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SJB alleges section of govt. raising funds for next presidential election

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Mujibur

Latest sugar tax scam:

‘IMF’s conditions disregard regardless of suspension of bailout package’

By Shamindra Ferdinando

Top SJB spokesman Mujibur Rahman yesterday (12) alleged that a section of the Wickremesinghe-Rajapaksa government seemed to be raising funds for the presidential election scheduled for next year.The former SJB MP said that a well-organised operation was underway to raise funds at the expense of the country.

Rahman told The Island that the recent increase in the Special Commodity Levy (SCL) imposed on imported white sugar had been raised from 25 cents to Rs 50 a kilo immediately after the clearing of 8,500 metric tonnes of sugar from the Colombo Port indicated that the government was busy raising campaign funds.

However, Saman Ratnapriya, President Ranil Wickremesinghe’s Director General of Trade Unions last week claimed that only 520 metric tonnes had been imported immediately before the government effected an increase of SCL from 25 cents to Rs 50.

Rahman said that such a fraud couldn’t have been carried out without the blessings of the powers that be. Rahman compared the loss of Rs 1.6 bn revenue as a result of the mega sugar tax scam perpetrated in late 2020 by the Gotabaya Rajapaksa’s government.

Responding to another query, Rahman stressed that the government seemed to have simply ignored the IMF’s recent advice regarding the urgent need to enhance public sector revenue. “They have quite conveniently forgotten the suspension of the IMF’s USD 2.9 bn bailout package pending tangible actions on its demands,” Rahman said, urging relevant parliamentary watchdog committees to inquire into the latest sugar scam.

In terms of the agreement reached with the IMF in March this year, Sri Lanka was to receive funds in eight equal tranches, Rahman said.The former MP pointed out the responsibility on the part of the parliament to ensure action was taken on sugar scams perpetrated in 2020 and this year as the culprits could be the same.

The one-time parliamentarian said that regardless of assurances given by the government, the Finance Ministry was yet to recover the losses suffered as a result of the 2020 fraud.

Rahman urged professionals to take up this issue as the government burdened the public with additional taxes whereas the unscrupulous elements made massive profits overnight.

“We expect the IMF and other lending agencies as well as major bilateral lenders to take up the contentious issue of corruption with this government,” Rahman said, pointing out the government revised the SCL just two weeks ahead of the presenting of 2024 budget.

Rahman said that the Cabinet-of-Ministers owed an explanation regarding the sugar tax scam as one of them namely Labour and Foreign Employment Minister Manusha Nanayakkara is on record as having alleged the powers that be alerted the sugar importers of the impending revision. The relevant parliamentary watchdog committee could ask Minister Nanayakkara to justify his declaration, Rahman said, requesting the Election Commission to take note of their concerns.

“What is the point of enacting laws to control campaign funds when the government in power raises money for elections at the expense of the national economy,” Rahman said.

The ex-MP said that the government suffered a loss of Rs 422 mn due the latest scam. Alleging that a former minister, too, had been involved in the current episode, Rahman said that the Yahapalana government collapsed as a result of corruption at the highest level.

Rahman said that successive governments had ignored the Auditor Generals’ reports which shed light on public sector corruption. Had there been laid down procedures to deal with disclosures made by the AG, the country wouldn’t have been in the current financial mess.



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Sri Lanka says it denied US request to land two aircraft at Mattala airport

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Sri Lanka’s president says his government turned down a request from the United States to land two US combat aircraft at a civilian airport earlier this month.

President Anura Kumara Dissanayake told Sri Lanka’s parliament on Friday that Washington had requested permission for the aircraft to land at Mattala Rajapaksa International Airport in southern Sri Lanka from March 4 to 8.

The request was made on February 26, two days before the US and Israel launched their military offensive against Iran.

“They wanted to bring two warplanes armed with eight antiship missiles from a base in Djibouti”, Dissanayake told lawmakers. “We turned down the request to maintain Sri Lanka’s neutrality”, he added to applause.

The US-Israeli war on Iran has sparked widespread concern globally, as Iranian missile and drone attacks across the wider Middle East have sent energy prices soaring and fuelled fears of a widening conflict.

US President Donald Trump has also been pressuring Washington’s allies to show more support for the war, slamming NATO countries as “cowards” for refusing to help secure the Strait of Hormuz.

Iran has essentially shuttered the critical Gulf waterway  amid the war, forcing leaders around the world to scramble to try to offset the effects on their economies and energy supplies.

Amid the turmoil, many countries have refused to get directly involved in the war while calling for urgent de-escalation.

On Friday, Switzerland announced that it would halt any weapons exports to the US that could be used in military operations against Iran, citing its longstanding policy of neutrality.

“The export of war materiel to countries involved ⁠in the international armed conflict with Iran cannot be authorised for the duration of the conflict”, the Swiss government said.

Sri Lanka’s president also cited his country’s neutrality in the decision to deny the US request to land the two aircraft at Matalla airport earlier this month.

Dissanayake said he had received another request that same day, on February 26, from Iran to seek permission for three naval vessels to make a goodwill visit to Sri Lanka.

“With two requests before us, the decision was clear,” he said, noting that the government denied both to avoid taking sides as signs of escalating conflict emerged.

“Had we said ‘yes’ to Iran, we would have had to say ‘yes’ to the US, as well”, Dissanayake added.

In early March, Sri Lanka’s navy rescued 32 Iranian crew off IRIS Dena after it was torpedoed by a US submarine off the country’s coast, killing at least 84 people.

Days later, Sri Lanka evacuated more than 200 crew members from a second Iranian vessel, IRIS Bushehr, after the ship requested assistance from Colombo.

[Aljazeera]

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President maintains Lanka has been even-handed in dealing with Iran and US

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Sri Lanka refused the request by three Iranian ships to come to Sri Lanka on a goodwill visit and the request by the United States to land two of its fighter jets  in Mattala, President Anura Kumara Dissanayake told Parliament yesterday.

“Sri Lanka maintained neutrality by refusing the two requests by both the US and Iran,” he said.

President Dissanayake provided a clarification on domestic fuel prices in light of rising crude oil prices in the global market and subsequent fuel price increases in other countries, triggered by the ongoing crisis in the Middle East.

The President highlighted that the Ceylon Petroleum Corporation (CPC) currently supplies 57% of the country’s fuel requirements, while the remaining 43% is supplied by the private sector.

He further noted that private sector suppliers have requested pricing that reflects current global market rates for the fuel they import.

Accordingly, the President emphasised that a decisive decision on fuel price adjustments must be reached as expeditiously as possible to ensure the continuity of the national fuel supply.

Addressing the Parliament, the President stated that the current pricing formula dictates that for every one-dollar increase in global oil prices, domestic fuel prices must rise by Rs. 2.

He noted that the primary impact being faced is driven by the surge in global fuel prices rather than the depreciation of the rupee against the US dollar.

The President said that, globally, countries have been compelled to make difficult decisions regarding fuel costs, with price increases ranging from approximately 6% to 50%.

He added that while global prices have risen by as much as 49%, the domestic increase has been limited to 8%.

He further stated that Sri Lanka is currently facing a significant challenge in maintaining fuel supply.

The Ceylon Petroleum Corporation (CPC) accounts for 57% of the country’s fuel supply. He noted that had the CPC been the sole supplier, fluctuations could have been managed by offsetting current losses with future profits.

However, he said the private sector now controls 43% of the market, and their position is that if retail prices do not reflect the current landed cost of fuel, they will cease imports.

He added that, from a business perspective, this is a valid concern, as private companies reportedly incur a loss of approximately USD 55 million per shipment, which he said is unsustainable.

The President emphasised that the contribution of the private sector is essential to maintaining the national fuel supply, but noted that they will only participate if they are able to sell at cost-reflective prices.

He stressed that the issue of fuel pricing must, therefore, be addressed urgently.

He also pointed out that under the existing Act, companies are permitted to increase prices; however, the maximum retail price is determined by the Ceylon Petroleum Corporation.

“Although we have entered into agreements with these private companies, the necessary legislative amendments to the Act have not yet been finalised,” he noted.

Regarding government revenue, the President stated that tax income from fuel currently stands at Rs. 20 billion, compared to Rs. 240 billion generated last year from taxes on diesel.

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Heat Index likely to increase up to ‘Caution level’ at some places in the Western, Sabaragamuwa, North-central, Southern and North-western provinces and in Monaragala, Mannar, Vavuniya and Mullaitivu districts

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Warm Weather Advisory Issued by the Natural Hazards Early Warning Centre of the Department of Meteorology at 3.30 p.m. on 20 March 2026, valid for 21 March 2026

The public are warned that the Heat index, the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in the Western, Sabaragamuwa, North-central, Southern and North-western provinces and in Monaragala, Mannar, Vavuniya and Mullaitivu districts.

The Heat Index Forecast is calculated by using relative humidity and maximum temperature and this is the condition that is felt on your body. This is not the forecast of maximum temperature. It is generated by the Department of Meteorology for the next day period and prepared by using global numerical weather prediction model data.

Effect of the heat index on human body is mentioned in the above table and it is prepared on the advice of the Ministry of Health and Indigenous Medical Services.

ACTION REQUIRED
Job sites: Stay hydrated and takes breaks in the shade as often as possible.

Indoors: Check up on the elderly and the sick.

Vehicles: Never leave children unattended.

Outdoors: Limit strenuous outdoor activities, find shade and stay hydrated.

Dress: Wear lightweight and white or light-colored clothing.

Note:
In addition, please refer to advisories issued by the Disaster Preparedness & Response Division, Ministry of Health in this regard as well. For further clarifications please contact 011-7446491

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