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SJB: Rajapaksa family incapable of managing national economy

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BR receives MR’s Finance portfolio

By Shamindra Ferdinando

Prime Minister Mahinda Rajapaksa yesterday (8) gave up his finance portfolio to accommodate founder of the ruling Sri Lanka Podujana Peramuna (SLPP) Basil Rajapaksa in President Gotabaya Rajapaksa’s cabinet.

Basil Rajapaksa took oaths as the Finance Minister while PM Rajapaksa was sworn-in as minister of economic policies and planning before President Gotabaya Rajapaksa at the Presidential Secretariat. PM Mahinda Rajapaksa earlier held finance, economy and policy development. Pushpa Rajapaksa, the wife of the new minister, was present on the occasion.

Jayantha Ketagoda, one of the SLPP’s 17 National List members resigned for Basil Rajapaksa to enter parliament. Ketagoda first entered parliament in 2011 on the DNA (Democratic National Alliance) ticket after war winning Army Commander General Sarath Fonseka lost his parliamentary seat following a court ruling.

Besides Basil Rajapaksa and Mahinda Rajapaksa, Ajith Nivard Cabraal (State Minister of Finance, Capital Markets and State Enterprise Reforms) and Shehan Semasinghe (State Minister of Samurdhi, Household Economy, Micro Finance, Self-Employment, Business Development and Underutilized State Resources Development) would be handling economic matters.

Having taken oaths as the finance minister, Basil Rajapaksa then took oaths before Speaker Mahinda Yapa Abeywardena as a member of parliament. Basil Rajapaksa first entered parliament in 2007 on the National List. He contested the Gampaha district at the 2010 general election. One-time SLFP National Organizer and dual citizen Basil Rajapaksa was away in the US at the time of the 2015 general election. At the last general election in August 2020, Basil Rajapaksa couldn’t contest as the 19th Amendment enacted in 2015 prevented dual citizens joining the fray.

The SLPP government enacted the 20th Amendment in last October at the expense of the 19th to enable dual citizens to enter parliament.

SLPP General Secretary Sagara Kariyawasam, who spearheaded the high profile campaign for Basil Rajapaksa’s return to parliament received his letter of appointment as the Deputy Government Whip, a post previously held by Jayantha Ketagoda.

Asked whether the Samagi Jana Balavegaya (SJB) would like to comment on the Basil Rajapaksa’s return as the Finance Minister, SJB lawmaker Dr. Harsha de Silva said the country was in dire straits. With the government struggling to cope with an extremely difficult situation with no less a person than President Gotabaya Rajapaksa acknowledging his administration faced the daunting task of meeting annual loan commitments amounting to USD 4 bn, the SLPP must be aware of the risks involved.

The former UNP non-cabinet minister said: “They must accept that economics is a science. The Rajapaksa family cannot manage our economy. If they had been capable of doing so, they would have succeeded in creating the miracle of Asia because they have been in control of it since 2005 save about four years (2015-2019). Instead people are suffering immensely. Already black markets have sprung up for foreign exchange and various commodities including fertilizer due to ad hoc political decisions. Take for instance a staple Samba a kilo is Rs 170 even though there was a surplus production of paddy last several seasons. So my advice is that they should listen to professional advice and let markets work while taking care of the needy. But if they are serious about taking this nation forward then they should ditch their import substitution model supported by the Magic Money Tree myth and link Sri Lanka with the world.”

Dr. de Silva reiterated his call for IMF’s intervention as Sri Lanka was not in a position to manage the situation on its own especially against the backdrop of a raging Covid-19 pandemic.

Meanwhile, attorney-at-law Nagananda Koditiwakku told The Island that the Opposition in parliament should be ashamed of its failure to oppose Basil Rajapaksa’s entry on the National List. Alleging that the parliament collectively perpetrated a massive fraud on the people by accommodating a person contrary to Section 99A of the Constitution that stipulated only a person on the NL or contested a district at the last election could enter parliament. Kodituwakku alleged that so called civil society and election monitoring bodies remained silent for obvious reasons.

However, Chairman of the Election Commission attorney-at-law Nimal Punchihewa said that though the 99A dealt with the first round of NL appointments, it was silent on subsequent appointments. According to Punchihewa, stipulation that those named in the original NL or contested the election could be appointed through ad hoc

the NL didn’t apply to appointment made following the resignation of an original member.

With Basil Rajapaksa’s entry the cabinet has been expanded to 28. In terms of the Constitution, the number of cabinet ministers, including the president should be 30.



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Lanka enters new phase of prosecutions as hurdles clear

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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.

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Police warn: Court evaders face property seizure

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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.

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Nearly 20 Iranian tankers stranded off Lanka amid US sanctions

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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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