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Eulogy delivered by Santhosh de Zosya at the requiem for Santha De Zoysa- a Eulogy

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Amma Dearest – you were our queen mum! It is said death ends a life not a relationship. You had a very staid upbringing with a Convent education in Colombo and public school in England.

Later on while reading for your degree at the Peradeniya Campus, your heart was captured by that dashing prosecutor. Both of you hailing from the Sunny Golden shores of the south found romance in the cool of the green hills.

Out of this holy alliance you bore two children. Even if I may say so, two stunning assets. Modesty they say is unbecoming at a time like this.

You handled life’s challenges with serenity. Trials and Tribulations you never took seriously. You knew they were transitory. You shared Kipling’s view that success was a mere impostor!

Your balanced approach to life gave you the ability to enjoy life the way you wanted.

Never did you refuse anybody in need. You were never a taker but a giver Over the years, the charitable handouts I witnessed you giving were immeasurable. I am told the first cheque signed by you was a donation to Lanka Mahila Samithi. However, you were extremely private about it.

You led a good life. I am told you were the cynosure of your contemporaries when driving around in your swanky red M.G. Your spell in the travel trade earned you many accolades from counterparts locally and internationally.

At work, your secretary told me you had never raised your voice to her. You were very accessible to all employees of Monaro and ready to sort out a problem at anytime. Your desk was always neat and tidy and you never passed the buck.

You cut a fine figure walking into a party or a more solemn occasion with equal dignity. Glamour and Style you did not clamour for. It came naturally to you.

Your love and passion for animals put you in the role of a hockey Mum! Some of them you bred. You got your thrills and spills when your horses sprinted to victory or dropped dead while on course.

You enjoyed riding them in your younger days. Lately, your little pet poodle winning at the dog shows put you in a champagne drinking mood. They were nurtured by her with absolute tenderness.

As a friend, she cherished friendships and the consensus is that her beauty was honesty. As a hostess, you made any guest feel royal.

As a mother, she taught us life was the greatest test of endurance!

You put your artistic flare to good use during the time Sri Lanka had a closed economy. I remember organizing our birthday parties was a challenge. You had to hunt for white sugar and wheat flour. I have memories of you calling around going into every nook and cranny in search of these. Once the challenge was overcome, you produced the most beautiful cakes.

My friends still remember the individually painted birthday cards and the attractive packages of take away gifts which were extremely novel.

She was empowered which made her a great lady.

Asjitha, your grandson, when learning of your death said “Amma, you must step into her shoes which may be too large but I will help you fill them in a small way”.

You were always there for your cousins, nieces and nephews. Having their best interest at heart.

Your demise was handled by one of the deadliest assassins of modern times.

Amma dearest, I shall not cry because it is over, but smile because it happened.

Today, we celebrate your life and ask St. Peter to open the pearly gates wide so that God welcomes his dear child, who leaves us with no regrets into his Kingdom which is eternal.

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There’s nothing prescribed as Parliament has failed to enact legislation for contempt of court — Sumanthiran

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TNA MP M. A. Sumanthiran, in an intervention in Parliament, said he was privileged to appear for Ranjan Ramanayake, a clean, honest politician in the Supreme Court and he was proud of that.

Nevertheless, Ranjan Ramanayake was convicted and sentenced. The sentence of four years’ rigorous imprisonment was unprecedented and exceptionally severe, and Parliament has a responsibility in this regard because we have not enacted a law for contempt of court, the MP noted.

At the outset, he said, “I want to flag one or two issues concerning the responsibility of the Parliament in this regard. But before I do that I am bound by law and tradition to disclose my interest in the matter. I am the counsel who appeared for Hon. Ranjan Ramanayake in the Supreme Court”.

This has an implication to the article in the constitution that the Hon. Leader of the Opposition just mentioned because it says for an offense for which the prescribed punishment is two years or more. But there’s nothing prescribed, nothing prescribed in the law because for long Parliament has failed to enact legislation for contempt of court, the TNA MP said.

Although there had been in the public as well, a lot of instances where drafts have been made, we have not done that – that is one. And by failing to do that, it has been like the freedom of the wild ass; anything can be given as a sentence and that is not a good thing.  I don’t want to go into the merits of the case or anything like that, but in this case Parliament has to take steps, to enact a law, he further said.

English law is supposed to be the substantive law because we don’t have a statute law now, and in English law itself scandalizing the court is no longer an offence of contempt of court. But unfortunately the court disregarded that, and has misdirected itself – that’s my position, Sumanthiran continued.

“But I want to bring to your notice a serious lacuna in the law with regard to a statue for contempt of court that has resulted in this unprecedented injustice to an honest Member of Parliament”, he added.

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Colombo share market gallops to all time highs

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The Colombo Stock Exchange (CSE) galloped last week with the benchmark All Share Price Index (ASPI) hitting an all time high on Monday and improving on that performance on subsequent trading days to close the week at 8,463 points on Friday. The more liquid S&P Index that normally trails the ASPI also gained sharply though less so than the benchmark index.

Brokers and analysts attributed the surge to prevailing low interest rates and said that people holding funds in fixed interest instruments have seen greater potential in the stock market and have so far not been proved wrong.

“Take the case of vehicle importers,” said one businessman. “With imports disallowed, cash that would have been once used to replenish inventory becomes available for investment elsewhere. The stock market is a magnet for such funds.”

Also, many companies have resorted to a share split strategy to make their shares both more liquid and more affordable on the market.

“Take the example of a fifty-rupee share split into two. Theoretically, it should then trade at Rs. 25 a share after the split. But often it does better than that at no cost to the company that had split the share because its stated capital remains what it was,” explained and analyst.

“It’s different in the case of bonus shares or scrip issues as they are called where reserves are capitalized to pay for the new shares priced at realistic values.”

Last week the Hayleys conglomerate announced share splits in over a dozen group companies. These ranged from each share being split into ten in the parent company (Hayleys) and thriving subsidiaries like Haycarb and Dipped Products while other companies like Kingsbury split a share into two.

Brokers and analysts said that the current market surge was largely driven by the Dhammika Perera controlled Hayleys and the Ishara Nanayakkara controlled LOLC groups.

Last week Hayleys announced over a dozen share splits including in its recently acquired Singer Group companies. The majority of these involved dividing each share into two though at Singer Sri Lanka each share will be split into three.

The biggest share split ever proposed is one that is pending at EB Creasy (EBC) where each share is to be split into 100. The seldom traded EBC share is quoted at the top end of the CSE sharelist. Analysts said the massive split is intended to pump liquidity into the share and make it more affordable.

“There’s a lot of retail play in the market right now with new investors who recently took some risk doing very nicely in this bull run,” a broker said.

The CSE hit rock bottom after a seven-week closure in March last year.

 

 

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Covid-19 has now spread geographically across SL

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In small numbers to an extensive region

Pandemic situation in Western Province improves

by Suresh Perera

Though there are no big Covid-19 clusters at present, the dreaded virus has spread geographically across the country due to the unrestricted movement of people, a senior medical official said.

“The transmission of the contagion in small numbers to an extensive region was inevitable in a society which remains ‘open’ with inter-provincial travel happening on a daily basis”, says Dr. Hemantha Herath, Deputy Director of Public Health Services.

He said the spillover from the Western province was expected as there was an outflow of people to other districts particularly during the festive season.

“I am not blaming anybody, but a lockdown was not viable when taking into account the economic consequences and the livelihoods of the people. We could have imposed a curfew to restrict travel during the New Year, but we have to consider the fallout of such a measure”, he noted.

It true that geographically numbers have increased within a wide area, but the numbers are small and there are no big clusters as seen at Minuwangoda and Peliyagoda, the senior medical official explained.

Asked whether the pandemic has translated into a community spread as considerable positive cases continue to emerge on a daily basis, Dr. Herath replied, “no, that has not happened. If the Covid-19 situation was beyond control, we would have made a social and community transmission declaration”.

He said the pandemic situation in the Western province has improved with a dip in positive cases. However, the spillover is evident by the jump in figures at provincial level.

“We knew there was a risk, but we had to take it as locking down the country was not the solution

For example, if a Covid-19 patient infects two persons per day, there will be 200 positive cases within 100 days and one can imagine the critical situation that will emerge if the trend is allowed to continue, Dr. Herath continued.

“We are now managing under 1,000 cases per day”, he said, while assuring that the right mechanism is in place to identify positive cases through PCR and rapid antigen screening and place them under medical treatment, isolate and quarantine first contacts of patients”, he further said.

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