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JVP inspires calls for protests against rising cost of living

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By Saman Indrajith

The JVP yesterday called on people to take to the streets against the government that cannot control market prices of essential items.

Addressing a press conference held at the party headquarters in Pelawatte, the party’s national organiser and former MP Bimal Ratnayake said that yesterday’s fuel price hike was unjust and it would result in further increases in prices of all goods and services in the coming days, sending the pandemic-hit economy from the frying pan into the fire.

“This is the highest ever price hike in fuel in the country’s history. As per an announcement by the Ceylon Petroleum Corporation Octane 92 petrol price has been increased by Rs 20, Octane 95 by Rs 23, diesel by Rs 10, Super diesel by Rs15 and kerosene by Rs 10. The reason for the price revision has been attributed to the world market price change of fuel. It cannot be accepted. There had been many previous occasions when the world market price of fuel increased more than this. In 2013 the price of a barrel of oil was at USD 97. For years the price was at USD 100 a barrel. There had been some increase in price in the world market but following the spread of the Omicron variant there were travel limitations in Europe and price of fuel decreased. There is a presumption that the price of an oil barrel would be around USD 60 owing to the Omicron effect.  Then the truth is that the government jacked up fuel prices at a time when the world market prices are going down.

“The CPC and Petroleum minister have become puppets of the ruling cabal. Discussion for fuel price increase started by the government on Dec 13 soon after the budget. Yet Finance Minister Basil Rajapaksa did not allow the prices to increase while he was still in the country. He wanted to show that the price increases took place in his absence. His intention was to apportion the blame on the petroleum minister and the acting finance minister. Yet the truth has come out and now it is a known fact that the CPC increased the prices last night on a directive from the Finance Ministry.  It is clear that the finance minister plotted to place the blame on others. This is a well-known tactic of Rajapaksa family. The rest of the ministers are used by them as puppets.

“Government spokesman Minister Dullas Alahapperuma says that the fuel prices were increased to save the foreign exchange reserves. We cannot understand how the government could save dollars by increasing the fuel prices in the local market. The government could have instead asked people to stay at home to save fuel.

“Bakery owners are planning to increase the prices of their products. Three wheel operators say that they would increase their starting price per km from Rs 30 to Rs 80. Bus owners demand to increase the minimum fee to Rs 25. Likewise, the prices of various services and goods would go up in the coming days. The government has lost control of prices and the market. There are shortages of various items. The standards of available consumables are questionable. Traders fleece consumers at will. While the government is fleecing people it has let several big-time companies fleece money from the people. People can identify those companies because it was they who recorded unprecedented profits in the third quarter of this year. Some banks recorded 312 percent profit in the said period. There are two main companies running supermarket chains. One says it received a Rs 3,500 million profit after tax and the other has raked in Rs 1,387 million profit in the third quarter. These profits came at a time when the economy was down. They have earned profits by increasing the prices at their will. Rice prices in the market are decided by the millers. The government has lost control of the prices in the market. We call on people to raise their voice and stand with us against this government”, Ratnayake said.



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Lanka enters new phase of prosecutions as hurdles clear

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MONETABRIEF –The prosecution of high-profile individuals from the former Rajapaksa administrations is set to escalate this month with the clearing of legal hurdles and administrative bottlenecks, according to officials involved in the process.

Former president Gotabaya Rajapaksa’s attempt to secure an order preventing his arrest in connection with the Easter Sunday massacre was turned down by the Court of Appeal on Thursday.

An overseas travel ban has been in operation against Rajapaksa since June, but the Criminal Investigations Department made no move to question him. He instead filed a writ application seeking an order preventing his possible arrest.

President of the Court of Appeal Rohantha Abeysuriya noted that the court would not interfere with the investigative process. Any attempt by the court would amount to an obstruction of the investigation.

In an unrelated case, the same court rejected an application by opposition legislator Dilith Jayaweera seeking the quashing of a contempt charge filed against him by the Fort magistrate. The charges against Jayaweera and a few other opposition politicians are expected to be taken up in the coming week.

Jayaweera and other opposition politicians — Wimal Weerawansa, Udaya Gammanpila, Sugeeshwara Bandara, and Asanka Navaratne

— were hauled up over their remarks relating to the arrest of Suresh Sallay, the former head of the State Intelligence Service.

SLPP academic Mahinda Pathirana is also charged over his public comments about Sallay’s arrest in February under the draconian Prevention of Terrorism Act.

Former president Mahinda Rajapaksa’s son, legislator Namal Rajapaksa, is already in remand custody following his arrest in connection with three cases of bribery and money laundering relating to the 2013 Airbus deal and the Krrish property development in Colombo.

Although Namal has been granted bail in the Airbus money laundering charge, he is in custody until October 13 over the bribery charge relating to the same Airbus transaction. His arrest is under a provision of the Anti-Corruption Act that does not allow a magistrate to grant bail unless under exceptional circumstances.

Meanwhile, his mother Shiranthi Rajapaksa, who had been asked to report to the Financial Crimes Investigations Division on September 24, was a no-show and was yet to return from Singapore.

She had travelled overseas on September 16, and a family spokesman said she was handed the FCID summons at the departure lounge of Bandaranaike International Airport just before she boarded a flight to Singapore.

At the time, the family spokesman said she was due to return in three days.

“We will see greater momentum in the legacy cases in the coming weeks,” an official involved in the prosecutions said.

“We have cleared the legal hurdles to press ahead with more arrests,” he said.

“We are working on a few administrative issues which will be resolved very soon.”

The controversial prosecution of former President Ranil Wickremesinghe is dragging on without him being formally indicted since his arrest in August last year. The Fort magistrate has listed the case again for November 11, when the Attorney-General is expected to report on his decision regarding action against Wickremesinghe.

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Police warn: Court evaders face property seizure

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Police have reminded the public that courts have the power to take legal action against individuals who evade arrest or remain in hiding after warrants have been issued against them.

Police said that under Section 60 of the Code of Criminal Procedure Act No. 15 of 1979, a court could issue a written proclamation requiring a person evading arrest under a warrant to appear at a specified place and time.

The proclamation must allow the person at least 30 days to appear before court, Police said.

If the person fails to appear even after the proclamation has been issued, the court may take further action under Section 61 of the Act.

This includes issuing an order for the attachment of the movable or immovable property belonging to the person concerned.Police issued the reminder highlighting the legal measures available against persons who deliberately evade arrest and remain in hiding after warrants have been issued.

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Nearly 20 Iranian tankers stranded off Lanka amid US sanctions

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Around 20 Iranian oil tankers are reportedly stranded about 15 nautical miles off Sri Lanka’s southwestern coast, with several vessels facing shortages of food, fuel and fresh water amid tightening US sanctions and maritime restrictions, The Wall Street Journal reported.

According to the report published on Thursday (1), US officials have in recent weeks urged Sri Lanka to prevent local vessels from supplying essential provisions to the tankers and their crews.

The report, citing Sri Lankan Government documents and companies involved in supplying the vessels, said the US had raised concerns over assistance being provided to the sanctioned tankers.

The situation follows the United States’ decision to reimpose a maritime blockade of the Strait of Hormuz in July, which has reportedly left dozens of Iranian and Iran-linked tankers involved in transporting sanctioned oil to China stranded near Asian countries, including Sri Lanka and Malaysia.

Most of the vessels are reportedly empty tankers that had previously transported Iranian crude to Asia, often through ship-to-ship transfers, before preparing to return to Iran for additional cargo.

The WSJ reported that the US Embassy had warned Sri Lanka in August that it was monitoring 19 Iranian tankers off the country’s western coast and had raised the possibility of secondary sanctions against companies providing services to sanctioned vessels.

Sri Lankan authorities have maintained that the vessels are located outside the country’s 12-nautical-mile territorial waters and that the Government is not providing them with logistical assistance.

Meanwhile, shipping companies told the WSJ that obtaining approval to supply essential items, including food, drinking water and fuel, as well as repair services, to the Iranian vessels had become increasingly difficult.

Separately, Reuters reported in late August that 27 sanctioned Iran-linked tankers were waiting off Sri Lanka without cargo.

The Trump administration has also imposed additional sanctions on Iran and warned countries and companies trading with Tehran of potential consequences, as Washington seeks to pressure Iran to make concessions amid the ongoing conflict.

Similar concentrations of Iranian-linked tankers have been reported off Malaysia, where waters have historically been used for ship-to-ship transfers of Iranian crude destined mainly for China.

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