News
Economic crisis: Patali calls for punitive action against errant politicians, officials
Parliament disregarded COPE recommendation for PSC
By Shamindra Ferdinando
Eksath Janaraja Peramuna (EJP) leader and SJB MP Patali Champika Ranawaka, MP, has called for the setting up of a special commission to investigate those who bankrupted the economy. Ranawaka said that those who had served as Finance Ministers, Governors of the Central Bank and members of the Monetary Board should be held accountable. He said so addressing the Colombo District convention of the EJP at the New Town Hall, Colombo on Saturday (01).
MP Ranawaka, who has served as a member of the Cabinet under President Mahinda Rajapaksa and Maithripala Sirisena, accused a group of politicians, officials and influential businessmen of causing the economic ruin. He alleged that the group had caused immense harm to the ordinary people.
When the current economic crisis manifested itself in 2020, Prof. W. D. Lakshman served as Governor of the Central Bank and Mahinda Rajapaksa held the Finance portfolio. The five-member Monetary Board at that time consisted of the then Treasury Secretary S. R. Attygalle, ex-top Central Banker Dr. Ranee Jayamaha, senior Attorney-at- Law Sanjeewa Jayawardena and leading businessman Samantha Kumarasinghe. Jayamaha and Jayawardena remain in the current Monetary Board.
The SLPP brought Basil Rajapaksa into the Cabinet as the Finance Minister in July 2021.Alleging that as many as one million families had been badly affected by the current crisis, MP Ranawaka pointed out that none of those responsible for the crisis had been punished.
Flaying the Wickremesinghe-Rajapaksa government for the unprecedented heavy burden imposed on the Employees Provident Fund (EPF) in terms of the now approved Domestic Debt Optimisation (DDO) programme, Ranawaka claimed such action eroded public confidence in the country’s largest fund.Against the backdrop of growing protests against the newly unveiled social security scheme ‘Aswesuma,’ MP Ranawaka called for a genuine effort to identify those who really needed government assistance.
The EJP leader also explained the ongoing efforts to expeditiously expand the party network over the next few months and to cover the entire Colombo district. Declaring that by September this year the EJP would complete district conventions, the former minister said that the Colombo convention would be followed by meetings in Gampaha and Kandy.
During SLPP National List lawmaker Prof. Chritha Herath’s tenure as the Chairman of COPE (Committee on Public Enterprises), the parliamentary watchdog committee called for a thorough inquiry to identify those responsible for the flawed economic decisions.
In May 2022, COPE recommended that a Special Parliamentary Select Committee (PSC) be appointed to probe the reasons for the economic crisis as well as all the officers who had neglected their duties to pave the way for the crisis.
MP Herath is on record as having said that particular COPE meeting decisions taken by a few had negatively impacted the entire country and the investigation needs to be expedited considering the matter as a criminal act. The parliament ignored Prof. Herath’s recommendation and a few months later he was replaced by Dr. Ranjith Bandara.
Latest News
Sun directly overhead Mannar, Periyamadu, Puliyankulam, Welioya and Pulmoddai about 12.11 noon today (30)
The sun is going to be directly over the latitudes of Sri Lanka from 28th of August to 07th of September due to its apparent southward relative motion.
The nearest places of Sri Lanka over which the sun is overhead today (30) are Mannar, Periyamadu, Puliyankulam, Welioya and
Pulmoddai about 12.11 noon.
News
Lanka tracks 11 US-sanctioned Iranian tankers off coast
(AFP) Sri Lanka’s maritime authorities were monitoring a fleet of 11 US-sanctioned Iranian oil tankers just off the island’s southern coast, the foreign minister said Wednesday.
The tankers were spotted close to the Galle harbour where an Iranian frigate, IRIS Dena, was sunk by a US submarine in March, killing 104 sailors. Sri Lanka’s navy rescued 32 Iranian sailors from that frigate.
Iranian vessels have been in limbo, unable to return to their home port because of a US blockade.
Sri Lanka’s Foreign minister Vijitha Herath said the tankers were in international waters where they had freedom of navigation.
“These ships are away from our territorial waters… we have no hold on them, nor have we facilitated them,” Herath told AFP.
The military deployed reconnaissance aircraft and patrol boats to monitor the vessels outside Sri Lanka’s 12-nautical-mile territorial waters, a military official told AFP on condition of anonymity.
“There is no indication of any ship-to-ship transfer of oil or illegal discharge of pollutants, so there is no basis for Sri Lankan authorities to take action against them,” the official said.
Many Iranian merchant vessels moved east towards the Strait of Malacca and Singapore due to US sanctions, while several remained near Sri Lankan waters, authorities said.
Sri Lankan officials said Washington had not formally notified Colombo about sanctioned Iranian-flagged vessels
News
House to debate abolition of Chief of Defence Staff post
Parliament is to debate next Wednesday the Government’s proposal to abolish the post of Chief of Defence Staff (CDS), with the Second Reading of the Chief of Defence Staff (Repeal) Bill scheduled for September 9.
The Bill seeks to repeal the Chief of Defence Staff Act No. 35 of 2009, which was introduced shortly after the end of the armed conflict.
According to Secretary General of Parliament Kushani Rohanadeera, Parliament will meet from September 8 to 11, with the business for the week approved by the Committee on Parliamentary Business chaired by Speaker Dr. Jagath Wickramaratne.
The debate on the Chief of Defence Staff (Repeal) Bill is scheduled to take place from 11.30 a.m. to 5 p.m. on Wednesday, following questions to the Prime Minister and other parliamentary business.
The CDS post was established under the 2009 Act as part of the country’s higher defence command structure.
On Tuesday, September 8, the House will consider two Orders published in Extraordinary Gazettes under the Motor Traffic Act from 11.30 a.m. to 5 p.m., followed by an Opposition motion at the adjournment.
On Thursday, September 10, Parliament will debate a Resolution under the Women’s Empowerment Act.
The final sitting day of the week, Friday, September 11, has been allocated from 11.30 a.m. to 5.30 p.m. for several Private Members’ Motions.
The motions will cover issues including regulation of the petroleum, fuel and water industries, measures to increase the birth rate, protection of the Diyagama Forest, pension deductions affecting Pirivena teachers, food-crop cultivation in mountainous areas, development of the Kithul industry and the establishment of a Faculty of Medicine at South Eastern University.
Questions at the adjournment will be taken up at the end of each sitting day.
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