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Govt. will implement PCoI recommendations, but won’t ban BBS

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By Shamindra Ferdinando

SLPP Chairman Prof. G.L. Peiris yesterday (8) ruled out the possibility of proscribing the Bodu Bala Sena (BBS) as recommended by the Presidential Commission of Inquiry (PCoI) that probed the 2019 Easter Sunday attacks.

Addressing the regular weekly SLPP briefing at the Waters Edge, Prof. Peiris, who is also the minister of education, emphasized that the particular recommendation wasn’t acceptable to the government. He described it as a difficult recommendation.

Declaring that the proscription of the BBS wouldn’t do any good, Prof. Peiris said implementation of PCoI recommendations would be the prerogative of the government.

Prof. Peiris assured that the government would implement the remaining recommendations.

Chairman of the PCoI, Supreme Court judge Janak de Silva handed over its report to President Gotabaya Rajapaksa on Feb 1, 2021. Other members of the PCoI were Court of Appeal judge Nissanka Bandula Karunaratne, retired Supreme Court judges Nihal Sunil Rajapaksha and A. L. Bandula Kumara Atapattu and former Secretary to the Ministry of Justice W.M.M.R. Adhikari. H. M. P. Buwaneka Herath functioned as Secretary to the PCoI.

Prof. Peiris said that the Opposition could raise any issue related to the Easter Sunday carnage during the three-day debate scheduled to commence tomorrow (10).

Minister Peiris that the incumbent government would ensure a no holds barred investigation into suicide bombing spree that claimed the lives of 270 and wounded 500 others.

Alleging that the majority of those who had been severely critical of the PCoI hadn’t perused it, Prof. Peiris said that a careful examination of the dossier revealed some critically important factors pertaining to the attacks blamed on the National Thowheed Jamaat (NTJ).

 Prof. Peiris said that many inquired about the alleged involvement of a foreign hand in the NTJ terror project. Against the backdrop of the release of PCoI report many condemned the report claiming it didn’t address contentious issues such as possible foreign hand in the Easter Sunday carnage, Prof. Peiris said.

The SLPP Chairman said that the PCoI had made a revelation about a certain foreign organization. He declined to name the organization.

However, inquiries made by The Island revealed that FETO (Fetullah Terrorist Organization) aka the Gulen Movement

had been named by the PCoI. During PCoI proceedings, it transpired how the previous yahapalana administration had received specific information from Turkey but it chose to ignore the dire warnings. Turkey blamed July 2016 coup attempt on FETO and its US based leader Gulen.

Referring to January 2019 explosives recovery at Wanathavilluwa, Prof. Peiris said that the PCoI emphasized the need to further investigate that particular detection. The PCoI also pointed out how further interrogation of three persons already in custody in connection with the Easter Sunday carnage could help investigators to establish the truth.

Dismissing accusations that the PCoI hadn’t served any useful purpose, Prof. Peiris pointed out that some persons arrested in Qatar were now in Australia. Prof. Peiris said that the attention of the Australian authorities were on them. The Education Minister refrained from going to further details.

Quoting the PCoI, Prof. Peiris also referred to a person, whom he called a leader of an extremist organization responsible for making an alleged attempt to cause massive death and destruction in the wake of the Easter Sunday attacks. Prof. Peiris said that the PCoI had recommended punitive measures against this person in terms of the relevant law.

Commenting on specific recommendations issued in respect of the Easter Sunday carnage, Prof. Peiris said that the police, CID, TID, AG and CIABOC had received those instructions. The PCoI had created a solid framework for relevant authorities to take tangible measures.

Prof. Peiris declined to comment on queries based on various assumptions meant to divert public attention. He emphasized that whatever the breakaway UNP faction, the Samagi Jana Balavegaya (SJB) said the public however was aware they were all part of that utterly pathetic government that failed to thwart the NTJ in spite of having advanced intelligence.

Prof. Peiris called Opposition Leader Sajith Premadasa’s vow to hang all those responsible as nothing but a joke.

Responding to another query, Prof. Peiris said that the previous regime caused mayhem by lifting restrictions in place to prevent undesirable persons entering the country. During Gotabaya Rajapaksa’s tenure as Secretary Defence visas were denied to the majority of those who sought opportunity to address religious issues. The yahapalana lot simply did away with restrictions and essentially failed to take precautions fearing what Prof. Peiris called political repercussions.



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SJB: Excise, FM officials all out to pocket Rs 1 bn

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By Saman Indrajith

Matara District SJB MP Buddhika Pathirana yesterday told Parliament that the Finance Ministry and Excise Department officials had misled Prime Minister Mahinda Rajapaksa and State Minister Ajith Nivard Cabraal in order to obtain billion rupees, fraudulently.

The officials had got a contract for printing stickers or barcodes to be displayed on bottles of liquor awarded to an Indian company.

“The project would result in one-billion-rupee loss to the government coffers annually,” the MP said, adding that the money being taken from the public purse would end up in the pockets of corrupt officials.

Pathirana said that the Excise Department had commenced a project to paste stickers on bottles of liquor to differentiate them from the fake and counterfeit bottles in the market.

“As per this project’s requirements, 32 million stickers would be needed per month. The stickers are to be purchased from Madras Security Printers company of India. This method was proposed in 2016 but it failed and the officials thereafter decided to introduce a barcode system.

“The cost of a sticker at 25 cents and the new barcode system will cost of two rupees a piece. This is a dubious deal. It seems that the Finance Ministry officials and the Excise Department heads have ganged up to give the contract to the Indian company and get commissions. There are many unanswered questions. First, the contract of printing the barcode too has been given to the MSP company, which could not secure the first contract. I want to know whether the proper procurement process has been followed. The second question is whether the barcodes would be up to the standards listed in the tender. Third question is who had selected the MSP company which is black-listed in India after being found guilty of frauds with Indian liquor companies in providing stickers to them. MSP has been blacklisted in many other countries. The company has been banned in Sudan and Liberia for supplying the stickers to private companies. The last question is whether this fraud is being committed with the knowledge of ministers of this government.”

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Reserves fall to lowest since 2009, rupee strengthening to be short-lived: report

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by Sanath Nanayakkare

Sri Lanka’s Foreign reserves had dropped to USD 4.1bn in March 2021, the lowest since August 2009, on the back of over US$ 4bn outstanding debt payment during April-December 2021 period, a report issued by First Capital Research yesterday said.

According to the report, rupee appreciation is likely to be short-lived considering Sri Lanka’s depleting foreign reserve position, high foreign currency debt repayment requirement and limited funding sources available in the market are expected to further increase depreciation pressure on the currency during 2Q and 3Q.

“We maintain our exchange rate target for 1H2021 at Rs. 196-202 with 2021 year-end target at Rs. 205-215 as mentioned in our ‘Investment Strategy 2021 – January 2021,” the report recalls.

“Sri Lankan rupee appreciated 5% against the US dollar over the last 2 market days reversing the continuous accelerated depreciation witnessed in January-April 2021. On 12th April, Sri Lankan rupee recorded a historical low of Rs. 201:1 US$. Ministry of Finance (MoF) reported on the same day that the government of Sri Lanka entered into a loan agreement with the China Development Bank (CDB) for US$ 500mn and MoF expected the funds to be disbursed during the same week. Following the announcement, the market registered a steep appreciation with mid-rate recording at Rs. 190.9 on April 19,” it says.

The total foreign debt repayment (capital and interest) for 2021 is US$ 6 bn, according to the report.

Meanwhile FC Research believes that the temporary appreciation in USD-LKR, may adversely impact earnings of export companies such as Hayleys, Haycarb, Dipped Products, MGT Knitting Mills, Teejay Lanka, Expolanka Holdings etc. in the short term.

“However, considering the potential future currency pressure, we expect an overall depreciation of approximately 12% for the rupee providing a significant gain for companies with foreign currency revenue”, FC research predicts.

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Govt. asks Opposition not to propagate lies

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By Saman Indrajith

Chief Government Whip and Highways Minister Johnston Fernando yesterday accused the Opposition MPs of abusing parliamentary privileges to mislead the public by propagating lies about the Easter Sunday terror attacks. 

Addressing Parliament, Minister Fernando said: “The Opposition MPs level wild allegations in the House knowing that they have the cover of parliamentary privilege. If they have anything substantial or any knowledge of the perpetrators of the Easter attacks still not in custody they can go to the CID and lodge complaints so that such complaints could be investigated.”  

Fernando said so after SJB Galle District MP Manusha Nanayakkara had told the House that he possessed evidence of those who carried out the Easter Sunday terror attacks.

Nanayakkara also said that the facts that he had were not in the report of the Presidential Commission of Inquiry into the Easter Sunday carnage.

“You are making various statements regarding the Easter Sunday terror attacks in the Chamber without any proof because you know that you have Parliamentary privilege. You even quoted some statements which are not included in the PCoI report. How did you obtain such information? Why didn’t you complain about this to the CID in the first place? Your action is aimed at misleading the public,” the Minister said. 

Minister Fernando said that the Opposition should stop insulting Archbishop of Colombo Malcolm Cardinal Ranjith by misinterpreting the latter’s statements. 

“When you are in the Government you never said that this is a Buddhist country. Now you are insulting the Cardinal too. You should not do that,” the Minister said. 

“The former Government should be responsible for the terror attack. Now we are trying to punish those who are responsible for it. We will take action against everyone who is responsible. You should support us, not try to obstruct the on-going investigations,” Minister Fernando said.

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