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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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Domestic debt restructuring will cripple EPF, ETF – JVP

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By Sirimatha Rathnasekera

The Employees’ Provident Fund (EPF) and Employees’ Trust Fund (ETF) will lose about 600 billion rupees during the proposed domestic debt structuring, Co-Convener of the JVP affiliated National Trade Union Centre (NTUC) Wasantha Samarasinghe claimed.

Samarasinghe is of the opinion that the government is planning not to pay 20 to 25 percent of the loans it has taken from domestic sources. Successive governments have borrowed significantly from the EPF and ETF, he said.

Samarasinghe said that due to the depreciation of the rupee, the real value of EPF and ETF funds had decreased by half. “In such a context, can these institutions take a 20 percent haircut? This might be a big problem to the workers,” he said.

The NTUC Co-Convener said that a number of domestic banks, too, had lent to the government and domestic debt restructuring might lead to a collapse in the banking system.

However, Central Bank Governor Dr. Nandalal Weerasinghe says that they are confident of reaching debt sustainability without re-structuring domestic debt, which would lead to problems in the banking sector.

“There have been concerns among domestic bond investors about rupee debt/internal debt to be restructured following comments made by President Ranil Wickremesinghe to the effect that financial advisors were looking at domestic debt. However, there has been no request to restructure domestic debt. We are confident that we can make debt sustainable without restructuring domestic debt,” Dr. Weerasinghe told the media at the CBSL’s 6th Review of the Monetary Policy stance for this year, at the CBSL head office auditorium, in Colombo, on Thursday.

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Powerful CEBEU says yes to restructuring but on its terms

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Sri Lanka will experience periodic power cuts until 2027 if the government did not take steps to increase electricity production, the Ceylon Electricity Board Engineers Union (CEBEU) said yesterday.Due to electricity shortages, the Norochcholai Power Plant had been operational non-stop, sometimes even without scheduled maintenance, CEBEU President, Saumya Kumarawadu said.

“A generator is down. We will get it back online within 14 days. We had started maintenance on another plant in June and it was to be back online in September. But it has been delayed till November,” he said.

Kumarawadu said there would be 10-hour power cuts without Norochcholai. However, the power cuts could be reduced in two weeks when the generator was restored, he said.

He added that while they support restructuring of the CEB, they oppose de-bundling and selling the CEB to various private actors.

“Power cuts might have to go on till 2026 or 2027 unless new plants come up. A proposal to build an LNG power plant is still languishing in the Cabinet,” he said.

The CEBEU President also said that the electricity tariff was last increased in 2012. In 2014, the tariff was reduced. Without increasing electricity tariffs, the CEB will have to get increasing amounts of money from the treasury.

“The government should have increased the tariff at regular intervals. We haven’t increased in a decade and suddenly we have increased by a large amount.That’s why it has come as a shock to people,” he said.

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SJB opposes blanket privatisations

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… questions logic of selling cash cows like Telecom and Insurance

The SJB was opposed to the privatisation of profit-making government entities, Chief Opposition Whip, MP Lakshman Kiriella, said yesterday, in Colombo.Kiriella said that President Ranil Wickremesinghe had told The Economist magazine that they are thinking of privatising Sri Lanka Telecom and Sri Lanka Insurance.

“These are two institutions that make a profit. What is the point in privatising these?” he asked.

MP Kiriella said that they are not opposed to privatizing SriLankan Airlines, which has been making losses for years.

“We can talk about these things in Parliament. Even when we privatize loss making entities we have to take a number of things into consideration. What will happen to the workers? How will we compensate them? How will we re-skill them? We have to talk about these things openly before doing anything,” he said.

The Chief Opposition Whip said that one of the main reasons why people oppose privatization is because everything is done in secrecy.

“People wonder why things are hidden from them. We need to be open and transparent when we restructure,” he said.

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