News
State Minister Semasinghe explains measures taken to shore up country’s foreign reserves
By Saman Indrajith
Samurdhi, Household Economy, Micro Finance, Self-Employment and Business Development State Minister Shehan Semasinghe told Parliament yesterday that the country’s net foreign assets were worth USD 1.507 Bn as at November, this year.
The state minister said so while making a ministerial statement on behalf of the Ministry of Finance in response to a question raised by JVP leader Anura Kumara Dissanayake on a previous date.
State Minister Semasinghe said that the government had taken the necessary measures to increase its reserves.
The state minister detailed the measures taken by the government through the following: 1. USD 1 Bn SWAP facility with the Central Bank of Qatar, 2. USD 400 Mn SWAP facility with the Reserve Bank of India (SAARC), 3. USD 300 Mn loan from the Consolidated Loan Facility.
“We have made the necessary arrangements to obtain 500 million USD through currency swaps with the partnership of various global commercial banks,” he said.
The state minister said Finance Minister Basil Rajapaksa during his visit to India reached an agreement for fuel purchases, while the government also had reached agreements for the purchasing of essential goods and medicines.
Sri Lanka aimed for a US$ 12 Bn export revenue by the end of 2021, he said, adding that remittance would also boost the reserves.
News
Complaint to HRCSL alleges woman framed in heroin case
A complaint was lodged with the Human Rights Commission of Sri Lanka (HRCSL) against a Sub-Inspector and a woman police constable attached to the Badowita Police Post of the Mount Lavinia Police Station, alleging that they had falsely implicated a woman in a heroin case.
The complaint was lodged yesterday by family members of the woman through a lawyer, alleging that she was taken into custody by the two police officers on Wednesday and subsequently produced before the Magistrate’s Court.
According to the complaint, the woman was placed in police custody and later learned in court that police had informed the Magistrate that she had been arrested with 10 milligrams of heroin. She was subsequently remanded until next Monday and is due to be produced before the High Court in connection with the alleged possession of heroin.
The complainant alleges that the woman had initially been questioned by the Sub-Inspector and the WPC about suspected narcotic dealers operating in the Badowita area. They claim that, after she failed to provide information, she was taken to the Badowita Police Post and subsequently implicated in the drug case.
The complaint further alleges that the Sub-Inspector has previously been accused of introducing narcotics and falsely implicating individuals in drug cases. The complainants have also alleged that the officer had recorded videos of suspects allegedly being tortured and shown the recordings to his girlfriend.
It also refers to alleged audio recordings circulating on social media concerning complaints made against the officer to the Inspector General of Police and Police Headquarters.
The complainant has further alleged that the officer was involved in a road traffic accident several weeks ago, but that no proper investigation has been conducted.
They also cited a previous allegation that the officer had assaulted a suspect at the police station and subjected him to electric shocks, following which the suspect allegedly collapsed and was admitted to the Kalubowila Hospital.
News
Judge cautions DSG against pressuring prosecution witnesses in immunoglobulin fraud trial
President of the Colombo High Court Permanent Trial-at-Bar, Priyantha Liyanage, while hearing a case involving the alleged fraudulent supply of substandard Human Immunoglobulin to the Ministry of Health and the alleged defrauding of more than Rs. 1.4 billion in public funds, on Wednesday, cautioned Deputy Solicitor General Lakmini Girihagama against preventing prosecution witnesses from answering questions or exerting pressure on them.
“You have brought these witnesses as prosecution witnesses, but once they are before the Court, you cannot stop them from answering or exert pressure on them. The Court is observing your conduct,” the judge said.
The remarks came during cross-examination of a prosecution witness by defence counsel in the case being heard before the Colombo Permanent High Court Trial-at-Bar.
The accused include Sudath Janaka Fernando, owner of Isolez Biotech Pharma, who is facing charges over the alleged supply of substandard and fraudulently manufactured medicines to the Ministry of Health and the alleged defrauding of more than Rs. 1.4 billion in public funds.
During proceedings, defence counsel questioned a pharmacist from Karapitiya Hospital about notifications issued through the Swastha system concerning the withholding of certain pharmaceutical products, including Human Immunoglobulin and products associated with Live Health Biopharma.
The witness repeatedly said he could not remember whether the matters had been raised when the Criminal Investigation Department recorded his statement.
The defence argued that the absence of such information from the witness’s CID statement pointed to deficiencies in the investigation.
The prosecution objected to some of the questions, prompting the judge to clarify that the defence was entitled to examine whether the investigation had been properly conducted.
An Additional Secretary of the Cabinet Office subsequently testified on procedures governing Cabinet memoranda, including their preparation, submission, consideration and approval.
The trial continues.
News
Namal blows whistle on 120,000 MT of coal that allegedly went missing after being shipped here
SLPP National Organiser and MP Namal Rajapaksa yesterday alleged that 120,000 metric tonnes of coal worth approximately Rs. 4.62 billion had gone missing from 19 coal shipments imported into the country.
Addressing Parliament, Rajapaksa maintained that the quantity of missing coal was equivalent to nearly two shiploads and questioned who was responsible for the alleged discrepancy.
“We brought in 19 shipments of coal. But of those 19 ships that arrived, 120,000 metric tonnes of coal have gone missing,” he said, placing the value of the missing coal at Rs. 4.62 billion.
Rajapaksa made the allegation while criticising the government for the procurement of what he described as substandard coal, and challenged its claims of having taken action against corruption.
“You started out by saying you were going to catch thieves. That is now your great slogan,” he told the Government.
Referring to President Anura Kumara Dissanayake’s remark that they had not “eaten and tasted” the coal before purchasing it, Rajapaksa used the phrase metaphorically to allege that coal had been misappropriated both before and after procurement. He said the reported shortage raised questions over the fate of the equivalent of two shiploads of coal.
“Now, who swallowed these two coal ships?” Rajapaksa asked, urging the Government to explain the alleged disappearance.
He also criticised the government’s claim that billions of rupees were available at the Ministry of Finance, saying such financial resources were not reflected in development activity at village level.
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