Editorial
Erstwhile chums’ fake wrestling
Friday 28th February, 2025
A surge in underworld activities has left the NPP government red-faced, but it has eclipsed all other issues that remain unsolved. Nobody is talking about the high prices of coconuts, rice and other essentials, and the unfulfilled campaign promises of the ruling coalition. Underworld killings have also distracted the public, the Opposition and the media from Budget 2025, its shortcomings, and the government’s failure to bring the perpetrators of unsolved emblematic crimes to justice. Television channels are devoting prime time to vivid narratives about the slain underworld figure, Ganemulle Sanjeewa, tracing his life from the zygote stage to the zipping bullet that felled him in the dock of a court recently. A statement made by Cabinet Spokesman and Minister Dr. Nalinda Jayatissa about a high-profile financial crime has not received much attention.
Answering a question from a journalist at Tuesday’s post-Cabinet media briefing, Minister Jayatissa said the government was trying to have former Central Bank Governor Arjuna Mahendran extradited to stand trial here over the 2015 Treasury bond scams. The case would go on with or without Mahendran being present in court, Dr. Jayatissa said, taking a swipe at former President Ranil Wickremesinghe, who, he said, was duty-bound to help bring Mahendran back. He recalled that Wickremesinghe and Mahendran were friends, and Wickremesinghe had told Parliament as the Prime Minister in the Yahapalana government that Mahendran had left the country to attend a wedding.
We can’t think of anything stupider than to expect Wickremesinghe to help bring Mahendran back and commit political hara-kiri in the process. The JVP/NPP has alleged Wickremesinghe’s complicity in what Mahendran did. The incumbent administration came to power, promising to conduct probes into numerous financial crimes that had gone uninvestigated and bring their perpetrators to justice. But one should not be so naïve as to expect the NPP government to go the whole hog to ensure that all those responsible for the Treasury bond scams are punished, for those rackets took place during a JVP-UNP honeymoon.
One may recall that during a heated argument between NPP leader Anura Kumara Dissanayake and Wickremesinghe, who had just been appointed Prime Minister, in the SLPP government, the latter happened to say that if he divulged certain things, Dissanayake would face serious problems in the JVP. Wickremesinghe’s hard uppercut had the same effect as a stun grenade. The NPP parliamentary group chose to remain silent without calling Wickremesinghe’s bluff. Does Wickremesinghe have aces up his sleeve?
Interestingly, the JVP was part of the Executive Council of the UNP-led Yahapalana government when the first Treasury bond scam was carried out in Feb., 2015, and it had no qualms about continuing to back the UNP to the hilt subsequently. When President Maithripala Sirisena and Mahinda Rajapaksa joined forces to topple the Yahapalana government, the JVP helped Wickremesinghe abort that move, giving that dysfunctional regime a new lease of life to blunder alone, neglect national security and create a situation where the National Thowheed Jamath terrorists could carry out the Easter Sunday attacks with ease. Above all, during the Yahapalana government, the COPE (Committee on Public Enterprises), which probed the Treasury bond scams, under JVP stalwart Sunil Handunetti’s chairmanship, carefully avoided mentioning Wickremesinghe as a suspect, in its final report.
The SJB consists of former UNPers, who unashamedly safeguarded Mahendran’s interests in and outside Parliament during the Yahapalana government and even sought to dilute the COPE report on the Treasury bond scams by having a slew of footnotes incorporated into it. It therefore does not want to open a can of worms by calling for Mahendran’s extradition. The SLPP did not even make a serious effort to have Mahendran brought back while it was in power from 2019 to 2024. Some of its key members stand accused of having benefited from the Treasury bond racketeers’ largesse. So, Mahendran can rest assured that neither the incumbent government nor the Opposition will push for his extradition.
Editorial
When dirty coal leaves farmers in tears
Thursday 26th March, 2026
Coal is not an agricultural output, as is public knowledge, and therefore how on earth it can bring tears to farmers’ eyes, one may ask. But in Sri Lanka dirty coal has not only worsened air pollution in areas surrounding the Norochcholai power plant but also caused untold hardships to farmers across the country, especially in rice-growing areas, besides causing huge losses to the state coffers.
The government has managed to break the back of the fuel-queue problem for all intents and purposes, with the help of the QR-regulated quota system coupled with odd-even rationing. Long queues are seen only in the areas where filling stations have run out of stocks. However, paddy farmers have been left high and dry, without diesel for harvesting; they complain that filling stations in their areas have not received diesel supplies for several days, and they have to pay as much as Rs. 20,000 for harvesting an acre of paddy because diesel is available only on the black market. This situation has come about mainly because huge amounts of diesel are being diverted to the oil-fired power plants to meet a shortfall in electricity generation at the coal-fired Norochcholai power plant due to the use of substandard coal.
The Opposition has claimed that about 800,000 barrels of diesel are supplied to oil-fired power plants to meet the Norochcholai generation shortfall caused by substandard coal daily. This abnormal increase in thermal power generation, due to corruption in the government ranks, has resulted in tremendous pressure on the country’s diesel supplies that could otherwise have been used for transport and agricultural purposes. If the government had cancelled the current coal tender immediately after the first shipment of coal was found to be substandard, and the engineers of the Norochcholai power plant began to complain of a sharp drop in power generation due to the low-quality of coal, it would have been able to save about Rs 8 billion straightaway and prevented further losses due to an increase in the amount of diesel used for power generation. Instead, it chose to retain the current coal supplier under a cloud at the expense of the public, the state coffers and the country’s diesel reserves.
Now, the paddy farmers are unable to gather their harvest and prepare their fields for the next cultivation season, and the Ceylon Electricity Board is seeking a massive power tariff hike to recover losses due to burning diesel to cover the Norochcholai supply gap. The Opposition has repeatedly pointed out in Parliament that the electricity supply shortfall due to dirty coal imports often increases up to 176 MW. Power and energy experts have warned of possible power cuts due to a diesel shortage.
The government has jacked up fuel prices in such a way that one wonders whether it is trying to cover the losses caused by its coal racket and increases in electricity generation costs due to its overreliance on diesel power plants. Cabinet Spokesman Dr. Nalinda Jayatissa claimed at Tuesday’s media briefing that the fuel pricing formula had not been used to work out the current petroleum price increases. He went so far as to claim that the world oil prices had not increased according to any formula. However, Ceylon Petroleum Corporation Managing Director Dr. Mayura Nettikumarage told the media later in the day that fuel pricing formula had been used to determine the fuel price hikes. The pricing formula was introduced to ensure that fuel prices would be cost reflective. So, going by Minister Jayatissa’s claim, the question is why the government has not used the pricing formula to calculate fuel prices. Has it resorted to price gouging?
The JVP-NPP government has sought to use the global energy crisis as an excuse to cover up its coal racket, which has caused a power crisis, but the resentful public will not buy into its false claims and keep quiet. True, the Middle East conflict has caused a global energy crisis, and taken its toll on Sri Lanka’s petroleum reserves and fuel prices. However, we would have faced the current power crisis even if Trump and Netanyahu had behaved, without attacking Iran and plunging the world into chaos.
The previous government blundered by cutting corrupt deals, enabling its leaders and cronies to enrich themselves, mismanaging the economy, causing scarcities, and testing the people’s patience. Its leaders had to outrun angry mobs baying for their blood. When the wolf is at the door, popular support for governments drops to the floor, and people take to the streets. Unless the JVP-NPP government makes an immediate course correction, without defending the corrupt and aggravating the woes of the public, the day may not be far off when its leaders, too, have to showcase their athleticism, if any, and show their pursuers a clean pair of heels each—perish the thought! One may recall that it was irate paddy farmers who fired the first volley at the previous government. They are again on the warpath, demanding diesel and fertiliser.
Editorial
Crisis: Guidelines no silver bullet
Wednesday 25th March, 2026
The JVP-NPP government is slow on the draw whenever it responds to emergencies. Its long response time stood in the way of disaster mitigation in the immediate aftermath of the landfall of Cyclone Ditwah, which triggered a series of adverse weather events, claiming 638 lives and destroying more than 6,100 houses. Its delayed response also prevented the country from adopting emergency measures to manage its meagre fuel reserves immediately after the eruption of the latest Middle East conflict. Instead of reintroducing the QR-based fuel quota system at the first sign of trouble to prevent panic buying and stockpiling, it kept on issuing fuel to the market while hoarders were having a field day. Worse, it has taken three long weeks to issue energy saving guidelines to the state sector, which is bursting at the seams, with one public official for every 15 citizens. Curtailing waste in the state sector is half the battle in reducing national power and energy consumption substantially.
The Commissioner General of Essential Services has directed all state institutions to adopt the following measures to save energy: reducing fuel used for official travel, limiting physical meetings and using online platforms for that purpose, minimising paper and physical document transfers, reducing the use of air-conditioning, limiting elevator use, expanding online services, keeping offices closed outside working hours and monitoring energy saving. Essential as these measures may be, they cannot be considered a silver bullet. Much more needs to be done.
It has been estimated that if every vehicle in the state owned fleet saves one litre of fuel per day, Sri Lanka could reduce fuel use by about 92,000 litres daily. However, it is doubtful whether state employees will cooperate to reduce fuel consumption. The only way to ensure that they will use less fuel, in our view, is to reduce fuel allocation for the public sector. Many developing countries, such as Pakistan, have taken action to curtail energy demand. They have opted for nationwide austerity measures while Sri Lanka has focused more on conservation guidelines to the public sector and reducing commuting fuel use.
There is a pressing need for Sri Lanka to adopt drastic austerity measures to survive the worsening energy crisis. It ought to emulate Pakistan, which has halved fuel allocations for the state sector for two months, taken 60 percent of government vehicles off the road, suspended fuel allowances for ministers, reduced fuel allocations for state officials by 50 percent, and limited official protocol convoys to only one security vehicle.
The JVP/NPP politicians came to power, promising to use public transport. They ought to fulfil that pledge and set an example to others at this hour of crisis. Why can’t they travel in buses and trains at least until the current energy crisis is over? After all, the people’s representatives in some developed countries, such as the Netherlands, Denmark, Sweden, the United Kingdom, Germany and Finland, travel in buses and trains or cycle to work. Why can’t the self-proclaimed Marxist leaders in a country like Sri Lanka lead simple lifestyles like their capitalist counterparts in the Global North?
Most of all, while seeking public cooperation to save electricity and energy, the government must ensure that those who caused a sharp decrease in electricity generation at the Norochcholai power plant complex by procuring low-grade coal are brought to justice. The Opposition alleges a daily generation shortfall up to 170 MW due to the use of substandard coal at Norochcholai. This reduced efficiency has forced other power plants to burn diesel to cover the gap. Huge amounts of diesel are used by oil-fired power plants daily to meet the shortfall in electricity generation at Norochcholai, increasing pressure on the diesel supplies that could otherwise be used by the transport sector.
Unfortunately, the government politicians, including President Anura Kumara Dissanayake, have circled the wagons around Energy Minister Kumara Jayakody and his officials responsible for substandard coal imports, making one wonder whether the entire JVP has benefited from the coal racket.
Editorial
Gloom, doom and a ray of hope
Tuesday 24th March, 2026
The global energy crisis has taken a turn for the worse due to the Middle East conflict. International Energy Agency Executive Director Fatih Birol has issued a dire warning. If the Iran war persists, the world will face a mega energy crisis, whose economic impact will be far worse than those of the two oil crises in the 1970s, taken together, he has said, noting that today the world economy is losing about 11 million barrels of oil a day whereas it lost only five million barrels of oil each per day during the two crises in the 1970s. No country will be safe. However, the predicament of the developing nations, such as Sri Lanka, will be even worse, for their governments increase fuel prices in geometric progression when world oil prices rise in arithmetic progression, so to speak.
At this rate, a global recession may not be far off, economists have warned. Economies across the world are already screaming. But US President Donald Trump, who at the behest of Israeli Prime Minister Benjamin Netanyahu, started the current Middle East conflict, acts whimsically, and a credible endgame is conspicuous by its absence. It is doubtful whether he even has a well-thought-out military strategy. He orders airstrikes on Iran and keeps on pouring taxpayers’ money into an endless war, which may cost Americans more than a trillion dollars eventually, Prof. Linda Bilmes, a Harvard expert, has told The New York Times.
War is synonymous with destruction. In fact, it is hell, as American Civil War General W. T. Sherman famously said. Wars are said to have rules of engagement, but in reality, they are fought according to Rafferty’s rules. The US has used atomic bombs, napalm, Agent Orange, white phosphorus, etc., and carried out numerous massacres besides destroying critical infrastructure in other countries in a bid to win wars. Israel resorted to indiscriminate airstrikes and an equally devastating ground assault in Gaza in retaliation for the Hamas terror attacks. Therefore, the US and Israel should have anticipated fierce resistance and no-holds-barred retaliation from Iran when they carried out unprovoked attacks on that country. It was obvious from the beginning that Iran would shift the theatre of its military action to the economic front to pressure the US and Israel to stop attacks. It has done so with a devastating impact on the global economy. Not that it is totally blameless, but it is the US and Israel that conjured up a casus belli to start the current war and drove Iran to retaliate violently.
Those who started the Middle East war ought to stop it instead of asking Iran to declare a ceasefire, if the global economy is to be saved by reopening vital energy routes in that region. They will only aggravate the situation if they try to reopen the Hormuz Strait militarily. They have already made a series of military miscalculations. Israel and other US allies in the region have Iranian missiles and Kamikaze drones raining down on them. Iran is extending the range and capability of its missiles.
The US and Israel are obviously facing a situation they did not bargain for. They may have thought they would be able to bomb Iran into submission in a day or two and engineer a regime change. Their plan has gone awry. They expected the Iranian civilians to come out and overthrow the beleaguered government, but nothing of the sort has happened.
The best way to reopen the Hormuz Strait for international navigation and help overcome the global economic crisis is for the US and Israel to stop attacks immediately and let the neutral world powers negotiate with Iran, which has shown willingness to soften its stand. Now that Trump and Netanyahu have bragged that they wiped out Iranian nuclear facilities in the first few days of attacks, why they do not stop the war is the question.
It was reported at the time of going to press that President Trump had suspended planned strikes on the Iranian power grid for five days in view of “very good and productive conversations” with Tehran. One can only hope that this window for diplomacy will lead to de-escalation and an enduring ceasefire.
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