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Nuland accuses China of failing to help SL with ‘credible and specific assurances’ acceptable to IMF

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Nuland addressing the media in Colombo (pic by Thushara Atapattu)

US hopes LG polls will be held in March

By Saman Indrajith

US Under Secretary of State for Political Affairs, Victoria Nuland, yesterday said China had not provided credible and specific assurances to the International Monetary Fund (IMF) for Sri Lanka to overcome the current economic crisis.

Addressing the media in Colombo, Nuland said: “What China has offered so far is not enough. We need to see credible and specific assurances that they will meet the IMF standard of debt relief. We, the United States, are prepared to do our part. Our Paris Club partners are prepared to do their part. India has made strong commitments that it will provide the credible assurances the IMF is looking for.”

Nuland said that India and the Paris Club had given strong assurances to the IMF to help Sri Lanka to obtain a $2.9 billion bailout.

“We want to see an IMF program as quickly as possible. That is what Sri Lanka deserves; that is what Sri Lanka needs,” Nuland said.

Nuland said the US would give Sri Lanka an additional USD 30 million to provide 96,000 schoolchildren with food.

She said Sri Lankans had taken to the streets, last year, demanding cleaner, accountable and inclusive governance, with transparency, and the government was expected to hold the elections to enable people to enjoy their democratic rights.

Nuland said that the US was glad to see that consultation between the government and other parties towards reconciliation had commenced. She said that she had met with members of the Tamil political parties, earlier yesterday. “We hope that the dialogue will continue to achieve real results such as return of the lands to their rightful owners.”

Nuland said that the US hoped that local elections would be held in March, the dialogue commenced for reconciliation would continue, and the Prevention of Terrorism Act would be reformed to meet international standards.



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Opposition holds NPP Cabinet responsible for coal scam, three times bigger than bond fraud

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Prof. G. L. Peiris

The Opposition yesterday called for the entire Cabinet-of-Ministers to accept responsibility for the coal scam. Addressing the media at the Flower Road Office of UNP leader Ranil Wickremesinghe, former Foreign Minister Prof. G. L. Peiris emphasised that Energy Minister Kumara Jayakody’s resignation, in the wake of the damning report issued by the National Audit Office (NAO), has now implicated the entire Cabinet-of-Ministers.

Prof. Peiris asserted that Jayakody, who had been indicted in the Colombo High Court over alleged corruption, during the Yahapalana administration, stepped down after the NPP failed to suppress the truth on the coal scam.

The ex-Minister declared that Jayakody’s resignation, the first since the formation of new government, with a super majority in Parliament, was a devastating setback for the current dispensation.

The internationally recognised legal scholar said that a future government would move courts against the entire NPP Cabinet. Referring to the NAO report submitted to Parliament, Prof. Peiris emphasised that there was absolutely no ambiguity regards allegations directed at the Energy Ministry. The NAO report proved that the Indian company, Trident Champhar, that won the major contract, didn’t even have the required registration.

Prof. Peiris said that the coal scam was three times bigger than the Treasury bond scams, perpetrated during the Yahapalana time (SF)

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Case against Yoshitha and Daisy Forrest postponed

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The Colombo High Court yesterday ordered that the case, filed under the Prevention of Money Laundering Act against Yoshitha Rajapaksa, son of former President Mahinda Rajapaksa, and his grand-aunt Daisy Forrest Wickramasinghe, be recalled on June 10.

The case was taken up before High Court Judge Rashmi Singappuli.

At the hearing, State Counsel informed the court that a related case, on similar charges, had been filed before High Court No. 08. The court was further informed that a revised indictment has been directed to be filed in that case, necessitating the submission of a revised indictment in the present case as well.

State Counsel requested time to report on the progress of those proceedings.

Accordingly, the judge ordered that the case be called on June 10 and directed that progress be reported on that date.

The case pertains to three indictments filed by the Attorney General alleging that between March 31, 2009, and December 12, 2013, the accused had committed an offence under the Prevention of Money Laundering Act by depositing over Rs. 59 million in three private banks, the source of which could not be explained.

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Three-judge bench rejects request by ex-IGP Pujith

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 A three-judge bench of the Colombo Special High Court yesterday rejected a request by former Inspector General of Police (IGP) Pujith Jayasundera to introduce additional facts to a statement he had previously made from the dock.

Jayasundera is an accused in the case filed over alleged criminal negligence in failing to prevent the 2019 Easter Sunday terrorist attacks, despite prior intelligence warnings.

The order was delivered by the bench, presided over by Justice Priyantha Liyanage.

Meanwhile, retired Senior Deputy Inspector General (SDIG) Nandana Munasinghe and Deputy Inspector General (DIG) in charge of the Eastern Province, Waruna Jayasundera, appeared before court as defence witnesses.

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