Midweek Review
Developing economic crisis:Truth unravelled before COPE
By Shamindra Ferdinando
A COPE (Committee on Public Enterprises) meeting on May 25, chaired by Prof. Charitha Herath (SLPP National List), revealed the devastating truth about the utterly irresponsible public finance management that led to the ruination of the national economy.
A two-page press release in Sinhala issued by Janakantha Silva, Director Legislative Services and Acting Director of Communications, on the same day, disclosed how the incumbent dispensation caused the unprecedented meltdown.
But, the releasing of video footage of the entire meeting by the Parliament helped the public to clearly understand how the Finance Ministry, the Central Bank of Sri Lanka (CBSL), the Monetary Board, the then Presidential Secretary Dr. P.B. Jayasundera, the Cabinet of Ministers and the Parliament contributed to the debilitating economic-political and social crisis. The COPE meeting should attract Attorney General Sanjay Rajaratnam’s immediate attention. The Bar Association of Sri Lanka (BASL), too, cannot turn a blind eye to the shocking exposure of a seriously flawed public finance system and nothing but a negligent and incompetent Parliament.
During the proceedings, top Samagi Jana Balavegaya (SJB) member of the parliamentary watchdog committee, Dr. Harsha de Silva declared the appointment of ‘RW’ as the Finance Minister in addition to being the PM. When the former UNPer’s COPE colleagues raised eyebrows, Dr. de Silva quickly said: “Sorry. Mr. Ranil Wickremesinghe.’ A smiling Prof. Herath reminded that PM Wickremesinghe was Dr. de Silva’s former boss. The SJB’s economic guru de Silva functioned as State Minister for National Policies and Economic Affairs.
The then yahapalana premier held the Cabinet portfolios of those subjects. At the time the Treasury bond scams that had been blamed on Wickremesinghe and Company were perpetrated in Feb 2015 and March 2016, the CBSL functioned under the purview of Wickremesinghe’s ministry. So in actual fact Dr. Harsha de Silva, having been part of that yahapalana team that messed things up at the time in style, is in no position to take a ‘holier than thou stand’ now.
Similarly Champika Ranawaka, too, is under many a cloud. When he was the Power and Energy Minister, his bosom pal, then Chairman of the CEB, figured in the notorious Panama papers. So whose money had the then CEB Chairman Anura Wijepala banked in hidden accounts offshore?
Among those who had been at the meeting, summoned by the COPE, were Director General, Internal Audit, Finance Ministry Mrs. Deepika Colombage, Chief Financial Officer, Finance Ministry B.K.R. Balasooriya, Finance Secretary K.M. Mahinda Siriwardana, CBSL Governor Dr. Nandalal Weerasinghe, Deputy CBSL Governor T.M.J.Y.P. Fernando, Director General, Finance Ministry Hemal Kasthuriarachchi, Assistant Governor, CBSL Ananda Jayalath, Director, International Operations Department, CBSL Dr (Ms) D.S.T. Wanaguru, Monetary Board member Sanjiva Jayawardena, PC, Monetary Board member Dr. Ranee Jayamaha, Assistant Governor, K.M. A.N. Daulagala (Secretary to the Monetary Board), Assistant Governor, CBSL K.G.P. Sirikumara, Director, Economic Research, CBSL P.K.G. Harischandra, Director, Human Resources, CBSL A.M. Gunatilake, Director, Payment and Settlement Department, CBSL M.R. Wijewardena, Director, Legal and Compliance Department, CBSL Dr. (Mrs) A.A.I.N. Wickramasinghe , Director, Domestic Operations Department, CBSL Dr. R.A.A. Perera, Additional Director, Facilities Management Department, CBSL S.K.P. Vitharana, Additional Director, International Operations Department, CBSL S. Obeysekara, Chief Accountant, CBSL Mrs D.S.L. Sirimanne, Director, Department of Foreign Exchange Mrs. D.R. Karunaratne and Director, Department of non-bank financial institutions R.M.C.H.K. Jayasinghe.
Of them, only Governor Dr. Weerasinghe, Treasury Secretary Siriwardana and Monetary Board members Jayawardena and Jayamaha responded to the queries raised by the COPE. On behalf of the parliamentary watchdog, its Chairman Prof. Herath, Eran Wickremaratne (SJB), Rear Admiral (retd.) Sarath Weerasekera (SLPP), Rauff Hakeem (SLMC), Madura Vithana (SLPP), Jagath Pushpakumara (SLPP) and Premnath C. Dolawatta (SLPP) raised questions and also commented on the issues at hand. But, the day certainly belonged to SJB lawmakers, Patali Champika Ranawaka, who is also the leader of ’43 Brigade’ and Dr. Harsha de Silva.
At the onset of the proceedings, Prof. Herath, while underscoring the sensitive nature of the impending discussions, declared the 2018 and 2019 Auditor General’s reports on the CBSL were to be examined with the focus on the current status of the apex operation.
SJB MPs on the offensive
After Dr. Weerasinghe and Mahinda Siriwardana made their initial statements and responded to queries raised by Prof. Herath, lawmaker Ranawaka questioned the accountability on the part of the CBSL as well as the Monetary Board for the current crisis. The former minister Ranawaka emphasized that senior officials of both institutions couldn’t, under any circumstances, absolve themselves of the responsibility for bankrupting the country. The Colombo District MP didn’t mince his words when he declared that the top management officers of the CBSL were a handsomely remunerated lot whose culpability in the whole sorry state of affairs couldn’t be ignored.
Pointing out that the government has officially accepted Sri Lanka’s bankrupt status, MP Ranawaka compared how the financial meltdown finally led to street violence, including death of a lawmaker whereas senior CBSL and Monetary Board members who oversaw the ruination of the national economy seemed not to have attracted public attention.
The former JHU heavyweight Ranawaka posed several pertinent questions to those who had been summoned before the COPE regarding the role and conduct of the Secretary to the Treasury, CBSL and the Finance Ministry. Dr. de Silva, too, raised contentious issues at hand relating to the crisis, particularly how the SLPP handled the economy during the March/April 2020 to March 2022 period when CBSL Governor Ajith Nivard Cabraal suddenly resigned after having floated the Rupee. The much delayed decision to float the Rupee caused a catastrophe as it then immediately nosedived against the dollar and other major currencies.
Their relentless probing questions exposed an ugly truth. The shocking exposure of the then Prime Minister Mahinda Rajapaksa who handled the finance portfolio, the then Presidential Secretary Dr. P.B. Jayasundera, himself a former top Central Banker and ex-Treasury Secretary, Governors of the Central Bank Prof. W.D. Lakshman and Ajith Nivard Cabraal, Monetary Board member and Treasury Secretary S.R. Attygalle, the entire Cabinet-of-Ministers chaired by President Gotabaya Rajapaksa and the Parliament to varying degrees has sent shock waves through the political establishment.
COPE proceedings revealed how those who had been responsible for public wellbeing, both at ministerial and official level, simply allowed the situation to deteriorate to such an extent today the government lacked the wherewithal to meet basic requirements. They were most probably waiting for India and China, in rivalry, come to their rescue. The Indian help came but it was too late as the situation had snowballed in next to no time. As to why China dragged its feet might be due more to Rajapaksa sibling and duel citizen Basil increasingly sailing the Lankan ship towards the West, forgetting the fact that we achieved so much in the past thanks to China, including its unquestioning support to us in our fight to defeat LTTE terrorists.
Lawmakers Ranawaka and Dr. Silva pressed the Finance Secretary Siriwardana, Governor Weerasinghe and Monetary Board members on (1) massive tax cut implemented soon after the last presidential election in Nov 2019, contrary to the advice given by the IMF (2) the IMF’s refusal to grant RFI (Rapid Financing instrument) to Sri Lanka in March/April 2020 and (3) printing money (4) colossal losses suffered by the CBSL due to its refusal to float the Rupee.
Officials’ answers flabbergasted COPE. The Finance Ministry, CBSL and the Monetary Board had been mercilessly dominated by the SLPP and did nothing to change the extremely dangerous path the country was taking. The SLPP was hell-bent on continuing with its reckless strategy at whatever consequences.
Conduct of Monetary Board
The Monetary Board consists of five persons – two ex-officio members, Governor, Secretary to the Finance Ministry, and three nominated members. At the time of the issue at hand Prof. W.D. Lakshman and S.R. Attygalle had served on the Monetary Board and the latter as the Secretary to the Finance Ministry as well. The Monetary Board’s appointed members were President’s Counsel Sanjiva Jayawardena, Dr. Ranee Jayamaha (retired Central Bank Deputy Governor) and successful businessman Samantha Kumarasinghe, who put Sri Lanka on the world cosmetic manufacturing map through his Nature’s Secret line of products, which earned the ire of some multinational leaders in the field because of its resounding overnight success.
Dr. de Silva flayed the government over the appointment of Samantha Kumarasinghe, claiming he didn’t know the basics in economics. But SJB economic pundit was apparently not aware that Kumarasinghe has a MBA from the prestigious Harvard Business School like the late A.S. Jayawardena, who, with his Harvard MBA, went on to serve successfully as the country’s Central Bank Governor and Treasury Secretary during some of the most testing times for this country, especially during the Asian financial crisis of 1996 and the terrorist bombing of the Central Bank in 2001.
According to a statement, dated July 15, 2020, issued by the CBSL, Sanjeeva Jayawardena has been appointed with effect from Feb 26, 2020 and Dr Ranee Jayamaha and Samantha Kumarasinghe with effect from June 29,.2020. President Gotabaya Rajapaksa appointed them under section 8(2)(c) of the Monetary Law Act with the approval of the Constitutional Council.
MP de Silva questioned the suitability of Kumarasinghe on the basis of an article he published in the Lankadeepa in which the SJB heavyweight claimed the Monetary Board member expressed views very much contrary to basic economy theories.
Let me reproduce a CBSL statement issued on July 15, 2020 on Kumaasinghe’s appointment. The Island believes it would be fair by the former Monetary Board member.
The text of the CBSL statement: “Samantha Kumarasinghe currently serves as Chairman and Managing Director of several companies in Sri Lanka, Bangladesh and Vietnam that operate in industrial sectors across cosmetics, textile chemicals, household cleaning products, organic food and biological fertilisers.
He currently serves as a member of the Presidential Task Force for Economic Revival and Poverty Eradication (2020), President of Lanka Industry Forum for Empowerment (LIFE) (2018 to date) and Chairman of Cosmetics Sector Advisory Committee at the Ministry of Industries (2016 to date). He has also served in the capacities of member of Presidential Industrialisation Commission (from 2018 to 2019), a board member of the Insurance Board of Sri Lanka (2012 to 2014), a committee member of the Implementation of the Integrated Curriculum, Subjects and Review of Academic Activities Process of the Ministry of Education (2013) and as Commissioner of the Presidential Taxation Commission (2009 to 2010).
Kumarasinghe studied at Royal College, Colombo. He is a chemistry graduate of the University of Peradeniya and an alumnus of the Harvard Business School, USA. He started his entrepreneurial career in 1993 with just 12 employees and was adjudged ‘Entrepreneur of the Year’ in 2008. He was awarded a Presidential National Honours Award in 2019 for his valuable contribution to the country.”
Dr. Jayamaha strongly defended her conduct as a member of the Monetary Board and that of President’s Counsel Jayawardena. Commenting on calamitous decisions to fix the Rupee at 203 and refusal to engage the IMF, Dr. Jayamahaha alleged that Governor Lakshman, Finance Secretary Attygalle and nominated member Kumarasinghe pursued an agenda of their own. Dr. Jayamaha alleged that the Governor’s group always had the majority and therefore, they couldn’t have opposed. Dr. de Silva rejected Dr. Jayamaha’s stand.
The lawmaker insisted that all members of the Monetary Board were equally responsible for the current predicament. The MP suggested that Dr. Jayamaha and President’s Counsel Jayawardena should have gone public to deter the Governor and his colleagues.
SJ hits back
Sanjeeva Jayawardena quite clearly explained how he and Dr. Jayamaha took a common stand on touchy matters. Apropos Sri Lanka’s RFI request and related issues, Jayawardena revealed, beginning early 2020, they on nine different occasions, recommended/suggested engagement with the IMF. Jayawardena also explained their efforts to establish what he called an external debt monitoring mechanism. The President’s Counsel explained how Governor Cabraal acted, contrary too decision taken in respect of floating the Rupee at a proper forum. Jayawardena and Jayamaha have also warned against excessive money printing. Dr. de Silva asked for the minutes of the relevant meetings. The lawmaker reiterated that members of the Monetary Board bear equal responsibility for the current crisis.
One of the most controversial issues was the massive tax cut to the tune of Rs 600 bn implemented by the current dispensation. Treasury Secretary Mahinda Siriwardana asserted that the decision on the tax cut should have been reversed in the wake of the Covid-19 eruption. Dr. de Silva pushed Siriwardana on the issue at hand. The former UNPer asked Finance Secretary Mahinda Siriwardana to reveal the person who decided to implement the tax cut regardless of specific IMF advice at a time the lending agency called for debt restructuring in the wake of Colombo seeking RFI? The lawmaker also wanted the Finance Secretary to confirm whether the Finance Ministry conducted a survey before the controversial decision was made? Lawmaker de Silva asked who dropped the IMF recommendations to the dustbin. Finance Secretary side-stepped the issue in spite of lawmaker Ranawaka attacked the CBSL and the Finance Ministry on the same issue. The Finance Secretary struggled to cope up with the situation whereas Dr. Weerasinghe revealed how the tax cut was ordered. According to Dr. Weerasinghe, there hadn’t been any consultations at any level before they were informed of the disputed decision.
Earlier, Dr. Weerasinghe, in response to probing questions, acknowledged the circumstances Dr. PB Jayasundera decided not to engage the IMF regardless of the precarious economic outlook. Lawmaker Ranawaka repeatedly said that the crisis that had engulfed the country is far worse than the Treasury bond scams, 2019 Easter Sunday massacre or alleged war crimes.
Appearing before the COPE, as well as the Committee on Public Finance (COPF), headed by Anura Priyadarshana Yapa (SLPP) Dr. Weerasinghe last week acknowledged how the Finance Ministry misled the Parliament over the years. There hadn’t been a previous instance of a CBSL Chief going public with the truth. Dr. Weerasinghe told COPE how the Parliament allocated unavailable funds to various ministries on the basis of false estimates. That had been the norm as politicians and officials cooperated in a despicable way to deceive the public.
Dr. Weerasinghe also blamed such irresponsible practices for the current crisis. Perhaps, Dr. Weerasinghe should be especially commended for reminding the COPE of the responsibility of the Parliament in ensuring suitable appointments are made. The CBSL Chief dared to be forthright in his appearances before parliamentary watchdog committees thereby set up new standards in Sri Lanka’s utterly corrupt public services. However, the CBSL Chief, too, cannot exonerate himself of the responsibility for overall irresponsible conduct of the institution, as pointed out by Dr. de Silva in respect of the Monetary Board.
Midweek Review
Year ends with the NPP govt. on the back foot
The failure on the part of the Janatha Vimukthi Peramuna (JVP)-led National People’s Power (NPP) government to fulfil a plethora of promises given in the run up to the last presidential election, in September, 2024, and a series of incidents, including cases of corruption, and embarrassing failure to act on a specific weather alert, ahead of Cyclone Ditwah, had undermined the administration beyond measure.
Ditwah dealt a knockout blow to the arrogant and cocky NPP. If the ruling party consented to the Opposition proposal for a Parliamentary Select Committee (PSC) to probe the events leading to the November 27 cyclone, the disclosure would be catastrophic, even for the all-powerful Executive President Anura Kumara Dissanayake, as responsible government bodies, like the Disaster Management Centre that horribly failed in its duty, and the Met Department that alerted about the developing storm, but the government did not heed its timely warnings, directly come under his purview.
The NPP is on the back foot and struggling to cope up with the rapidly developing situation. In spite of having both executive presidency and an overwhelming 2/3 majority in Parliament, the government seems to be weak and in total disarray.
The regular appearance of President Dissanayake in Parliament, who usually respond deftly to criticism, thereby defending his parliamentary group, obviously failed to make an impression. Overall, the top NPP leadership appeared to have caused irreparable damage to the NPP and taken the shine out of two glorious electoral victories at the last presidential and parliamentary polls held in September and November 2024 respectively.
The NPP has deteriorated, both in and out of Parliament. The performance of the 159-member NPP parliamentary group, led by Prime Minister Dr. Harini Amarasuriya, doesn’t reflect the actual situation on the ground or the developing political environment.
Having repeatedly boasted of its commitment to bring about good governance and accountability, the current dispensation proved in style that it is definitely not different from the previous lots or even worse. (The recent arrest of a policeman who claimed of being assaulted by a gang, led by an NPP MP, emphasised that so-called system change is nothing but a farce) In the run-up to the November, 2024, parliamentary polls, President Dissanayake, who is the leader of both the JVP and NPP, declared that the House should be filled with only NPPers as other political parties were corrupt. Dissanayake cited the Parliament defeating the no-confidence motions filed against Ravi Karunanayake (2016/over Treasury Bond scams) and Keheliya Rambukwella (2023/against health sector corruption) to promote his argument. However, recently the ongoing controversy over patient deaths, allegedly blamed on the administration of Ondansetron injections, exposed the government.
Mounting concerns over drug safety and regulatory oversight triggered strong calls from medical professionals, and trade unions, for the resignation of senior officials at the National Medicines Regulatory Authority (NMRA) and the State Pharmaceutical Corporation (SPC).
Medical and civil rights groups declared that the incident exposed deep systemic failures in Sri Lanka’s drug regulatory framework, with critics warning that the collapse of quality assurance mechanisms is placing patients’ lives at grave risk.
The Medical and Civil Rights Professional Association of Doctors (MCRPA), and allied trade unions, accused health authorities of gross negligence and demanded the immediate resignation of senior NMRA and SPC officials.
MCRPA President Dr. Chamal Sanjeewa is on record as having said that the Health Ministry, NMRA and SPC had collectively failed to ensure patient safety, citing, what he described as, a failed drug regulatory system.
The controversy has taken an unexpected turn with some alleging that the NPP government, on behalf of Sri Lanka and India, in April this year, entered into an agreement whereby the former agreed to lower quality/standards of medicine imports.
Trouble begins with Ranwala’s resignation
The NPP suffered a humiliating setback when its National List MP Asoka Ranwala had to resign from the post of Speaker on 13 December, 2024, following intense controversy over his educational qualification. The petroleum sector trade union leader served as the Speaker for a period of three weeks and his resignation shook the party. Ranwala, first time entrant to Parliament was one of the 18 NPP National List appointees out of a total of 29. The Parliament consists of 196 elected and 29 appointed members. Since the introduction of the National List, in 1989, there had never been an occasion where one party secured 18 slots.
The JVP/NPP made an initial bid to defend Ranwala but quickly gave it up and got him to resign amidst media furor. Ranwala dominated the social media as political rivals exploited the controversy over his claimed doctorate from the Waseda University of Japan, which he has failed to prove to this day. But, the JVP/NPP had to suffer a second time as a result of Ranwala’s antics when he caused injuries to three persons, including a child, on 11 December, in the Sapugaskanda police area.
The NPP made a pathetic, UNP and SLFP style effort to save the parliamentarian by blaming the Sapugaskanda police for not promptly subjecting him for a drunk driving test. The declaration made by the Government Analyst Department that the parliamentarian hadn’t been drunk at the time of the accident, several days after the accident, does not make any difference. Having experienced the wrongdoing of successive previous governments, the public, regardless of what various interested parties propagated on social media, realise that the government is making a disgraceful bid to cover-up.
No less a person than President Dissanayake is on record as having said that their members do not consume liquor. Let us wait for the outcome of the internal investigation into the lapses on the part of the Sapugaskanda police with regard to the accident that happened near Denimulla Junction, in Sapugaskanda.
JVP/NPP bigwigs obviously hadn’t learnt from the Weligama W 15 hotel attack in December, 2023, that ruined President Ranil Wickremeinghe’s administration. That incident exposed the direct nexus between the government and the police in carrying out Mafia-style operations. Although the two incidents cannot be compared as the circumstances differ, there is a similarity. Initially, police headquarters represented the interests of the wrongdoers, while President Wickremesinghe bent over backwards to retain the man who dispatched the CCD (Colombo Crime Division) team to Weligama, as the IGP. The UNP leader went to the extent of speaking to Chief Justice Jayantha Jayasuriya, PC, and Speaker Mahinda Yapa Abeywardena to push his agenda. There is no dispute the then Public Security Minister Tiran Alles wanted Deshabandu Tennakoon as IGP, regardless of a spate of accusations against him, in addition to him being faulted by the Supreme Court in a high-profile fundamental rights application.
The JVP/NPP must have realised that though the Opposition remained disorganised and ineffective, thanks to the media, particularly social media, a case of transgression, if not addressed swiftly and properly, can develop into a crisis. Action taken by the government to protect Ranwala is a case in point. Government leaders must have heaved a sigh of relief as Ranwala is no longer the Speaker when he drove a jeep recklessly and collided with a motorcycle and a car.
Major cases, key developments
Instead of addressing public concerns, the government sought to suppress the truth by manipulating and exploiting developments
* The release of 323 containers from the Colombo Port, in January 2025, is a case in point. The issue at hand is whether the powers that be took advantage of the port congestion to clear ‘red-flagged’ containers.
Although the Customs repeatedly declared that they did nothing wrong and such releases were resorted even during Ranil Wickremesinghe’s presidency (July 2022 to September 2024), the public won’t buy that. Container issue remains a mystery. That controversy eroded public confidence in the NPP that vowed 100 percent transparency in all its dealings. But the way the current dispensation handled the Port congestion proved that transparency must be the last thing in the minds of the JVPers/NPPers holding office.
* The JVP/NPP’s much touted all-out anti-corruption stand suffered a debilitating blow over their failure to finalise the appointment of a new Auditor General. In spite of the Opposition, the civil society, and the media, vigorously taking up this issue, the government continued to hold up the appointment by irresponsibly pushing for an appointment acceptable to President Dissanayake. The JVP/NPP is certainly pursuing a strategy contrary to what it preached while in the Opposition and found fault with successive governments for trying to manipulate the AG. It would be pertinent to mention that President Dissanayake should accept the responsibility for the inordinate delay in proposing a suitable person to that position. The government failed to get the approval of the Constitutional Council more than once to install a favourite of theirs in it, thanks to the forthright position taken by its civil society representatives.
The government should be ashamed of its disgraceful effort to bring the Office of the Auditor General under its thumb:
* The JVP/NPP government’s hotly disputed decision to procure 1,775 brand-new double cab pickup trucks, at a staggering cost exceeding Rs. 12,500 mn, under controversial circumstances, exposed the duplicity of that party that painted all other political parties black. Would the government rethink the double cab deal, especially in the wake of economic ruination caused by Cyclone Ditwah? The top leadership seems to be determined to proceed with their original plans, regardless of immeasurable losses caused by Cyclone Ditwah. Post-cyclone efforts still remain at a nascent stage with the government putting on a brave face. The top leadership has turned a blind eye to the overwhelming challenge in getting the country back on track especially against the backdrop of its agreement with the IMF.
Post-Cyclone Ditwah recovery process is going to be slow and extremely painful. Unfortunately, both the government and the Opposition are hell-bent on exploiting the miserable conditions experienced by its hapless victims. The government is yet to acknowledge that it could have faced the crisis much better if it acted on the warning issued by Met Department Chief Athula Karunanayake on 12 November, two weeks before the cyclone struck.
Foreign policy dilemma
Sri Lanka moved further closer to India and the US this year as President Dissanayake entered into several new agreements with them. In spite of criticism, seven Memorandums of Understanding (MoUs), including one on defence, remains confidential. What are they hiding?
Within weeks after signing of the seven MoUs, India bought the controlling interests in the Colombo Dockyard Limited for USD 52 mn.
Although some Opposition members, representing the SJB, raised the issue, their leader Sajith Premadasa, during a subsequent visit to New Delhi, indicated he wouldn’t, under any circumstances, raise such a contentious issue.
Premadasa went a step further. The SJB leader assured his unwavering commitment to the full implementation of the 13th Amendment to the Constitution that was forced on Sri Lanka during President JRJ’s administration, under the highly questionable Indo-Lanka Accord of July, 1987, after the infamous parippu drop by Indian military aircraft over Jaffna, their version of the old gunboat diplomacy practiced by the West.
Both India and the US consolidated their position here further in the post-Aragalaya period. Those who felt that the JVP would be in a collision course with them must have been quite surprised by the turn of events and the way post-Aragalaya Sri Lanka leaned towards the US-India combine with not a hum from our carboard revolutionaries now installed in power. They certainly know which side of the bread is buttered. Sri Lanka’s economic deterioration, and the 2023 agreement with the IMF, had tied up the country with the US-led bloc.
In spite of India still procuring large quantities of Russian crude oil and its refusal to condemn Russia over the conflict in Ukraine, New Delhi has obviously reached consensus with the US on a long-term partnership to meet the formidable Chinese challenge. Both countries feel each other’s support is incalculably vital and indispensable.
Sri Lanka, India, and Japan, in May 2019, signed a Memorandum of Cooperation (MoC) to jointly develop the East Container Terminal (ECT) at the Colombo Port. That was during the tail end of the Yahapalana administration. The Gotabaya Rajapaksa administration wanted to take that project forward. But trade unions, spearheaded by the JVP/NPP combine, thwarted a tripartite agreement on the basis that they opposed privatisation of the Colombo Port at any level.
But, the Colombo West International Terminal (CWIT) project, that was launched in November, 2022, during Ranil Wickremesinghe’s presidency, became fully operational in April this year. The JVP revolutionary tiger has completely changed its stripes regarding foreign investments and privatisation. If the JVP remained committed to its previous strategies, India taking over CDL or CWIT would have been unrealistic.
The failure on the part of the government to reveal its stand on visits by foreign research vessels to ports here underscored the intensity of US and Indian pressure. Hope our readers remember how US and India compelled the then President Wickremesinghe to announce a one-year moratorium on such visits. In line with that decision Sri Lanka declared research vessels wouldn’t be allowed here during 2024. The NPP that succeeded Wickremesinghe’s administration in September, 2024, is yet to take a decision on foreign research vessels. What a pity?
The NPP ends the year on the back foot, struggling to cope up with daunting challenges, both domestic and external. The recent revelation of direct Indian intervention in the 2022 regime change project here along with the US underscored the gravity of the situation and developing challenges. Post-cyclone period will facilitate further Indian and US interventions for obvious reasons.
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Perhaps one of the most debated events in 2025 was the opening of ‘City of Dreams Sri Lanka’ that included, what the investors called, a world-class casino. In spite of mega Bollywood star Shah Rukh Khan’s unexpected decision to pull out of the grand opening on 02 August, the investors went ahead with the restricted event. The Chief Guest was President Anura Kumara Dissanayake, who is also the Finance Minister, in addition to being the Defence Minister. Among the other notable invitees were Dissanayake’s predecessor Ranil Wickremesinghe, whose administration gave critical support to the high-profile project, worth over USD 1.2 bn. John Keells Holdings PLC (JKH) and Melco Resorts & Entertainment (Melco) invested in the project that also consist of the luxurious Nüwa hotel and a premium shopping mall. Who would have thought President Dissanayake’s participation, even remotely, possible, against the backdrop of his strong past public opposition to gambling of any kind?
Don’t forget ‘City of Dreams’ received a license to operate for a period of 20 years. Definitely an unprecedented situation. Although that license had been issued by the Wickremesinghe administration, the NPP, or any other political party represented in Parliament, didn’t speak publicly about that matter. Interesting, isn’t it, coming from people, still referred by influential sections of the Western media, as avowed Marxists?
By Shamindra Ferdinando
Midweek Review
The Aesthetics and the Visual Politics of an Artisanal Community
Through the Eyes of the Patua:
Organised by the Colombo Institute for Human Sciences in collaboration with Millennium Art Contemporary, an interesting and unique exhibition got underway in the latter’s gallery in Millennium City, Oruwala on 21 December 2025. The exhibition is titled, ‘Through the Eyes of the Patua: Ramayana Paintings of an Artisanal Community’ and was organized in parallel with the conference that was held on 20 December 2025 under the theme, ‘Move Your Shadow: Rediscovering Ravana, Forms of Resistance and Alternative Universes in the Tellings of the Ramayana.’ The scrolls on display at the gallery are part of the over 100 scrolls in the collection of Colombo Institute’s ‘Roma Chatterji Patua Scroll Collection.’ Prof Chatterji, who taught Sociology at University of Delhi and at present teaches at Shiv Nadar University donated the scrolls to the Colombo Institute in 2024.
The paintings on display are what might be called narrative scrolls that are often over ten feet long. Each scroll narrates a story, with separate panels pictorially depicting one component of a story. The Patuas or the Chitrakars, as they are also known, are traditionally bards. A bard will sing the story that is depicted by each scroll which is simultaneously unfurled. For Sri Lankan viewers for whom the paintings and their contexts of production and use would be unusual and unfamiliar, the best way to understand them is to consider them as a comic strip. In the case of the ongoing exhibition, since the bards or the live songs are not a part of it, the word and voice elements are missing. However, the curators have endeavoured to address this gap by displaying a series of video presentations of the songs, how they are performed and the history of the Patuas as part of the exhibition itself.
The unfamiliarity of the art on display and their histories, necessitates broader explanation. The Patua hail from Medinipur District of West Bengal in India. Essentially, this community of artisans are traditional painters and singers who compose stories based on sacred texts such as the Ramayana or Mahabharata as well as secular events that can vary from the bombing of the Twin Towers in New York in 2001 to the Indian Ocean Tsunami of 2004. Even though painted storytelling is done by a number of traditional artisan groups in India, the Patua is the only community where performers and artists belong to the same group. Hence, Professor Chatterji, in her curatorial note for the exhibition calls them “the original multi-media performers in Bengal.”
‘The story of the Patuas’ also is an account of what happens to such artisanal communities in contemporary times in South Asia more broadly even though this specific story is from India. There was a time before the 21st century when such communities were living and working across a large part of eastern India – each group with a claim to their recognizably unique style of painting. However, at the present time, this community and their vocation is limited to areas such as Medinipur, Birbhum, Purulia in West Bengal and Dumka in Jharkhand.
A pertinent question is how the scroll painters from Medinipur have survived the vagaries of time when others have not. Professor Chatterji provides an important clue when she notes that these painters, “unlike their counterparts elsewhere, are also extremely responsive to political events.” As such, “apart from a rich repertoire of stories based on myth and folklore, including the Ramayana and other epics, they have, over many years, also composed on themes that range from events of local or national significance such as boat accidents and communal violence to global events such as the tsunami and the attack on the World Trade Centre.”
There is another interesting aspect that becomes evident when one looks into the socio-cultural background of this community. As Professor Chatterji writes, “one significant feature that gives a distinct flavour to their stories is the fact that a majority of Chitrakars consider themselves to be Muslims but perform stories based largely on Hindu myths.” In this sense, their story complicates the tension-ridden dichotomies between ethno-cultural and religious groups typical of relations between groups in India as well as more broadly in South Asia, including in Sri Lanka. Prof Chatterji suggests this positionality allows the Patua to have “a truly secular voice so vital in the world that we live in today.”
As a result, she notes, contemporary Patuas “have propagated the message of communal harmony in their compositions in the context of the recent riots in India and the Gulf War. Their commentaries couched in the language of myth are profoundly symbolic and draw on a rich oral tradition of storytelling.” What is even more important is their “engagement with contemporary issues also inflects their aesthetics” because many of these painters also “experiment with novel painterly values inspired by recent interaction with new media such as comic books and with folk art forms from other parts of the country.”
From this varied repertoire of the Patuas’ painterly tradition, this exhibition focusses on scrolls portraying different aspects of the Ramayana. In North Indian and the more dominant renditions of the Ramayana, the focus is on Rama while in many alternate renditions this shifts to Ravana as typified by versions popular among the Sinhalas and Tamils in Sri Lanka as well as in some areas in several Indian states. Compared to this, the Patua renditions in the exhibition mostly illustrate the abduction of Sita with a pronounced focus on Sita and not on Ravana, the conventional antagonist or on Rama, the conventional protagonist. As a result, these two traditional male colossuses are distant. Moreover, with the focus on Sita, these folk renditions also bring to the fore other figures directly associated with her such as her sons Luv and Kush in the act of capturing Rama’s victory horse as well as Lakshmana.
Interestingly, almost as a counter narrative, which also serves as a comparison to these Ramayana scrolls, the exhibition also presents three scrolls known as ‘bin-Laden Patas’ depicting different renditions on the attack on New York’s Twin Towers.
While the painted scrolls in this collection have been exhibited thrice in India, this is the first time they are being exhibited in Sri Lanka, and it is quite likely such paintings from any community beyond Sri Lanka’s shores were not available for viewing in the country before this. Organised with no diplomatic or political affiliation and purely as a Sri Lankan cultural effort with broader South Asian interest, it is definitely worth a visit. The exhibition will run until 10 January 2026.
Midweek Review
Spoils of Power
Power comes like a demonic spell,
To restless humans constantly in chains,
And unless kept under a tight leash,
It drives them from one ill deed to another,
And among the legacies they thus deride,
Are those timeless truths lucidly proclaimed,
By prophets, sages and scribes down the ages,
Hailing from Bethlehem, Athens, Isipathana,
And other such places of hallowed renown,
Thus plunging themselves into darker despair.
By Lynn Ockersz
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