News
“President elect Anura Dissanayake, with deepest affection, I entrust to you “the beloved child of Sri Lanka” – President Wickremesinghe
President Ranil Wickremesinghe, making a farewell speech, yesterday. expressed his deep gratitude to the people of Sri Lanka. He acknowledged that in accordance with the will of the people, the leadership of the country should now be passed on to President Anura Dissanayake.
President Wickremesinghe extended his sincere thanks to all those who supported him during his tenure. He reflected on his role as a caretaker, stating that he had guided “the beloved child of Sri Lanka” across significant challenges, symbolized by the “Vine Bridge,” and expressed his confidence that under President Dissanayake’s leadership, the journey will continue safely and successfully.
Text of President Ranil Wickremesinghe’s speech:; “Ayubowan! Dear Citizens, The people of the country have given their decision at this Presidential Election held on 21st September 2024. Therefore, we must respect their decision and act according to that mandate to ensure the functioning of the country.
“Two years ago, I took over a bankrupt country and a collapsed economy at an extremely turbulent time. I accepted the challenge at a time when no one else had the courage to face it. I successfully completed the responsibility that history put upon my shoulders.
“I was able to rescue my motherland from bankruptcy within a short period of two years.
“I believe this to be the most important thing I could do for my country during my political career. Inflation was 70% when I took over the country, but I could reduce it to 0.5% during my time as the President. I increased the Foreign Reserve, which was at USD 20 Million when I came to power, to USD 5.7 Billion.
“I was able to ensure that the Sri Lankan Rupee which was 380 against the US Dollar, came down to a strong and solid amount of 300. Also, when I took over, the economic growth of the country was negative 7.3% (- 7.3%). But I was able to increase it to positive 2.3% (2.3%). I am happy and proud about it.
“I believe that the future generation of the country will give the proper assessment for my historical political role, the way it deserves.
“I am aware that my place in history as the ruler of this country will be decided not today, but in future.
“I followed the right path and saved people from hunger and sorrow.
“I hope that the new President will also follow the right path and put an end to the remaining issues that the people are facing.
“I was eventually able to carry the dear child called Sri Lanka along a long distance safely – on the dangerous rope bridge. Close to the very end of the rope bridge, people have decided to handover the dear child called Sri Lanka to President Anura Dissanayake.
“Mr. President, here I hand over to you with much love, the dear child called Sri Lanka, whom we both love very dearly. I wish that you will be able to carry this child away from the bridge to the other bank, even safer than the way I carried the child.
“I will be devoted to serving my motherland with or without power, with or without a post or powers, for the rest of my life.
“I wish to thank everyone who supported me, who did not support me, and all the citizens of the country during my time as President. Thank you.”
News
Colombo Stock Exchange (GL 12) donates LKR 25 million to the “Rebuilding Sri Lanka” Fund
The Colombo Stock Exchange (GL 12) has contributed LKR 25 million to the Rebuilding Sri Lanka Fund.
The cheque was handed over to the Secretary to the President Dr. Nandika Sanath Kumanayake by the Chairman of the Colombo Stock Exchange, Dimuthu Abeyesekera, the Chief Executive Officer Rajeeva Bandaranaike and Senior Vice Chairman Kusal Nissanka at the Presidential Secretariat.
News
Karu argues against scrapping MPs’ pension as many less fortunate members entered Parliament after ’56
Former Speaker of Parliament Karu Jayasuriya has written to President Anura Kumara Dissanayake expressing concerns over the proposed abolition of MPs’ pensions.The letter was sent in his capacity as Patron of the Former Parliamentarians’ Caucus.
In his letter, Jayasuriya noted that at the time of Sri Lanka’s independence, political participation was largely limited to an educated, affluent land-owning elite. However, he said a significant social transformation took place after 1956, enabling ordinary citizens to enter politics.
He warned that under current conditions, removing parliamentary pensions would effectively confine politics to the wealthy, business interests, individuals engaged in illicit income-generating activities, and well-funded political parties. Such a move, he said, would discourage honest social workers and individuals of modest means from entering public life.
Jayasuriya also pointed out that while a small number of former MPs, including himself, use their pensions for social and charitable purposes, the majority rely on the pension as a primary source of income.
He urged the President to give due consideration to the matter and take appropriate action, particularly as the government prepares to draft a new constitution.The Bill seeking to abolish pensions for Members of Parliament was presented to Parliament on 07 January by Minister of Justice and National Integration Dr. Harshana Nanayakkara.
News
Johnston, two sons and two others further remanded over alleged misuse of vehicle
Five suspects, including former Minister Johnston Fernando and his two sons, who were arrested by the Financial Crimes Investigation Division (FCID), were further remanded until 30 January by the Wattala Magistrate’s Court yesterday.
The former Minister’s , sons Johan Fernando and Jerome Kenneth Fernando, and two others, were arrested in connection with the alleged misuse of a Sathosa vehicle during Fernando’s tenure as Minister.
Investigations are currently underway into the alleged misuse of state property, including a lorry belonging to Lanka Sathosa, which reportedly caused a significant financial loss to the state.
In connection with the same incident, Indika Ratnamalala, who served as the Transport Manager of Sathosa during
Fernando’s tenure as Minister of Co-operatives and Internal Trade, was arrested on 04 January.
After being produced before the Wattala Magistrate’s Court, he was ordered to be remanded in custody until 09 January.The former Sathosa Transport Manager was remanded on charges of falsifying documents.
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