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Lawyer slams SLPP for backing Ranil’s ‘destructive economic agenda’

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Kalyananda Thiranagama

… explains how Parliament enacted harmful laws

By Shamindra Ferdinando

Veteran lawyer Kalyananda Thiranagama said that the ruling Sri Lanka Podujana Peremuna (SLPP) should be held responsible for backing President Ranil Wickremesinghe’s economic strategy meant to privatise the remaining state enterprises.

Addressing a public gathering in Colombo, the liberal civil society activist emphasised that the SLPP couldn’t absolve itself of the crime perpetrated by the Wickremesinghe-Rajapaksa government in the form of an economic strategy that would deprive the people of their rights.

Thiranagama, who does not fear to call a spade a spade, declared that UNP leader Wickremesinghe was now implementing the third phase of his despicable project, having already privatised some state enterprises during his tenure as the Industries Minister in the late President Ranasinghe Premadasa’s administration and during the 2002-2003 period when he served as Prime Minister of the UNP-led UNF government.

Now, the SLPP was backing Wickremesinghe’s last phase of that project to sell what is left of the family silver, Thiranagama said, adding that the SLPP voted for the 2024 Budget meant to authorise the President to go ahead.

The Third Reading of the Appropriation Bill (Budget) for the financial year 2024 was passed in Parliament last Wednesday (13) by a majority of 41 votes, where 122 votes were cast in favour of the Budget and 81 votes were cast against. One MP abstained from casting the vote.

Thiranagama reminded the SLPP that it authorised an increase of Value-Added Tax (VAT) from 15% to 18% for products and services while imposing the same on nearly 100 items that weren’t subjected to VAT previously. Declaring the current overall Wickremesinghe-Rajapaksa economic strategy was nothing but a national crime, Thiranagama warned the consequences would be unbearable and irreversible.

The outspoken lawyer urged right thinking people to shed whatever their differences to pave the way for a campaign against the government project. Thiranagama stressed that the government strategy should be opposed and reversed at any cost.

Thiranagama said that the imposition of VAT in a way that is extremely harmful to the people should be condemned taking into consideration some goods were subjected to VAT on more than one occasion, causing a cascading effect. The lawyer declared that all those who protected the incumbent government were traitors.

At the onset of his explosive speech, lawyer Thiranagama emphasized that the Nov 14 Supreme Court ruling in respect of fundamental rights cases against the economic ruination of the country warned politicians and officials regardless of their standing in the society.

That ruling paved the way for the public to move court against politicians and officials in the future, the lawyer said, while questioning the Opposition demand to deprive those found guilty of their civic rights.

Pointing out that pertaining to fundamental rights applications the SC based its ruling on the period Nov 2019-early 2022, Thiranagama explained how the then President Gotabaya Rajapaksa’s administration deprived the government of much needed revenue by either abolishing or reducing a range of taxes. That caused loss of billions of Rupees in tax revenue, the lawyer said. The situation took a turn for the worse when the government decided against seeking IMF intervention, Thiranagama said. Therefore, the SC dealt with reduction and abolition of taxes that led to the weakening of the economy and the failure on the part of the then government to seek an IMF bailout package, he said.

Thiranagama said that there was no basis for claims that the SC, in its Nov 14 ruling, dealt with corruption.

Commenting on the overall economic situation, Thiranagama said that the Yahapalana government, during Wickremesinghe’s tenure as the Prime Minister, enacted Foreign Exchange Act No 12 of 2017 that paved the way for unscrupulous exporters to conveniently refrain from bringing back export proceeds to the country. That law abolished the time-tested Exchange Control Act of 153, Thiranagama said, urging all those concerned to examine the consequences of Foreign Exchange Act No 12 of 2017 and Active Liability Management Act No 08 of 2018.

The so-called Active Liability Management Act No 08 of 2018 was essentially meant to raise loans for the purpose of management of the public debt, Thiranagama said, drawing public attention to how political parties maneuvered Parliament to enact laws immensely harmful to the country.

Commenting on Sri Lanka securing an unbearable amount of ISB’s (International Sovereign Bonds), Thiranagama said that the Active Liability Management Act No 08 of 2018 facilitated that operation during the UNP led Government of 2015 to 2019. The lawyer pointed out that of the total amount of ISBs, USD 12.5 bn were taken during the Yahapalana administration and was one of the primary causes for the current crisis.

Alleging that there hadn’t been at least proper examination of these laws that harmed the country, Thiranagama recalled how it transpired before the Parliamentary Select Committee (PSC) probing April 2019 Easter Sunday carnage that the Central Bank couldn’t inquire into massive amounts of funds received by various parties from suspicious overseas sources.

Thiranagama discussed how the country’s supreme institution, the Parliament, played a destructive role in a political agenda through the enactment of harmful laws. The lawyer also dealt with the ongoing move to privatize the CEB in line with overall government strategy.

Reference was also made to the reversal of the privatization of Sri Lanka Insurance Corporation (SLIC) as well as Lanka Marine Service (LMS) during Chandrika Bandaranaike Kumaratunga’s tenure as the President. However, the UNP leader was now going all out to achieve what he couldn’t do as the Premier during the 2002-2003 period, Thiranagama alleged.



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Construction of Jet A-1 Aviation fuel pipeline and new oil tank complex at Muthurajawela begins under President’s patronage

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President Anura Kumara Dissanayake said that the Government’s objective is to maintain a strong state presence in the energy market while providing an efficient service to the people, adding that significant progress has been achieved towards this objective over the past two years and that a strong energy market that does not place a burden on the people is now being built in Sri Lanka.

The President made these remarks on Friday (02) morning  while attending the commencement of construction of the Jet A-1 pipeline system of the Ceylon Petroleum Corporation (CPC) and two new oil storage tank systems belonging to the CPC and the Ceylon Petroleum Storage Terminal Limited (CPSTL).

The projects are being implemented in line with the Government’s national objective of developing infrastructure in the energy sector, with the aim of ensuring the security of aviation fuel supplies, reducing supply costs and providing the capacity required to meet future demand for aviation fuel.

A dedicated pipeline and associated tank complex are being constructed to connect Muthurajawela with the Bandaranaike International Airport in Katunayake, with the aim of meeting the future demand of the country’s aviation sector, ensuring the security of aviation fuel supplies and reducing transportation costs.

Construction has commenced on five new Jet A-1 fuel storage tanks with a total capacity of 92,000 cubic metres. These comprise two large Jet A-1 tanks, each with a capacity of 30,000 cubic metres; two medium-sized tanks, each with a capacity of 15,000 cubic metres; and an additional tank with a capacity of 2,000 cubic metres. The fuel supply pipeline system will be connected to the airport through a 21-kilometre-long underground pipeline with a diameter of 10 inches from the Muthurajawela tank complex. The project is scheduled for completion within 30 months.

Meanwhile, as part of ongoing efforts to strengthen and expand storage and infrastructure facilities in the petroleum industry, the Ceylon Petroleum Storage Terminal Limited (CPSTL) commenced construction today of three new storage tanks at the Muthurajawela Terminal.

Upon completion, the three-tank system, comprising two tanks with a capacity of 15,000 cubic metres each and one tank with a capacity of 10,000 cubic metres, will provide an additional total storage capacity of 40,000 cubic metres.

This will further enhance the petroleum storage capacity of the terminal and support the continued development of the country’s petroleum infrastructure. The project has a contractual period of 18 months and is scheduled for completion in April 2028.

The tanks are being constructed in compliance with relevant international standards and recognised industry best practices, ensuring enhanced safety, reliability and operational efficiency. The additional storage capacity will strengthen the country’s fuel reserves, improve operational flexibility and support the reliable and uninterrupted distribution of fuel products to meet the country’s growing energy requirements.

Minister of Ports and Civil Aviation and Minister of Energy Anura Karunathilaka said,

“We are now in an era of energy transition. The world is rapidly moving towards the use of clean energy. The use of electric vehicles is very important in this regard, and our country is also now moving in that direction.

The use of solar energy is also important. We expect to add 1,200 megawatts of solar power capacity to the national grid by 2029.

As a country, we must focus not only on controlling fuel prices but also on controlling fuel consumption. The public also has a major responsibility in this regard.

It is particularly important to change our patterns of energy consumption. Greater energy security can be achieved by avoiding periods of high energy demand, shifting towards electricity use and using fuel-efficient vehicles, particularly electric vehicles.”

Chairman of the Ceylon Petroleum Corporation D. J. Rajakaruna said,

“We faced a major challenge due to the war in the Middle East. However, with the intervention of the President, relief was provided to the people and the situation was managed very effectively.

As a result, while diesel prices in the global market increased by 91%, the increase in Sri Lanka was only around 39.5%. While petrol prices in the global market increased by 80%, the increase in Sri Lanka was only around 41%.

Despite providing fuel at lower prices in this manner, the Corporation has recorded a profit of Rs. 28 billion this year. We also recorded a profit of Rs. 36 billion last year.

This may raise the question of why fuel prices are not being reduced when there are such profits.

However, we have used those profits to commence a number of infrastructure development projects at the institution.

These include adding the capacity of 11 tanks, including the construction of six tanks that had previously been abandoned, to increase fuel storage capacity; modernising our oil-filling section, which is more than 90 years old, and establishing a gantry system similar to that at Muthurajawela; laying two new pipelines for unloading fuel from the port to Kolonnawa; constructing a new pipeline to transport Jet A-1 fuel to Katunayake; and upgrading the pipeline system and laying new pipelines, among many other projects.

We are implementing these projects using those profits. Therefore, we have returned the benefits to the people through these investments.”

The Minister of Science and Technology, Professor Chrishantha Abeysena; Deputy Minister of Energy, Arkam Ilyas; Member of Parliament Kumara Jayakody; Secretary to the Ministry of Energy and Senior Additional Secretary to the President, Russell Aponso; foreign ambassadors; government officials including officials of the Ministry of Energy and the Ceylon Petroleum Corporation; and representatives of Sinopec were among those present at the occasion.

President’s Media Division (PMD)

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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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