Connect with us

News

Full implementation of 13A: NFF vows to torpedo Ranil’s move, asks Dinesh, Mahinda to disclose their stance

Published

on

By Shamindra Ferdinando

The National Freedom Front (NFF), a constituent member of Nidahas Janatha Sandhanaya (NJS), has declared that it would oppose President Ranil Wickremesinghe’s bid to fully implement the 13th Amendment to the Constitution. The patriotic people were ready to defeat such plans, even at the expense of their lives, the party has vowed.

The breakaway JVP faction consists of six MPs, including former minister Wimal Weerawansa. The NJS is contesting the Local Government polls, scheduled for March 09, under the ‘Helicopter’ symbol.

NFF spokesperson, MP Jayantha Samaraweera, on Monday (30), told the media that his party was ready to lead a campaign against the UNP leader’s move to do away with constitutional safeguards meant to ensure Sri Lanka’s unitary status. The Lawmaker addressed the media at the NFF main office, at Pitakotte.

Having declared his intention to fully implement the controversial constitutional amendment at the Thai Pongal celebrations, in Jaffna, on January 15, President Wickremesinghe reiterated his commitment to the Eelam project during the party leaders’ meeting at the Presidential Secretariat, the former State Minister said.

Lawmaker Samaraweera asked Prime Minister Dinesh Gunawardena, and twice President Mahinda Rajapaksa, who had flanked President Wickremesinghe, at the party leaders’ meeting, to disclose their stand on 13th Amendment.

The Nidahas Janatha Sandhanaya, consisting of NFF, Democratic Left Front, Communist Party, Lanka Samasamaja Pakshaya, Pivuthuru Hela Urumaya, Vijayadharani Jathika Sabhawa, Yuthukama, Sri Lanka Freedom Party, Nidahasa Janatha Sabhawa, Jana Jaya Peramuna, Sri Lanka Mahajana Pakshaya and Nidahas Janatha Peramuna, has yet to disclose its position on this issue.

MP Samaraweera attacked the President, close on the heels of NFF leader Wimal Weerawansa, who is also the Chairman of the Uththara Lanka Sabhagaya (ULS), questioning the legitimacy of the move. Lawmaker Weerawansa addressed this issue at a meeting held at the BMICH, on January 26, to discuss ways and means to thwart the move to privatize the CEB.

The ULS consisting of seven political parties, and groups, is aligned with the NJS.

Referring to the circumstances UNP leader Wickremesinghe re-entered Parliament, through the National List, nearly a year after the last General Election, former Minister Weerawansa emphasized the President didn’t have a mandate to fully implement the 13th Amendment. How could the UNP leader abolish Sri Lanka’s unitary status, having received an opportunity to complete Gotabaya Rajapaksa’s remainder of five-year term, won at the Nov. 2019 Presidential Election.

The MP challenged their erstwhile comrades, in the JVP, to state their position on the 13th Amendment. Alleging that the JVP had been conveniently silent on the issue at hand, MP Samaraweera asked whether the current leadership would take up Wickremesinghe’s challenge.

In addition to Weerawansa and Samaraweera, Yuthukama leader Gevindu Cumaratunga, MP, has declared opposition to the President’s move, at the party leaders’ meeting.

Of the SLPP parliamentary group, retired Rear Admiral Sarath Weerasekera is the only MP to publicly oppose Wickremesinghe’s proposal.

Political sources said that the NJS, as a group contesting the forthcoming LG polls, was yet to deliberate this issue and take a stand. They said that consensus was required without further delay as the President’s proposal would be a major issue at the forthcoming election.



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Lanka to lend US$2.5bn to US and top-rated borrowers in 2023 under IMF deal: analysis

Published

on

ECONOMYNEXT – Sri Lanka is projected to lend 2,533 million US dollars mainly to the US and Euro areas during an International Monetary Fund deal in 2023 including a mandatory 1.4 billion US dollars collected from exports and remittances, according to official documents.

Sri Lanka is expected to get two tranches of 331.2 million dollar (254 million special drawing rights each) in March and September 2023 from the IMF.In 2023 Sri Lanka has to repay 256.4 million dollars from an earlier IMF loan taken during an earlier currency crisis.

Net inflows from the IMF would be 406.12 million US dollars in 2023 if the first review is completed in September 2023.Sri Lanka has committed to collect at least 1.4 billion US dollars from remittances and exports and lend to the US and other developed nations during 2023 under the IMF deal.

A large volume has already been collected. An ad hoc peg is now operated under the IMF deal to buy dollars and export to the West, as ‘below-the-line outflows. Sri Lanka’s foreign reserves are usually loaned to highly rated sovereign or sovereign linked borrowers, mainly in the US.

But there have been amounts of Euro assets in Sri Lanka’s foreign reserves at times, triggering forex losses when the dollar to Euro parity changed.Under the IMF program there is a performance criterion to increase net international reserves by 1,948 million dollars during 2023.

Sri Lanka is also expected to repay a 200 million US dollar swap to Bangladesh during 2023, which will also raise the NIR.At the moment Sri Lanka’s central bank is in debt after borrowing from India, Bangladesh, India including on Asian Clearing Union dues as well as the IMF. Year end net international reserves would still be negative.

Sri Lanka’s gross reserves are expected to rise by 2.5 billion US dollars to 4.4 billion US dollars in 2023 indicating that the country will lend 2.5 billion US dollars to the US and other highly rated borrowers. It may include re-invested interest coupons.

Sri Lanka is also expected to get 650 million dollars from the Asian Development Bank and 250 million dollars from the World Bank as part of partner support for the IMF deal. Outside of core monetary reserves linked to reserve money, balances in Treasury accounts are also counted as forex reserves.

Continue Reading

News

BASL writes to IGP over protest against Saliya Peiris

Published

on

The BAR Association of Sri Lanka (BASL) has condemned a protest staged outside the Law of Chamber of BASL President Saliya Pieris, PC on Friday.The protest was staged against the representation of Saliya Pieris, PC for notorious Sri Lankan drug kingpin Nadun Chinthaka alias “Harak Kata”.

Condemning the protest, BASL said in a statement that Saliya Pieris, PC was only conducting his professional duties with regard to a particular client.

“We are of the view the said protest seriously hinders his right to represent a client, a professional right which has been safeguarded by law,” it pointed out.

The BASL called on the Inspector General of Police (IGP) to take action to ensure that Saliya Peiris’s professional duties as an Attorney-at-law, are not hindered and to ensure his safety.

Full text of the letter: ” We write with reference to an organized protest outside the chamber of Mr Saliya Pieris, President of the \Bar Association of Sri Lanka.

We have been made aware the said protest relates to Mr. Pieris conducting his professional duties with regard to a particular client. We are of the view the said protest seriously hinders his right to represent a client, a professional right which has been safeguarded by law.In the case of Wijesundara Mudiyanselage Naveen Nayantha Bandara Wijesundara v Sirwardena and Others (SCFR 13/2019), the Supreme Court observed that:

“The first piece of legislation passed by the Parliament soon after the promulgation of the 1978 Constitution was the Judicature Act No. 02 of 1978. As the administration of justice in any civilized society cannot be effectively implemented without lawyers, the legislature in its wisdom, through the Judicature Act, established the legal profession.

Thus, there is no dispute that the legal profession is a sine qua non for the due administration of justice in this country and for that matter in any civilized society. The said profession is essential for the maintenance of the Rule of Law and maintenance of law and order and its due existence is of paramount importance to the organized functioning of the society which is primarily the basis for the smooth functioning of the country as a whole.”

Further, Section 41 of the Judicature Act which has clearly set out the right of representation, and, has further shed light on the above mechanism established for implementing the administration of justice in the country.

It is as follows; Section 41 of the Judicature Act (Right of Representation)

(1) Every attorney-at-law shall be entitled to assist and advise clients and to appear, plead or act in every court or other institution established by law for the administration of justice and every person who is a party to or has or claims to have the right to be heard in any proceeding in any such court or other such institution shall be entitled to be represented by an attorney-at-law.

(2) Every person who is a party to any proceeding before any person or tribunal exercising quasi-judicial powers and every person who has or claims to have the right to be heard before any such person or tribunal shall unless otherwise”

Therefore, we strongly demand that you take action to ensure that Mr. Peiris’s professional duties as an Attorney-at-law, are not hindered and to ensure his safety.”

Continue Reading

News

State need not do business, says Ranil, seven SOEs to be divested

Published

on

ECONOMYNEXT – The State need not engage in business as its mandate is to provide services such as education and maintain law and order, President Ranil Wickremesinghe said Thursday defending plans to divest government-held shares of seven state owned enterprises (SOEs).

At a discussion at the presidential secretariat on Thursday morning, Wickremesinghe responding to a question about the decision said that Sri Lanka must no longer hold on to corporations and enterprises owned by the government.

Sri Lanka has been spending more on the state-run Ceylon Electricity Board (CEB) and the Ceylon Petroleum Corporation (CPC) than it has on education, he said.The following seven SOEs will undergo the divestment of state-held shares: Sri Lankan Airlines Ltd including Sri Lankan Catering Ltd, Sri Lanka Telecom PLC, Sri Lanka Insurance Corporation Ltd,

Canwill Holdings Pvt. Ltd., (Grand Hyatt Hotel), Hotel Developers Lanka Ltd., (Hilton Hotel Colombo), Litro Gas Lanka Ltd., including Litro Gas Terminals (Pvt) Ltd., (LPG retailing), and Lanka Hospital Corporation PLC

The State Owned Enterprises Restructuring Unit of the Ministry of Finance, Economic Stabilisation and National Policies will oversee the process, a statement said.

“Not all of them are loss making. But we do have to repay debt. You can’t keep these and pay back loans.

“If we can’t pay off our loans, we might have to sell something in the house and pay it,” said Wickremesnghe.

Asked why Sri Lanka should sell SOEs that aren’t making losses, he responded: “Why is the state engaged in business? That’s not our mandate. The state has no business engaging in business.”

“In what country is there a law that these (businesses) should be (held by the state)?” he added.

Noting that the crisis-hit nation is trying to embark on a path of recovery and rapid development, the president said Sri Lanka must follow India’s example.

“India is selling their airports, profit making ones. India has come to that stage. We have to go there too.”

Continue Reading

Trending