Editorial

Any port in a storm

Published

4 years ago

2020/10/13

Tuesday 13th October, 2020

The US and its allies are weeping buckets for Sri Lanka, which, they say, is losing its sovereignty owing to its heavy dependence on Chinese loans. They want Sri Lanka to break free from what they call the Chinese debt trap. They are proffering loads of advice, but will not loosen their purse strings to help ‘the victim’. What Sri Lanka needs most at this juncture is financial assistance, and certainly not advice. Will Washington grant Colombo a soft loan without asking for land, a port or permission for its troops to be stationed here in return? Or, will any of the US allies do so?

No other nation is responsible for Sri Lanka’s predicament. Its economy had been in bad shape even before being hit by COVID-19 owing to its mismanagement over the years. Now, the situation has taken a turn for the worse, due to the global health emergency. Left with a choice between China and the IMF to raise funds, Sri Lanka has turned to China, which sent a special delegation here, the other day, and pledged assistance.

It is being argued in some quarters that an IMF programme would have placed Sri Lanka on a debt-sustainable path, from which some credibility would have accrued by way of creditworthiness vis-à-vis the country’s downgraded ratings. Tenable as such assertions may sound, a deal of that nature could open the door to interference by the West and its Asian lackeys in the affairs of this country.

One may argue that Sri Lanka can opt for the Millennium Challenge Corporation (MCC) grant, but there is no such thing as a free lunch anent the US aid as well. On the other hand, the funds on offer are not sufficient, given Sri Lanka’s financial needs, and the MCC compact, too, will have a corrosive effect on the country’s sovereignty; instead of the Chinese, there will be Americans here in their numbers in the event of the compact being inked, as the opponents of the proposed controversial deal argue.

Do those who are urging Sri Lanka to avoid further ‘Chinese debt traps’ and safeguard its sovereignty really feel for it? One may recall that the US-led Co-Chairs of the Tokyo Conference on Reconstruction and Development of Sri Lanka, in the early noughties, lured this country into an aid trap of sorts, endangering its national security and territorial integrity; they had the then UNP-led government give in to the LTTE to the point of compromising the country’s national security and territorial integrity. They did so by tying an aid pledge (USD 4.5 billion) to progress to be made in talks between the government and the LTTE, which was abusing a fragile truce to prepare for the next phase of its war. The Sri Lankan government’s yen for dollars enabled the LTTE to make the most of the flawed ceasefire to take delivery of weapons, regroup, consolidate its power in the North and the East, infiltrate the other areas, and, most of all, move its heavy guns to places from where it could target the Trincomalee Harbour and the Palaly airstrip and cut off sea and air supplies to the troops based in the North. In fact, the LTTE carried out its plan, in 2006, when hostilities resumed, and succeeded in pounding both strategic locations, but luckily precautions had been taken by that time. But for the change of government, in 2004, and the defeat of UNP presidential candidate Ranil Wickremesinghe in 2005, perhaps, the LTTE would have achieved its goal, and the Trincomalee harbour would have been under it, thanks to those who say China has got Sri Lanka to cough up the Hambantota Port.

It has been a case of any port in a storm for Sri Lanka, which is desperate for funds to service its debt and keep its economy afloat. Unfortunately, the focus of the incumbent government is on the political front. It is apparently labouring under the delusion that securing the passage of 20th Amendment to the Constitution is half the battle in resolving the ever worsening economic crisis.

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Editorial

Pledge to catch thieves: All bark and no bite?

Published

5 hours ago

2024/10/10

Sahan Weerasooriya

Thursday 10th October, 2024

SLPP National Organiser and unsuccessful presidential candidate, Namal Rajapaksa, seems to believe that attack is the best form of defence. He has chosen to go on the offensive; he keeps daring the NPP to carry out its election pledge to bring back billions of dollars which, it said, the Rajapaksa family had stashed away in Uganda. He has offered to cooperate with the law enforcement authorities fully if an investigation gets underway! The NPP’s response to his challenge has been to make even more allegations against him and his family and obfuscate the issue.

Most systems in this country have been rigged to protect the corrupt in positions of power. Crooks at the levers of power can cover their tracks. One may recall that anti-corruption activists, the Opposition and the media had to fight quite a battle for months to have the then Minister Keheliya Rambukwella arrested and prosecuted for the procurement of fake and substandard medicinal drugs.

The best opportunity for the self-proclaimed anti-corruption activists to trace and recover Sri Lanka’s stolen funds presented itself after Maithripala Sirisena’s upset win in the 2015 presidential race. The UNP-led Yahapalana government, backed by the JVP, squandered that opportunity by conducting a series of show probes and show trials. The Rajapaksa regime had become a metaphor for corruption, and that was one of the main reasons why the people voted it out of power in 2015, but the politicisation of investigations into allegations of corruption made the Yahapalana anti-corruption drive fall short of its goal, and helped the Rajapaksa family play the victim, gain public sympathy and make a comeback. Worse, the Yahapalana government made a mockery of its commitment to good governance by carrying out the Treasury bond scams and various other rackets. The JVP backed that corrupt regime to the hilt.

The NPP heavyweights who have taken upon themselves the task of bringing the corrupt to justice and recovering the country’s stolen funds are all hat and no cattle, so to speak. During the Gotabaya Rajapaksa government, the JVP/NPP made a public display of a slew of files, which numbered more than 400, claiming that they contained irrefutable evidence against those who had cut corrupt deals and amassed ill-gotten wealth. What has happened to those files is anybody’s guess.

In July 2024, the then President Ranil Wickremesinghe, during a function at the Presidential Secretariat, claimed that most of the files being exhibited by the JVP/NPP were empty and others contained photocopies of original documents, which, he said, were in his possession. Will the NPP government take action to obtain those documents from their erstwhile Yahapalana chum, Wickremesinghe? What one gathered from Wickremesinghe’s snide remark at issue was that the files the NPP was displaying had belonged to the Anti-Corruption Secretariat, which was set up at Temple Trees during the Yahapalana administration. How come those files have ended up in the hands of Wickremesinghe and Dissanayake?

Those who have mastered the art of helping themselves to public funds are adept at hiding their wealth. They use various fronts and shell companies for that purpose, as disclosed by Panama Papers and Pandora Papers. Efforts to disable the rogue global finance industry have so far met with limited success for many reasons, some of which being its sheer size and complexity, political influence, the absence of transparency and its remarkable adaptability. Public Security Minister Vijitha Herath has reportedly ordered a probe into revelations made by the Pandora Papers about some Sri Lankans. This is a welcome measure.

Efforts to trace Sri Lanka’s stolen funds and institute criminal proceedings against the corrupt who have enriched themselves at the expense of the public must go on, but equally important is the task of building robust mechanisms and introducing stringent laws to prevent corruption, and the next Parliament must carry it out as a national priority.

The public may not take Namal’s challenges to the NPP seriously, but having won last month’s presidential election basically on an anti-corruption platform, the NPP will have to make good on its solemn pledge to bring the corrupt to justice and recover the stolen funds. Gone are the days when bribes were carried in briefcases. Today, millions of dollars change hands electronically in faraway money laundering hubs. So, there is absolutely no need for anyone to transport loads of greenbacks in planes.

There is something the NPP government can do expeditiously to stop the barks of crooks. Instead of biting off more than it can chew in trying to nab the corrupt, it must order a fresh probe into the Airbus bribery scam. A British court revealed that Airbus had offered a huge bribe of USD 16 mn to the wife of a SriLankan executive to land a high-value contract here, and paid her USD 2 million initially. It is public knowledge that the person who accepted the bribe only acted as a collector. The NPP must find out who the real beneficiary of the Airbus backhander was. Will Namal dare the NPP to do so?

Editorial

Vital issues about victuals

Published

1 day ago

2024/10/9

Sahan Weerasooriya

Wednesday 9th October, 2024

President Anura Kumara Dissanayake has met a group of food importers and discussed, inter alia, ways and means of making imported food items available to the public at affordable prices, according to media reports. He seems to think that discussions and moral suasion would help persuade the mudalali fraternity to refrain from profit maximisation for the sake of the public. If the government is really keen to serve the interests of the public, it should make a decisive intervention to tackle the problem of market cartelisation, which enables unscrupulous importers and wholesalers to jack up prices and exploit the public.

Egg prices have increased again after a temporary slump. Supporters of the new dispensation naively went so far as to attribute the egg price decrease to Dissanayake’s ascension to the presidency! What egg wholesalers with cold storage facilities did was to bring the egg prices down artificially so that they could buy eggs on the cheap and hoard them before increasing the selling prices. They have the best of both worlds while egg producers and consumers are gnashing their teeth.

Large-scale rice millers have offered to reduce the prices of rice. Never do they act out of altruism, and why have they become mindful of the maximum retail prices all of a sudden? It is not difficult to see through their game plan. They can afford to reduce prices temporarily but their small-scale counterparts cannot do so as they lack the wherewithal. If the prices of rice drop drastically, the small timers in the milling trade will go belly up; the rice market will be even less competitive in such an eventuality, and the Millers’ Mafia will be able to exploit the public to their heart’s content by increasing prices again.

Big-time millers leverage their wealth and political connections to deprive their smaller counterparts of funds for purchasing paddy by delaying bank loans, and fill their silos with paddy bought at lower prices. By the time the small-scale millers receive funds, there is hardly any paddy left for them to purchase and what is available is of inferior quality. This happens year in, year out.

Successive governments have done precious little to help the small-scale millers. The new government should ensure that funds are available for them to buy paddy when harvesting commences. The Paddy Marketing Board should be provided with funds and adequate storage facilities to compete with the Millers’ Mafia so that the farmer and the consumer will benefit. The JVP/NPP government is duty bound to do so because the JVP torched more than 240 agrarian service centres with paddy storage facilities in the late 1980s, according to Maithripala Sirisena, whom it helped become President in 2015.

The Millers’ Mafia employs another ruse to bring the prices of paddy down. It increases the prices of rice ahead of the harvesting season, compelling the government to import rice. When the state-owned warehouses are full with imported rice, the big-scale millers reduce prices, causing the imported rice stocks to rot as locally grown rice agrees with Sri Lankans’ palates more than the imported varieties. When the prices of rice fall, farmers have to sell their paddy at lower prices. After hoarding paddy, the crafty millers increase prices. Unsold imported rice stocks have to be disposed of as animal feed. The only way to end this despicable practice is to conduct raids and confiscate hoarded paddy. One can only hope that the JVP/NPP government will prove equal to the task of taking on the Millers’ Mafia.

Most people believed in the NPP’s pledges and rhetoric and voted for Dissanayake at last month’s presidential election. Having talked the talk—very eloquently at that––President Dissanayake now has to walk the walk. Unless the food importers and wholesalers stop exploiting the public, the government will have to get tough with them unlike the previous governments that chose to play ball with them for obvious reasons.

Wholesalers and importers of food and other essentials fleece the public with impunity thanks to their political links and slush funds, which help them have politicians eating out of their hands. Financiers’ interests take precedence over those of electors after elections.

There is a pressing need to ensure that politicians and their parties disclose the sources of funding so that the public will know who is in the pay of unscrupulous importers and traders. Let the SLPP, the UNP, the SJB, the NPP and other political parties be urged to reveal whether they have received any funds from such elements.

Editorial

Easter carnage probes and AKD’s call

Published

2 days ago

2024/10/8

Sahan Weerasooriya

Tuesday 8th October, 2024

President Anura Kumara Dissanayake, addressing a group of Easter Sunday terror victims, their family members, Catholic priests including His Eminence Cardinal Malcolm Ranjith, and others, at the Katuwapitiya Church, on Sunday, pledged to expedite investigations into the 2019 carnage and ensure that justice would be served fast. In saying so, he only repeated one of his election promises.

President Dissanayake should have addressed the specifics of some issues the Church had raised about the 2019 terror attacks, one being the fate that has befallen the reports of two vital probe committees appointed by President Ranil Wickremesinghe. Spokesman for the Colombo Archdiocese Rev. Fr. Cyril Gamini Fernando, speaking at a discussion on the Easter Sunday terror attacks, recently, demanded to know what had become of the report of a committee President Wickremesinghe appointed to investigate some allegations that Channel 4 (UK) had levelled against Sri Lanka’s military intelligence in respect of the Easter bombings. The Church leaders should have requested President Dissanayake to make that report public.

What characterises the presidential probes in this country is lack of transparency on the part of the Presidents who order them. Committees and commissions are appointed to investigate issues of national importance, but not all their reports are released to the public, who have a right to know their findings. Sri Lankan Presidents have a remarkable ability to swallow committee reports whole!

Leader of Pivithuru Hela Urumaya Udaya Gammanpila, addressing the media yesterday called upon President Dissanayake to release the report of the committee appointed by President Wickremesinghe to investigate the Channel 4 allegation that Sri Lanka’s military intelligence was involved in the Easter Sunday attacks. Gammanpila also asked President Dissanayake to make public the report of the committee appointed by President Wickremesinghe to probe four specific issues concerning actions and responses of Sri Lanka’s military and intelligence officials in relation to the Easter Sunday bombings with special emphasis on the conduct of the head of the State Intelligence Service and the Chief of National Intelligence. That committee was headed by retired judge A. N. J de Alwis.

Gammanpila argued that on Sunday President Dissanayake would have been able to field questions from the victims of terror confidently at the Katuwapitiya Church and provided specific answers thereto if he had perused the aforesaid two reports, copies of which were available with Saman Ekanayake, who served as the Secretary to President Wickremesinghe, and the Attorney General. Whether President Dissanayake has read those reports, we do not know, but if he has not, it is high time he studied them and took action to make them accessible to the public.

There is no need to probe the Easter Sunday attacks all over again, and therefore it is hoped that no attempt will be made to reinvent the wheel. The Presidential Commission of Inquiry (COI) which investigated the 2019 carnage, has presented a corpus of information in its final report although it examined the alleged foreign involvement in the terror bombings perfunctorily. The COI findings could serve as the basis for a future investigation. If a new probe committee/commission seeks to begin from the beginning, investigations are likely to drag on until the cows come home. More than half a decade has already elapsed since the 2019 terror attacks.

The Catholic Church has said the mastermind behind the Easter Sunday carnage is the person who called himself ‘Abu Hind’ and his true identity is known to current Secretary to the Ministry of Public Security Ravi Seneviratne, and the members of the COI. Arresting the suspected terror mastermind will be half the battle in ascertaining who was actually behind the Easter Sunday carnage.

The Ministry of Public Security is now under Minister Vijitha Herath, who can ask Seneviratne, whom he handpicked as his ministry secretary, to reveal the true identity of Abu Hind, and President Dissanayake should make public the reports submitted by the Imam and Alwis committees.

Meanwhile, it is hoped that the NPP/JVP government, which has undertaken to have the Easter Sunday carnage probed thoroughly and serving justice expeditiously will not baulk at going the whole hog in view of the fact that Mohamed Yusuf Ibrahim, father of two National Thowheed Jamath bombers, Mohamed Ibrahim Ilham Ahmed and Mohamed Ibrahim Insaf Ahmed, was a JVP National List nominee in the 2015 general election.