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GL: ‘Aswesuma’ flawed, fresh scheme needed 

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frowns on privileged status to wealthy investors, bid to restore dissolved LG bodies

By Shamindra Ferdinando

Top Opposition Spokesman Prof. G. L. Peiris yesterday (02) demanded that the government cancel, what he called, the deeply flawed ‘Aswesuma’ social security project, to pave the way for a fresh scheme. Addressing the media at the Nawala Office of the breakaway SLPP faction, Nidahasa Janatha Sabhawa, the former External Affairs Minister dealt with the passage of the resolution on the ‘Domestic Debt Optimisation’ (DDO) in Parliament, the previous day, a move to amend three Acts in order to give the subject Minister (Prime Minister Dinesh Gunawardena) powers to restore dissolved local government authorities and ‘Aswesuma’

that caused countrywide turmoil.

Pointing out that several SLPP members had skipped Saturday’s vote on the resolution on DDO, National List lawmaker emphasized that the Wickremesinghe-Rajapaksa government unfairly burdened the Employees Trust Fund (EPF). Having repeatedly assured that the EPF with funds amounting to Rs 3 trillion wouldn’t be undermined in the DDO process, the government had targeted the country’s largest fund, Prof. Peiris said. That was nothing but a cruel attack on those struggling to make ends meet, the academic said.

The resolution received 122 votes while 62 voted against. Forty-two MPs abstained.However, the government conveniently left out wealthy investors who had no hesitation in taking advantage of the country’s predicament, the former minister said.

After Governor of the Central Bank Dr. Nandalal Weerasinghe declared bankruptcy in April 2022, wealthy financiers had invested in sovereign bonds at extortionate rates of interest. “Their motive was to make use of the perilous state of our economy to make a killing. They sought unconscionable profits in as short a time as possible. While the rates payable to these wealthy investors are left untouched, interest to be earned by the working people who are beneficiaries of the EPF has been reduced by the rate of income tax payable by the EPF being increased from 14 pc to 30 percent if fund declined to participate in the seriously flawed DDO exercise,” Prof. Peiris said.

The people should realise that the EPF’s participation was therefore not voluntary but enforced Prof. Peiris said. Therefore, the government strategy is not consistent with social equity, the dissident SLPPer said.

Prof. Peiris said the DDO process had been placed under the control of Finance Minister Ranil Wickremesinghe.Commenting on the raging controversy over the ‘Aswesuma’ programme, Prof. Peiris said that disruption that had been caused by ill-advised government was so much, the project couldn’t be repaired under any circumstances. There couldn’t be any other option than cancelling the announced list of beneficiaries and launching a fresh initiative as soon as possible to identify those who really required government assistance.

Pointing out that there had been well over half a mn public appeals and complaints in this regard, Prof. Peiris asked the government not to shift the blame to officials but to accept responsibility and initiate what he called a scientific examination of the poor with required technical expertise.

Those who planned to replace ‘Samurdhi’ with ‘Aswesuma’ ended up with egg on their face for want of a cohesive plan to identify the needy. The ex-minister dismissed a recent government declaration that remedial measures would be taken once appeals and complaints were received by July 10 as propaganda. “The system is so inconsistent with requirements, it cannot be salvaged by patchwork,” the MP said.

The senior politician said that the SLPP should be ashamed that one of its National List MPs, Jayantha Kategoda proposed to empower the Minister of Local Government to restore dissolved Local Government authorities. Declaring SLPP rebels’ intention to challenge the government move in the Supreme Court, Prof. Peiris said that the ruling SLPP and UNP with just one MP in parliament were trying to skip elections at all levels.



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Colombo Law Society objects to judges’ retirement age move

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…Urges President not to undermine public confidence in independence of judiciary

The Colombo Law Society has urged President Anura Kumara Dissanayake not to proceed with any constitutional amendment to extend the retirement age of Supreme Court and Court of Appeal judges, warning that such a move could undermine public confidence in the independence of the judiciary.

In a letter dated July 2, 2026, the Society said its Executive Committee had unanimously resolved to convey its concerns following reports of a proposal to increase the retirement age of judges of the superior courts.

The Society said any amendment affecting the tenure of sitting judges should be approached with caution, adding that public confidence in the independence of the judiciary must be safeguarded.

Full text of the letter: The Executive Committee of the Colombo Law Society, at its duly convened meeting held on 25 June 2026, deliberated extensively on the reported proposal to increase the retirement age of Judges of the Court of Appeal and the Supreme Court.

Having carefully considered the matter, the Executive Committee unanimously resolved to convey its concerns to Your Excellency and to express its support for the position taken by the Bar Association of Sri Lanka in its letter addressed to Your Excellency, dated 25 May, 2026.

The Colombo Law Society recognizes and appreciates the invaluable contribution made by members of the higher judiciary to the administration of justice in Sri Lanka. However, we respectfully take the view that any alteration to the constitutionally established retirement age of Superior Court Judges must be approached with the utmost caution and only after broad consultation with all relevant stakeholders.

The existing retirement ages of Judges of the Court of Appeal and the Supreme Court have remained unchanged since the promulgation of the 1978 Constitution. Any departure from this long-standing constitutional framework, particularly where it affects serving judges, may give rise to public concern and perceptions that could undermine confidence in the independence and impartiality of the judiciary.

The independence of the judiciary is one of the cornerstones of the Rule of Law and democratic governance. Equally important is the public perception of such independence. The judiciary must not only be independent in fact but must also be seen to be independent and free from any appearance of influence or accommodation.

The Colombo Law Society further notes that the number of Judges of both the Court of Appeal and the Supreme Court was increased through constitutional reform in 2020. In those circumstances, questions naturally arise as to whether there exists a compelling institutional necessity to alter the retirement age of Superior Court Judges at this juncture.

We respectfully submit that constitutional amendments relating to the judiciary should be undertaken only after careful consideration of their long-term impact on judicial independence, public confidence, and the constitutional framework of the Republic.

Accordingly, the Colombo Law Society respectfully urges Your Excellency to give the fullest consideration to the concerns expressed by the legal profession and to refrain from proceeding with any constitutional amendment seeking to extend the retirement age of Judges of the Court of Appeal and the Supreme Court.

We remain confident that Your Excellency will continue to uphold and safeguard the independence, integrity, dignity, and public confidence in the judiciary, which remain essential to the preservation of the Rule of Law and democratic governance in Sri Lanka.

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Freedom 250: US Embassy celebrates America’s 250th Independence Day through magic of American cinema

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Fireworks illuminate the Colombo night sky on Thursday as the US Embassy in Sri Lanka commemorated America’s semiquincentennial—the 250th anniversary of the United States’ independence.

The US Embassy in Sri Lanka commemorated America’s semiquincentennial—250 years of independence—with Chief Guest, Minister of Health and Mass Media Nalinda Jayatissa, and hundreds of Sri Lankan partners, government officials, business leaders, diplomats and friends of the United States, at a Freedom 250 celebration honouring the enduring power of freedom through the lens of American cinema. The July 2 celebration highlighted the ideals that have shaped the United States for two and a half centuries—individual liberty, self-government, freedom of expression, and the belief that free people can dream, create, and shape their own future. The Embassy grounds were transformed into an immersive cinematic experience, celebrating how American films have reflected those freedoms while inspiring audiences across generations and around the world, including in Sri Lanka.

Welcoming guests to the celebration, Chargé d’Affaires Jayne Howell reflected on the profound connection between American freedom and cinematic storytelling. “Tonight, we celebrate 250 years of American independence by honouring one of our nation’s greatest gifts to the world—the art of cinema,” she said.

“For more than a century, American filmmakers have used their creative freedom to craft stories that resonate across every border and culture. From the opening of the world’s first dedicated movie theater in New Orleans, in 1896, to the groundbreaking animation of Snow White, from the sweeping epics like The Godfather to the technological marvels of Avatar, Star Wars and Jurassic Park, and classics like The Bridge on the River Kwai—filmed in Sri Lanka and forever linking the island to Hollywood history—our films reflect the very freedoms we celebrate today—the freedom to dream boldly, to question deeply, and to imagine new possibilities.”

CDA Howell continued, “As we share this cinematic journey with our Sri Lankan friends—fellow champions of democracy and freedom—we’re reminded that the best American stories are universal stories. They speak to the courage we see in The Wizard of Oz, the unity we witness in The Avengers, the wonder we experience through E.T., the spirit of exploration and achievement captured in films like Apollo 11, and the resilience we admire in Forrest Gump. Tonight, we celebrate not just American cinema, but the freedom that makes it possible—the freedom to tell any story, to show America at its best and its most complex, and to believe that movies can change how we see ourselves and each other. That freedom is what we honour on this 250th anniversary and the enduring values that will guide us forward.”

The evening opened with a stunning visual spectacle: rooftop screens displayed on the Embassy building celebrating 250 years of American independence and commemorating the signing of the Declaration of Independence on July 4, 1776. The centerpiece was an open-air screening, under the stars, featuring carefully curated clips that traced American cinema’s evolution—from silent films that established visual storytelling techniques still used today, through Disney’s Snow White and the Seven Dwarfs (the first full-length animated feature), The Matrix’s groundbreaking “bullet time” effects, to Christopher Nolan’s The Dark Knight, which redefined superhero cinema as a vehicle for exploring complex questions about justice and society.

The celebration concluded with fireworks illuminating the Colombo sky as the III Marine Expeditionary Force Band, the US Marine Corps’ forward-deployed band in the Indo-Pacific region, based in Okinawa, Japan, performed a montage of American songs that have inspired generations. Guests enjoyed a menu featuring high-quality US beef and other American food and beverages, showcasing the global reputation of American agricultural exports.

As the United States marks 250 years of independence, Freedom 250 celebrates the enduring idea that has defined America since 1776—that freedom unlocks human potential, fuels creativity and innovation, and empowers individuals to shape a better future. Through education, trade, investment, security cooperation, and the enduring ties between our people, the United States and Sri Lanka continue to strengthen a partnership built on opportunity and shared democratic values.

The US Embassy extends its sincere gratitude to the generous sponsors whose support made this year’s Independence Day celebration possible, including Diamond Sponsors Brandix, Hayleys, Hirdaramani, MAS Holdings, Mastercard, RM Parks, and Visa, along with our other valued partners.

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CA dismisses application filed by Yoshitha seeking to quash conspiracy charge in money laundering case

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The Court of Appeal yesterday dismissed a revision application filed by Yoshitha Rajapaksa seeking to quash a conspiracy charge in the money laundering case, pending before the Colombo High Court.

Rajapaksa had challenged the conspiracy count in the indictment filed by the Attorney General, under the Prevention of Money Laundering Act, contending that the charge was not legally maintainable.

A Court of Appeal Bench, comprising Justices Amal Ranaraja and Dr. Sumudu Premachandra, rejected the application, ruling that the conspiracy charge could proceed before the Colombo High Court.

The ruling clears the way for the High Court to continue hearing the money laundering case, filed by the Attorney General against Rajapaksa.

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