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House committee warns against privatisation of SLT, citing national security reasons

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The Parliamentary Oversight Committee on National Security has strongly advised the Wickremesinghe-Rajapaksa government against privatising Sri Lanka Telecom (SLT).The 11-member committee, in a report, titled ‘the effects of privatisation of SLT on national security’, which was tabled in Parliament yesterday (09), warned of far reaching consequences of privatisation.

Chairman of the Committee, one-time Deputy Chief of Staff of Navy, Rear Admiral Sarath Weerasekera told The Island that the government should be mindful of the dangers emanating from the much-touted privatisation programme. “Privatisation is certainly not the panacea for all our problems,” the former Public Security Minister said, asserting that the vital telecommunications sector, in private hands, could pose quite a threat to national security.

Field Marshal Sarath Fonseka (SJB) is also a member of the Committee, set up in terms of Standing Orders No 111. Its other members are Chamal Rajapaksa, Chandima Weerakkody, (Prof.) Channa Jayasumana, Charles Nirmalanathan, Sampath Athukorala, U.K.Sumith Udukumbura, (Dr.) Major Pradeep Undugoda, Major Sudarshana Denipitiya and Nimal Piyathissa.

The UNP, which has only one National List member, is not represented in the committee. Lawmaker Weerasekera said that the loss of SLT to ‘outsiders’ could jeopardize national security and expose the country to unprecedented threats.

President Ranil Wickremesinghe has declared both in and outside Parliament the need to privatise the SLT among other public enterprises.The report warned of the grave risk of the LTTE remnants, Tamil Diaspora and others, who backed the separatist agenda here, investing in the SLT.

Declaring that anyone who has backed the LTTE, even remotely, is a terrorist, MP Weerasekera said that such persons/institutions/ groups/organisations should not be allowed to buy any shares. The SLN veteran emphasized the responsibility on the part of the government to take bold decisions. Could we have the national telecommunications provider to the State in the hands of hostile elements, MP Weerasekera asked.

The then CBK administration partially privatised the SLT in 1994. Nippon Telegraph & Telephone Corporation of Japan secured 35% of the SLT but those shares were bought by a Netherlands-based company, called Global Telecommunications Holdings wholly owned subsidiary of Malaysian Usaha Tegas Sdn Bhd. As at today the Malaysian Company holds 44.98% of the stake and the Government holds 49.50%.

With a countrywide customer base of nine mn, the income revenue of SLT in 2022 was Rs. 108 billion and the profit was Rs. 8.46 billion.

The report dealt with threats posed to economic security, energy security, food security, etc., and most importantly cyber security. The report warned the management of a foreign company that may take over the SLT, would be naturally bent to the political policies of the country they belong to.

The committee made the following recommendations:

i. SLT is already partially privatised with international companies holding 44.98% of the stake and the government holding 49.5%. Further privatisation would expose the country’s critical communication infrastructure/sensitive information to private entities whose profit-oriented interests can compromise national security. Hence privatisation of Telecom is not recommended.

ii. Anyone/organisation who had been blacklisted/helped terrorists/extremists in any form should not be allowed to buy any share and have any control over our national assets.

iii. State can buy back the other large shareholder of Telecom as provided for in the agreement, divide the segments into sensitive and vulnerable, excess lands and buildings, critical infrastructure and the business. Whilst retaining the first segments affecting National Security, the state can divest the others holding a major share through Private Public Partnership ensuring critical infrastructure is protected and all government regulations are adhered to. This way the government can exit from doing business whilst making profit and ensuring National Security.



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Joint programme between President’s Fund and Janashakthi Foundation to expand healthcare facilities for children

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(Pic PMD)

A special collaboration between the Presidents’s Fund and the Janashakthi Foundation, aimed at expanding healthcare facilities available to children under the age of 18, was launched on Wednesday (06) morning.

Implemented under the theme “Building a Healthier Today for a Winning Tomorrow”, this national initiative has been introduced through the joint efforts of the President’s Fund and the Janashakthi Foundation with the objective of reducing the financial barriers associated with children’s healthcare.

Under the President’s Fund, only a portion of the medical expenses incurred by a patient is generally covered. However, under this new collaboration, the Janashakthi Foundation will provide either an equivalent amount or the remaining balance of the treatment cost, whichever is lower.

Speaking on the occasion, Secretary to the President’s Fund and Senior Additional Secretary to the President,  Roshan Gamage, stated that the present Government had taken steps to decentralise and digitalise the operations of the President’s Fund, thereby transforming it into a truly people-centric fund. He noted that this had reinforced public confidence in the Fund’s transparency, accountability and effectiveness and added that the collaboration with the Janashakthi Foundation had further strengthened this process.

Gamage further stated that close and meaningful coordination with the private sector would help enhance healthcare assistance provided to children and minimise the gap between the financial aid available and the actual cost of essential medical treatment.

Also addressing the gathering, Managing Director and Group Chief Executive Officer of the Janashakthi Group, Ramesh Schaffter, stated that difficulties in accessing medical treatment constitute a major obstacle preventing children from progressing towards a better future.

He further stated that the collaboration seeks to reduce that obstacle by extending support to children who are in urgent need of assistance, thereby laying the foundation for future generations to face tomorrow with greater confidence.

Under this programme, applicants seeking additional financial assistance are required, when applying to the President’s Fund, to duly complete and submit a consent form authorising the secure sharing of their information with the Janashakthi Foundation.

The identification of children requiring financial assistance, verification of their information and approval of funds will continue to be carried out by the President’s Fund.

Under this initiative, payments will generally be made to the guardians of children following the completion of treatment. However, in cases involving emergency treatment and treatment conducted overseas, payments will be made in advance.

Applicants submitting medical assistance applications to the President’s Fund from 15 May 2026 onwards will be eligible to apply for additional funding from the Janashakthi Foundation.

The event, held at the Hilton Colombo, was attended by J.M. Wijebandara, Director General of Legal Affairs at the Presidential Secretariat and Advisor to the President (Legal Affairs); C.T.A. Schaffter, Founder and Chairman Emeritus of the Janashakthi Group; Gamika De Silva, Group Chief Marketing Officer; Dilshan Wirasekara, Deputy Chief Executive Officer of the Janashakthi Group; as well as officials of the President’s Fund and the Janashakthi Foundation.

President’s Media Division (PMD)

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Maldivian President concludes state visit to Sri Lanka

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The President of the Republic of Maldives, Dr. Mohamed Muizzu, departed Sri Lanka on Wednesday morning (06) from the Bandaranaike International Airport, Katunayake, concluding a successful state visit to the country.

The visit by the Maldivian President and his delegation further strengthened the longstanding friendship and cooperation between the Maldives and Sri Lanka, while delivering a range of mutual benefits to the peoples of both nations.

This marked President Muizzu’s first state visit to Sri Lanka, during which several mutually beneficial areas of cooperation were agreed upon, underscoring the success of the visit.

Minister of Science and Technology, Krishantha Abeysena, Minister of Youth Affairs and Sports , Sunil Kumara Gamage, Member of Parliament Oshani Umanga, along with senior officials of the Ministry of Foreign Affairs, were present at the airport to bid farewell to the Maldivian President, the First Lady and the accompanying delegation.

(President’s Media Division)

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Govt. draws flak over Rs. 500 mn excess Aswesuma payments

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Close on the heels of the USD 2.5 mn theft from the Treasury, the Welfare Benefits Board has reported payment of nearly Rs 500 mn in excess to Aswesuma beneficiaries.

Public action group ‘Free Lawyers’ has raised the latest fiasco to come to light with Speaker Dr. Jagath Wickramaratne, while requesting that the Parliament, in line with its constitutional obligations, initiate an inquiry.

The letter, dated 06 May, signed by Maithree Gunaratne, PC, Attorney-at-Law Athula de Silva, and Rajith Keerthi Tennakoon, on behalf of ‘Free Lawyers’, has alleged that some of the Aswesuma beneficiaries have been paid twice while others received the additional/extra payment.

Responding to The Island queries, Tennakoon said that sheer negligence on the part of those responsible for public finance was shocking.

Alleging that the NPP government seemed to be operating outside basic rules and regulations pertaining to public finances, the former Governor asked the Speaker whether the wrongful Aswesuma payments had been made due to political appointments made at the expense of the experienced and competent staff. (SF)

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