it, our primary problem started with the inflation we are seeing in our economy as the result of the Central Bank two years ago printing 2.3 billion rupees in paper money. Money which is not supported by the growth in the economy always leads to inflation. If you look at other countries, every country that has done that has faced a financial collapse. Our Governor of CB, a highly qualified professional and academic with a PhD from the University of Oxford denied there was a link between money supply and inflation. He didn’t have common sense.
“Your mother couldn’t have done that. That’s why we have this problem. We saw what happened in organic agriculture. Overnight the government decided to change the agriculture policy. Agriculture expertise that has been taught by the universities for the last 50 years – scientific modern agriculture was put aside. We decided to take agriculture back by 100 years to the 19th century. If we look at any other countries in the world, has any country successfully done this? Then common sense says it is unlikely you will be the first successful one. That is your mother would have said. As we didn’t listen to our mother and we got it wrong and that caused our problem. Even people who are highly qualified and competent, if they don’t use common sense, may make serious mistakes. We made that with Dhammika Peniya. The government was telling Dhammika Peniya was a cure for Covid. If it’s a cure for Covid, how come Pfizer, Moderna and AstraZeneca sold 100 b $ worth Covid vaccines last year. Sri Lanka could have got 100b $ for selling Dhammika Peniya but we didn’t. Common sense said we were wrong. When people reject science and when we people reject the learning you’ve received at universities, they can make huge mistakes. Science, as you have learned, is testing hypotheses. It is about evaluating evidence. It is not about listening to the most qualified persons. You have to learn to question everything.
“You have the advantage of graduating from one of the best universities in South Asia. University of Jayewardenepura, specifically your faculty, publishes on average one paper every day in influential indexed journals. It’s an astonishing record. You can be comfortable that you have earned a degree of international standards. If you want to do a further degree anywhere in the world, your degree will stand you in good stead.
Coming years are going to be tough. You’ll be looking for jobs. I feel sad about it. Unfortunately the mistakes have been made for no fault of you but because of corrupt, crooked, ignorant politicians. They have been the curse of our country since independence. But I don’t doubt for one moment that you have the skills, you have the intelligence and you have the knowledge to be a force to drive the change. This is your moment and this is your time for the shakeup of our country. I hope you’ll be equal to the challenge and for that reason I feel Sri Lankans deserve your skills, your talents and your dedication.”
News
Lanka enters new phase of prosecutions as hurdles clear
MONETABRIEF –The prosecution of high-profile individuals from the former Rajapaksa administrations is set to escalate this month with the clearing of legal hurdles and administrative bottlenecks, according to officials involved in the process.
Former president Gotabaya Rajapaksa’s attempt to secure an order preventing his arrest in connection with the Easter Sunday massacre was turned down by the Court of Appeal on Thursday.
An overseas travel ban has been in operation against Rajapaksa since June, but the Criminal Investigations Department made no move to question him. He instead filed a writ application seeking an order preventing his possible arrest.
President of the Court of Appeal Rohantha Abeysuriya noted that the court would not interfere with the investigative process. Any attempt by the court would amount to an obstruction of the investigation.
In an unrelated case, the same court rejected an application by opposition legislator Dilith Jayaweera seeking the quashing of a contempt charge filed against him by the Fort magistrate. The charges against Jayaweera and a few other opposition politicians are expected to be taken up in the coming week.
Jayaweera and other opposition politicians — Wimal Weerawansa, Udaya Gammanpila, Sugeeshwara Bandara, and Asanka Navaratne
— were hauled up over their remarks relating to the arrest of Suresh Sallay, the former head of the State Intelligence Service.
SLPP academic Mahinda Pathirana is also charged over his public comments about Sallay’s arrest in February under the draconian Prevention of Terrorism Act.
Former president Mahinda Rajapaksa’s son, legislator Namal Rajapaksa, is already in remand custody following his arrest in connection with three cases of bribery and money laundering relating to the 2013 Airbus deal and the Krrish property development in Colombo.
Although Namal has been granted bail in the Airbus money laundering charge, he is in custody until October 13 over the bribery charge relating to the same Airbus transaction. His arrest is under a provision of the Anti-Corruption Act that does not allow a magistrate to grant bail unless under exceptional circumstances.
Meanwhile, his mother Shiranthi Rajapaksa, who had been asked to report to the Financial Crimes Investigations Division on September 24, was a no-show and was yet to return from Singapore.
She had travelled overseas on September 16, and a family spokesman said she was handed the FCID summons at the departure lounge of Bandaranaike International Airport just before she boarded a flight to Singapore.
At the time, the family spokesman said she was due to return in three days.
“We will see greater momentum in the legacy cases in the coming weeks,” an official involved in the prosecutions said.
“We have cleared the legal hurdles to press ahead with more arrests,” he said.
“We are working on a few administrative issues which will be resolved very soon.”
The controversial prosecution of former President Ranil Wickremesinghe is dragging on without him being formally indicted since his arrest in August last year. The Fort magistrate has listed the case again for November 11, when the Attorney-General is expected to report on his decision regarding action against Wickremesinghe.
News
Police warn: Court evaders face property seizure
Police have reminded the public that courts have the power to take legal action against individuals who evade arrest or remain in hiding after warrants have been issued against them.
Police said that under Section 60 of the Code of Criminal Procedure Act No. 15 of 1979, a court could issue a written proclamation requiring a person evading arrest under a warrant to appear at a specified place and time.
The proclamation must allow the person at least 30 days to appear before court, Police said.
If the person fails to appear even after the proclamation has been issued, the court may take further action under Section 61 of the Act.
This includes issuing an order for the attachment of the movable or immovable property belonging to the person concerned.Police issued the reminder highlighting the legal measures available against persons who deliberately evade arrest and remain in hiding after warrants have been issued.
News
Nearly 20 Iranian tankers stranded off Lanka amid US sanctions
Around 20 Iranian oil tankers are reportedly stranded about 15 nautical miles off Sri Lanka’s southwestern coast, with several vessels facing shortages of food, fuel and fresh water amid tightening US sanctions and maritime restrictions, The Wall Street Journal reported.
According to the report published on Thursday (1), US officials have in recent weeks urged Sri Lanka to prevent local vessels from supplying essential provisions to the tankers and their crews.
The report, citing Sri Lankan Government documents and companies involved in supplying the vessels, said the US had raised concerns over assistance being provided to the sanctioned tankers.
The situation follows the United States’ decision to reimpose a maritime blockade of the Strait of Hormuz in July, which has reportedly left dozens of Iranian and Iran-linked tankers involved in transporting sanctioned oil to China stranded near Asian countries, including Sri Lanka and Malaysia.
Most of the vessels are reportedly empty tankers that had previously transported Iranian crude to Asia, often through ship-to-ship transfers, before preparing to return to Iran for additional cargo.
The WSJ reported that the US Embassy had warned Sri Lanka in August that it was monitoring 19 Iranian tankers off the country’s western coast and had raised the possibility of secondary sanctions against companies providing services to sanctioned vessels.
Sri Lankan authorities have maintained that the vessels are located outside the country’s 12-nautical-mile territorial waters and that the Government is not providing them with logistical assistance.
Meanwhile, shipping companies told the WSJ that obtaining approval to supply essential items, including food, drinking water and fuel, as well as repair services, to the Iranian vessels had become increasingly difficult.
Separately, Reuters reported in late August that 27 sanctioned Iran-linked tankers were waiting off Sri Lanka without cargo.
The Trump administration has also imposed additional sanctions on Iran and warned countries and companies trading with Tehran of potential consequences, as Washington seeks to pressure Iran to make concessions amid the ongoing conflict.
Similar concentrations of Iranian-linked tankers have been reported off Malaysia, where waters have historically been used for ship-to-ship transfers of Iranian crude destined mainly for China.
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