News
Enactment of key finance bills: Govt. not following due process – Opposition
By Shamindra Ferdinando
Opposition MP Prof. Charitha Herath yesterday took exception to the inclusion of the controversial Economic Transformation Bill (ETB) and the Public Financial Management (PFM) Bill in the first week’s agenda of Parliament in June, in spite of the Bills not being subjected to due process yet.
Parliament meets on June 4, 5 and 6. Declaring that the ETB and PFM had been included in the June 5 and 6 agenda, respectively, the dissident SLPP MP pointed out the irregularity in doing so in the absence of the Supreme Court determination on the two Bills.
Chief Government Whip Minister Prasanna Ranatunga on May 22 presented the two Bills to the House.
Responding to The Island queries, Prof. Herath said that those opposed to the Bills could challenge them in the Supreme Court within two weeks. The first entrant to Parliament Herath asked as to why Parliament included them in its agenda before the SC decided on their constitutionality.
The JVP-led NPP would move the SC against the ETB, according to top spokesman Vijitha Herath, MP.
Herath, a former Chairman of the Committee on Public Enterprises (COPE), asked what would happen if the Supreme Court ruled that many sections of the ETB were flawed and remedial measures required.
MP Herath said that the two Bills hadn’t been discussed at the Committee on Public Finance headed by Dr. Harsha de Silva. Alleging that the government was in an indecent hurry to enact these controversial laws, lawmaker Herath said that the relevant Sectoral Oversight Committee or committees were yet to examine them.
Prof. G. L. Peiris, MP, told The Island that legislation, with such far reaching repercussions, should not be enacted by a government without a popular mandate within its last 100 days. The former External Affairs Minister and one-time SLPP heavyweight said: “ETB purports to bind future Parliaments and to thrust upon them the economic policy of President Wickremesinghe which is at variance with the publicly expressed convictions of the SLPP which commands a majority in the current Parliament.”
Recently Prof. Peiris switched his allegiance to the SJB. Claiming that President Wickremesinghe was blatantly exploiting the situation to push ahead with his much-disputed agenda, MP Peiris said: “Local entrepreneurship which needs to be nurtured and strengthened, is placed at a distinct disadvantage by the Bill. An unelected President, by virtue of his power of nomination to controlling mechanisms, is able to concentrate more and more authority in his hands, at the expense of broad-based institutions. The degree of detail set out smacks of intolerable arrogance: it purports to deprive succeeding administrations of legitimate decision-making capability. Changes of this magnitude are compatible with the tenets of representative democracy only in the aftermath of fresh national elections, due very shortly.”
Asked about planned legal action, Prof. Peiris said that proposed legislation would certainly be challenged vigorously by various parties. The ex-Minister said that the SC determination was not a solution in itself. The Court could only determine whether particular provisions were inconsistent with the Constitution, and therefore required a special majority or a referendum for enactment. The Court’s constitutional function would not enable it to examine broader aspects from a policy perspective, he added.
The Island sought State Finance Minister Shehan Semasinghe’s views on the proposed laws against the backdrop of SLPP Chairman Mahinda Rajapaksa’s recent declaration in respect of government economic strategy. The Anuradhapura district lawmaker said that since July 2022, President Wickremesinghe and the SLPP had worked according to a certain framework. Therefore, there was no likelihood of the SLPP withholding support for these laws.
The former President while calling the present government an interim arrangement formed to run the country for the remainder of former President Gotabaya Rajapaksa’s term, declared: “Even the pro-privatization lobby should realize that the hasty divestiture of state owned assets at a time like this will not produce the best outcome for the country. Furthermore, the next Presidential election is only a few months away. Hence, as a measure to ease the widespread discontent over the government’s divestiture drive, I wish to propose that all moves to sell off state owned assets or enterprises be postponed until a new government is formed after the next Presidential election. The new government will then be able to deal with state-owned properties and enterprises in accordance with the mandate they obtain at the election.”
State Minister Semasinghe said that the Opposition shouldn’t follow destructive strategies meant to reverse the economic revival. The MP stressed that in addition to the much-discussed ETB and PFM, there was another crucial Bill aimed at addressing the challenges the country faced. “We’ll take the Public Debt Management Bill on June 4,” lawmaker Semasinghe said, claiming that the three Bills were intended to provide much needed stability at all levels.
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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