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SLC, cryptocurrency and repealing of time-tested law

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A smiling President Wickremesinghe listens to Pakistan’s great fast bowler of yesteryear Wasim Akram at the LPL 2023 final played at the R. Premadasa Stadium under lights. SLC Chief Shammi Silva sits extreme left. Minister Harin Fernando sits next to Silva. Extreme right is Sagala Ratnayake. Well informed sources say utterly corrupt elements seeking to take control of the SLC are believed to be involved in a campaign to discredit the current administration. (Pic courtesy PMD)

By Shamindra Ferdinando

Justice Minister Dr. Wijeyadasa Rajapakse, PC, declared in Parliament that the winners of LPL (Lanka Premier League) 2023 B-Love Kandy had been sponsored by an enterprise that was banned in the country.

The statement was made in Parliament on 24th August. The one-time President of the Bar Association found fault with SLC (Sri Lanka Cricket) for involving B-Love Network banned here over promoting cryptocurrency.

Unfortunately, by the time the Justice Minister made the declaration President Ranil Wickremesinghe had attended the final of the LPL 2023 at the R. Premadasa Stadium on Sunday (20 Aug.). The President was accompanied by Tourism and Lands Minister Harin Fernando and Senior Advisor on National Security Sagala Ratnayake.

Among those present were senior SLC officials, including President of the Board Shammi Silva, under investigation by the National Audit Office (NAO) over extravagant spending of over Rs 67 million by the SLC for its officials, family members and friends to watch the T20 World Cup tournament played in Australia (Oct. 09-Nov. 13, 2022) and a spate of other allegations.

In the absence of Wanindu Hasaranga, Angelo Mathews led B-Love Kandy to victory over Dambulla Aura, led by Kusal Mendis.

Dr. Rajapakse told The Island that he firmly stood by what he said in Parliament regarding the LPL being a gambling den. All those who had been involved in gambling/betting, as well as promoting cryptocurrency, but accommodated in LPL, were named in Parliament, and it would be the responsibility of the powers that be to take tangible measures against the SLC, the one-time Chairman of the Committee on Public Enterprises (COPE) stressed.

“I was also invited to witness the final but didn’t attend for obvious reasons,” Minister Rajapakse said, adding that “the LPL 2023 should be thoroughly investigated, particularly against the backdrop of the NAO investigation.” The Minister recalled the SLC fared very badly before the parliamentary watchdog committee over a period of time.

However, to be fair by the sponsor, it would be pertinent to mention that Kamal Faridi, the CEO of B-Love Kandy, in an exclusive interview with Ada Derana, posted on 24 July, 2023, quite clearly referred to their role in promoting cryptocurrency.

When asked to describe the B-Love network, Faridi declared: “B-Love Network is a community of people who hold crypto coins. They are one of the main sponsors of the Kandy team and are passionate about sports and cricket.”

Faridi said that they secured the franchise of the Kandy team for a period of 10 years. The top spokesperson is on record as having said that they bought the most expensive team in the LPL without negotiations. Financier Omar Khan is the owner of B-Love Kandy, formerly Kandy Falcons, Kandy Warriors and Kandy Tuskers. B-Love Kandy is coached by legendary Pakistan cricketer Javed Miandad whereas other big names included Wasim Akram.

The Justice Minister said that the SLC owed an explanation. Sports Minister Roshan Ranasinghe couldn’t absolve himself of responsibility by simply declaring that he was not consulted by the SLC. The Minister should inquire into this matter without further delay. The Central Bank and the Monetary Board, too, should look into the issues at hand as a bankrupt country couldn’t continue to flout laws of the land.

It must be noted that the Central Bank daylight robberies that were staged as far back as 2015/16 have yet to be resolved and one of the chief architects of that robbery continues to be shielded by Singapore, even though he is a top fugitive here, but those at the highest echelons of the present regime continue to run to that city state at the drop of a hat for “consultations”. Mind you the same city state also tried to dump all its garbage here during that notorious Yahapalana regime. And there wasn’t a hum from our NGO quislings.

The disclosure of the SLC’s alliance with such enterprises would definitely attract the attention of the International Cricket Council (ICC), the Justice Minister stressed, pointing out that in terms of the recently passed Anti-Corruption law the SLC matter could be dealt with.

Lawmaker Rajapakse made a devastating attack on the SLC during the debate on NAO’s draft report on the 2022 tour of Australia. Interestingly, in spite of a prohibition order obtained from the Colombo District Court by SLC against SJB lawmaker Hesha Withana discussing the issue, the Opposition MP, however, flayed the cricket administration, using his parliamentary privilege. The Ratnapura District MP repeated allegations, based on the NAO report, regardless of the court directive, but the position taken by the Justice Minister astonished all. Such accusations couldn’t have been at a worse time for the SLC, under heavy fire over waste, corruption, irregularities and mismanagement at a time the country is experiencing severe economic difficulties.

A major controversy erupted during the opening ceremony of the LPL 2023 tournament when versatile singer Umara Sinhawansha distorted the national anthem. How much was Ms. Sinhawansha paid by SLC for her rendition of the national anthem? That, too, would come up for discussion once the LPL 2023 is subjected to a state audit.

However, the Justice Minister’s allegations are even far more damaging than the NAO report revelations as the former come under the purview of the Anti-Corruption Act.

Repealing of a time-tested Act

Who wanted to repeal Exchange Control Act No 24 of 1953? Did repealing that time-tested Act contribute to the collapse of the national economy in 2022? Dr. Wijeyadasa Rajapakse’s repeated accusations regarding the repealing of the 1953 Exchange Control Act should be thoroughly investigated as the President’s Counsel, too, had been a member of the Yahapalana government that enacted Foreign Exchange Act No 12 of 2017 at the expense of the 1953 law. The Justice Minister, in an interview with Hiru, a week ago, claimed that taking advantage of the law exporters have parked as much as USD 100 bn abroad while the country continued to struggle to meet its basic commitments.

It would be pertinent to discuss the circumstances under which the Yahapalana administration enacted the Foreign Exchange Act No 12 of 2017. In May 2017, the then President Maithripala Sirisena and Premier Ranil Wickremesinghe agreed on a mini-Cabinet reshuffle in the wake of two Treasury bond scams perpetrated in February 2015 and March 2016. Nine Cabinet Ministers and one State Minister were re-allocated fresh ministerial portfolios on the morning of 22 May, 2017. The most important and far- reaching decision in the reshuffle was the key exchange of portfolios between Finance Minister Ravi Karunanayake and Foreign Affairs Minister Mangala Samaraweera. Karunanayake received Foreign Affairs while Samaraweera got the Finance portfolio. In addition to Finance, Mangala Samaraweera received the Media Ministry. Within four months, Karunanayake resigned over corruption charges in respect of the bond scams.

It was the late Mangala Samaraweera who served as the Finance Minister when the Yahapalana government enacted the now controversial Finance Act of 2017 on 25 July, 2017. Of the 225-member Parliament, 94 voted for the Bill presented by Premier Ranil Wickremesinghe, whereas 18 voted against. A staggering 113 MPs skipped the vote. Among those who voted for the Bill were current members of the SJB. The SJB was formed by a breakaway faction of the UNP, in early 2020. Kabir Hashim and Dr. Harsha de Silva, members of the SJB economic team, were among those who voted for the Bill. Karu Jayasuriya, in his capacity as the Speaker, endorsed the Act.

In addition to safeguarding those who parked money overseas, the new law facilitated money laundering operations. In the 1953 Act section 23 regularized the foreign exchange transfers. That particular section dealt with those who sent money overseas but didn’t receive goods in terms of that transaction. But, the 2017 law conveniently omitted that. The writer intends to submit a RTI query to Parliament seeking the list of MPs who voted for the 2017 Foreign Exchange Act.

The UNP and SJB owed an explanation regarding the allegations made by Justice Minister Rajapakse. Dr. Rajapakse, too, should explain why he waited so long to raise his voice against the 2017 Exchange Control Act. The then Premier Wickremesinghe who presented that damaging Bill is the President now. The UNP leader also holds several other portfolios, including Finance and Defence. At the time the new law was brought in, Dr. Indrajith Coomaraswamy served as the Governor of the Central Bank, though the government didn’t consult him as regards the new law.

Several months ago, rebel SLPP lawmakers, Vasudeva Nanayakkara, Wimal Weerawansa and Udaya Gammanpila raised the grave injustice caused to the country by the highly questionable Act passed in 2017. Dr. Rajapakse, too, discussed this matter, both in and outside Parliament, several months ago. But, so far, the government hasn’t responded to the accusations pertaining to the 2017 Foreign Exchange Act. In responding to The Island query, Dr. Rajapakse said that he offered assistance to the relevant authorities to amend the law but didn’t receive the anticipated response. The bottom line is that the Parliament enacted an Act at the expense of overall national security and stability.

Shocking revelation at PSC

The Parliamentary Select Committee, assigned to investigate the 2019 Easter Sunday carnage, raised the Foreign Exchange Control Act of 2017, with the Central Bank, on 26 July, 2019. The CBSL team comprised the Governor of the Central Bank, Indrajit Coomaraswamy, Director of Financial Intelligence Unit, D.M. Rupasinghe, and Director of the Department of Supervision of Non-Bank Financial Institutions R.R. Jayaratne. Rupasinghe testified in-camera on a request made by Dr. Coomaraswamy. Dr. Coomaraswamy succeeded disgraced Singaporean, Arjuna Mahendran, in early July, 2016.

The CBSL set the record straight in response to then Power, Energy and Business Development Minister Ravi Karunanayake’s challenge. PSC member Karunanayake strongly countered CBSL condemnation of the Foreign Exchange Act of 2017. Commenting on funds received by the Batticaloa Campus Limited and the Heera Foundation from Saudi Arabia on seven and 15 occasions, respectively, the CBSL stressed that the new Act weakened the CBSL regulatory role, vis-a-vis illegal transactions. Those institutions were under investigations as regards the 2019 Easter Sunday attacks due to their links with the National Thowheed Jamaat (NTJ), blamed for those devastating attacks.

The PSC proceedings showed how politicians caused irreparable damage through unilateral actions. Ravi Karunanayake, who had been again brought back to the Cabinet, after the failed constitutional coup, in late 2018, clashed with the Central Bank over the enactment of the new law. The CBSL took an unwavering stand that the new law impeded its regulatory powers thereby facilitating illegal transactions.

Ravi Karunanayake (RK): Where does it say such transactions cannot be inquired into in terms of the new Act?

CBSL: In accordance with 2017 Exchange Control Act, Section 30, action cannot be taken.

RK: You prepared that Act. Why are you pretending as if you don’t know anything about it? CBSL amended it several times and sent it back.

Director of the Department of Supervision of Non-Bank Financial Institutions R.R. Jayaratne could have faced a ministerial onslaught if not for Dr. Coomaraswamy’s swift intervention. Had Dr. Coomaraswamy opted to remain silent, Jayaratne, probably would have had to suffer in silence unable to talk back to a powerful Minister

Dr. Coomaraswamy: No Sir. The Act actually was not drafted by us.

RK: Why not?

Dr. Coomaraswamy: No Sir. It was done outside. We were actually very upset about it. We were not included. That was drafted without the CBSL being involved. We were asked to comment on it

JVP MP Dr. Nalinda Jayatissa: If the Batticaloa Campus last received money in 2017, Hizbullah was aware of the new Act being drafted.

CBSL: Yes.

Nalinda Jayatissa: It could have happened.

CBSL: Present Act does not at least interpret what it meant by wrong. Unauthorized money transactions were taking place all over the country. Foreign currencies are kept illegally. Transactions do not come into the official banking system, not even one USD.

The exchange between Ravi Karunanayake and the CBSL erupted when lawmaker Ashu Marasinghe sought a clarification as regards the difference in the current and the previous Exchange Control Acts. The then Chairman of the Public Finance Committee M.A. Sumanthiran remained silent during the exchange between Ravi Karunanayake and the CBSL.

The circumstances of the Exchange Control Act that had been introduced was disputed by no less a person than the CBSL Governor. It would be pertinent to recall the advice given by Dr. Coomaraswamy to the electorate late 2018. Dr. Coomaraswamy issued the advice before President Maithripala Sirisena dissolved Parliament at midnight on 09 Nov., 2018, following the sacking of Premier Ranil Wickremesinghe.

Dr. Coomaraswamy’s statement, made before the Presidential Commission of Inquiry (PCol) on irregularities at SriLankan Airlines, SriLankan Catering and Mihin Lanka is relevant as Sri Lanka struggles to navigate difficulties. Dr. Coomaraswamy told the PCol that the country was facing a non-virtuous cycle of debt and it was a very fragile situation which could even lead to a debt crisis. “Of course my colleagues in the Debt Department have plans and capability to manage it. But it’s the duty of every citizen to act responsibly as regards the government policy,” he told the PCol. Dr. Coomaraswamy emphasized that people should elect MPs who were prudent enough to handle fiscal and monetary matters of the country. “I am not referring to any government, but it’s been the case ever since independence.”

In spite of knowing that the Exchange Control Act of 2017 is seriously flawed, political parties have done nothing so far to bring forth remedial measures, especially by those now wielding power. Perhaps the Committee on Public Finance should inquire into this. The Parliament should be ashamed of its failure to address this issue.

Lapses on the part of Parliament

The pathetic failure on the part of Parliament to deal with gold smuggling MP Ali Sabry Raheem (Puttalam District MP representing the Muslim National Alliance), for over five months, underscored the crisis the country is experiencing. Many an eyebrow was raised when the disgraced MP Raheem attended a meeting, chaired by President Ranil Wickremesinghe at the Presidential Secretariat,where ways and means of strengthening the gem and jewellery industry was discussed. Raheem was there as a member of the Sectoral Monitoring Committee on Environment, Natural Resources and Sustainable Development.

The Parliament owed an explanation why it couldn’t take action against the offending MP. The All Ceylon Makkal Congress (ACMC) that fielded Raheem on the MNA ticket, too, should be held responsible. The first time entrant, who was fined much less than any other offender after being caught with 3.3 kgs of gold and 91 smartphones valued at Rs. 74 mn and Rs. 4.2 mn, respectively, in late March this year, caused quite a stir when he voted in Parliament immediately after the disgraceful incident.

The President’s Office obviously failed in its basic responsibilities by inviting the culprit for a meeting with the President. But, the President’s appearance at the LPL final stressed that the ongoing controversy over massive financial irregularities didn’t matter at all. The question that must be popping up in the heads of most Lankans is are we being governed by baby faced bandits. Political party system continues to emphasize that regardless of whatever transgression, alleged wrongdoers can continue with impunity. There cannot be a better example to prove the shoddy way Parliament addressed issues of utmost importance than the gold smuggling’s MP’s affair.

The recent call by the Leader of the House Susil Premjayantha to summon MP Raheem before the parliamentary ethics committee, over five months after the incident at the BIA, must be nothing but another bid to side-step the issue.



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Midweek Review

Aragalaya: GR blames CIA in Asanga Abeyagoonasekera’s explosive narrative

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Asanga

Did CIA chief William Burns visit Colombo in Feb 2023? Sri Lanka and the US refrained from formally confirming the visit. The Opposition sought confirmation of the then CIA Chief’s visit to Colombo in terms of the Right to Information Act but the Wickremesinghe-Rajapaksa government sidestepped the query. A former Republican congressman from Texas and Director of National Intelligence (2020–2021) John Ratcliffe succeeded Burns in late January 2025.

 

On the sheer weight of new evidence presented by Asanga Abeyagoonasekera’s ‘Winds of Change’, readers can get a clear picture of the forces that overthrew President Gotabaya Rajapaksa in 2022.

Even five years after the political upheaval, widely dubbed ‘Aragalaya,’ controversy surrounds the high-profile operation that forced wartime Defence Secretary Gotabaya Rajapaksa to literally run for his dear life.

Gotabaya Rajapaksa, formerly of the Army but a novice to party politics, comfortably won the 2019 November presidential election against the backdrop of the Easter Sunday carnage that caused uncertainty and suspicions among communities. The economic crisis, also clandestinely engineered from abroad, firstly by crippling vital worker remittances from abroad, almost from the onset of Gotabaya Rajapaksa’s presidency, overwhelmed the government and created the environment conducive for external intervention. Could it have been avoided if the government, that enjoyed a near two-thirds majority in Parliament, sought the help of the International Monetary Fund (IMF)?

The costly and well-funded book project, undertaken at the time Abeyagoonasekera was working on a governance diagnostic report for the IMF, in the wake of the change of government in Sri Lanka, meticulously examined the former Lieutenant Colonel’s ouster, taking into consideration regional as well as global developments. Abeyagoonasekera dealt efficiently and furiously with rapidly changing situations and developments before the unprecedented 03 January, 2026, US raid on Venezuela.

Lt. Col. (retd) Gotabaya Rajapaksa, for some unexplainable reason and a considerable time after the events, has chosen to blame his ouster on the United States. We cannot blame him either, by the way we have seen how other regime changes had been engineered, in our region, by Washington, since and before Gotabaya’s ouster. The accusation is extraordinary as Gotabaya Rajapaksa in his memoirs ‘The conspiracy to oust me from presidency’ refrained from naming the primary conspirator, though he clearly alluded to an international conspiracy.

April 8, 2019 meeting

Launched in March 2024, in the run-up to the presidential election that brought Anura Kumara Dissanayake (AKD) to power, almost in a dream ride, if not for the intervening outside evil actors, ‘The conspiracy to oust me from presidency’ discussed the international conspiracy, but conveniently failed to name the primary conspirator. What made the former President speak so candidly with Abeyagoonasekera, the founding Director-General of the national security think tank, the Institute of National Security Studies Sri Lanka (INSS), under the Ministry of Defence, from 2016 to 2020?

Abeyagoonasekera also served as Executive Director at the Lakshman Kadirgamar Institute (LKI), under the Ministry of Foreign Affairs (2011–2015), during Mahinda Rajapaksa’s second term as the President. The author, both precisely and furiously, dealt with issues. Readers may find very interesting quotes and they do give a feeling of the author’s general hostility towards the US, India, as well as to the US-India marriage of convenience. Those who sense so may end up thinking ‘Change of Winds’ being supportive of the Chinese strategy. Among the highly sensitive quotes that underlined the Indian approach were attributed to Indian Defence Secretary Sanjay Mitra. The author quoted Mitra as having declared: “We need the MRCC centre [Maritime Rescue Coordination Centre], and you cannot give it to another nation.” As pointed out by the author, it was not a request but an order given to Sri Lanka on 8 April, 2019, meant to prevent Sri Lanka from even considering a competing proposal from China. Against that background, the author, who had been present at that meeting at which the Sri Lanka delegation was led by then Defence Secretary Hemasiri Fernando, questioned the failure on the part of the delegations to take up the Easter Sunday attacks. Terrorists struck two weeks later. Implications were telling.

That particular quote reveals the circumstances India and the US operated here. No wonder the incumbent government does not want to discuss the secret defence MoUs it has entered into with India and the US as they would clearly reveal the sellout of our interests.

The following line says a lot about the circumstances under which Gotabaya Rajapaksa was removed: “In Singapore, a senior journalist recounted how Gotabaya Rajapaksa’s resignation was scripted, under duress, at a hotel, facilitated by a foreign motorcade.”

In the first Chapter that incisively dealt with the Belt and Road Initiative (BRI), the author was so lucky to secure an explosive quote from the ousted leader in an exclusive, hitherto unreported, interview in June 2024, a few months after the launch of Gotabaya Rajapaksa’s memoirs. The ex-President hadn’t minced his words when he alleged that the Central Intelligence Agency (CIA) orchestrated his removal. He also claimed that he had been under US surveillance throughout his presidency.

The ousted leader has confidently cleared India’s Research and Analysis Wing (RAW) of complicity in the operation. What made him call Indian National Security Advisor (NSA) Ajit Doval ‘a good man,’ in response to Abeyagoonasekera’s pointed query. Abeyagoonasekera quoted Gotabaya Rajapaksa as having said: “… he would never do such things.” The ex-President must have some reason to call Doval a good friend, regardless of intense pressure exerted on him and the Mahinda Rajapaksa government by the Indians to do away with large scale Chinese-funded projects. (Doval in late October last year declared “poor governance” was the reason behind uprisings that led to change of governments in Bangladesh, Nepal, and Sri Lanka over the period of past three-and-a-half years. The media quoted Doval as having said, during a function in New Delhi, that democracy and non-institutional methods of regime change in countries, such as Bangladesh, Sri Lanka and Nepal, created their own set of problems. That was the first time a senior Indian government official made remarks on Nepal’s government change, followed by the Gen Z uprising in early September, 2025.)

Gotabaya Rajapaksa also cleared the Chinese of seeking to oust him. It would be pertinent to mention that China reacted sternly when at the onset of the Gotabaya presidency, the President suggested the need to re-negotiate the Hambantota Port deal.

During the treacherous ‘Yahapalana’ administration (2015 to 2019) Gotabaya Rajapaksa told me how Doval had pressed him to halt not only the Colombo Port City project but to take back Hambantota Port as well. By then, the Chinese had twisted the arms of the Yahapalana leaders Mairthpala Sirisena and Ranil Wickremesinghe and secured the Hambantota Port on a 99-year lease in a one-sided USD 1.2 bn deal. The Colombo Port City project, that had been halted by the Yahapalana government, too, was resumed possibly under Chinese threat or for some money incentive.

Once Wijeyadasa Rajapakshe, PC, declared, at a hastily arranged media briefing at Sri Lanka Foundation (SLF), that Sri Lanka would be relentlessly targeted as long as the Chinese held the Hambantota Port. The writer was present at that media briefing.

Wijeyadasa Rajapakshe said so in the aftermath of the 2019 Easter Sunday carnage, while disclosing his abortive bid to convince the Yahapalana government to abrogate the Hambantota Port deal. Did the parliamentarian know something we were not aware of? The author’s assessment, regarding the Easter Sunday attacks, based on interviews with Chinese officials and scholars, is frightening and an acknowledgement of a possible Western role in Sri Lanka’s destabilisation plot.

The ousted leader, in his lengthy interview with Abeyagoonasekera, made some attention-grabbing comments on the then US Ambassador here, Julie Chung. The ex-President questioned a particular aspect of Chung’s conduct during the protest campaign but his decision not to reveal it all in his memoirs is a mystery. Perhaps, one of the most thought-provoking queries raised by Abeyagoonasekera is the rationale in Gotabaya Rajapaksa’s claim that he didn’t want to suppress the protest campaign by using force against the backdrop of his own declaration that the CIA orchestrated the project.

Author’s foray into parliamentary politics

Gotabaya

For those genuinely interested in post-Chandrika Bandaranaike Kumaratunga developments, pertaining to international relations and geopolitics, may peruse ‘Winds of Change’ as the third of a trilogy. ‘Sri Lanka at Crossroads’ (2019) dealt with the Mahinda Rajapaksa period and ‘Conundrum of an Island’ (2021) discussed the treacherous Sirisena–Wickremesinghe alliance. The third in the series examined the end of the Sri Lanka Podujana Peramuna’s (SLPP) President Gotabaya Rajapaksa’s rule and the rise of Anura Kumara Dissanayake (AKD) whom the author described as a Marxist, though this writer is of the view the JVP and NPP leader AKD is not so. AKD has clearly aligned his administration with US-India while trying to sustain existing relationship with China.

Among Asanga Abeyagoonasekera’s other books were ‘Towards a Better World Order’ (2015) and ‘Teardrop Diplomacy: China’s Sri Lanka Foray’ (2023, Bloomsbury).

Had Abeyagoonasekera succeeded in his bid to launch a political career in 2015, the trilogy on Sri Lanka may not have materialised. Abeyagoonasekera contested the Gampaha district at the August 2015 parliamentary election on the UNP ticket but failed to garner sufficient preferences to secure a place in Parliament. That dealt a devastating setback to Abeyagoonasekera’s political ambitions, but the Wickremesinghe-Sirisena administration created the Institute of National Security Studies Sri Lanka (INSS), under the Ministry of Defence, for him. Abeyagoonasekera received the appointment as the founding Director-General of the national security think tank, from 2016 to 2020.

Several persons dealt with ‘Aragalaya’ (the late Prof. Nalin de Silva used to call it (Paragalaya) before Abeyagoonasekera though none of them examined the regional and global contexts so deeply, taking into consideration the relevant developments. Having read Wimal Weerawansa’s (Nine: The hidden story), Sena Thoradeniya’s (Galle Face Protest; Systems Change or Anarchy?). Mahinda Siriwardena’s (Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery) and Prof. Sunanda Maddumabandara’s (Aragalaye Balaya), the writer is of the opinion Abeyagoonasekera dealt with the period in question as an incisive insider.

Abeyagoonasekera, as a person who left the country, under duress, in 2021, painted a frightening picture of a country with a small and vulnerable economy trapped in major global rivalries. The former government servant attributed his self–imposed exile to two issues.

The first was the 2019 Easter Sunday carnage. Why did the Wickremesinghe-Sirisena government ignore the warning issued by Abeyagoonasekera, in his capacity as DG INSS, in respect of the Easter Sunday bombing campaign? There is absolutely no ambiguity at all in his claim. Abeyagoonasekera insists that he alerted the government four months before the National Thowheed Jamath (NTJ) bombers struck. The bottom line is that Abeyagoonasekera had issued the warning several weeks before India did but those at the helm of that inept administration chose to turn a blind eye.

The second was the impending economic crisis that engulfed the country in 2022. Abeyagoonasekera is deeply bitter about his arrest on 21 July, 2024, at the Bandaranaike International Airport (BIA) over an alleged IRD –related offence as reported at that time, especially because he was returning home to visit his sick mother.

Asanga’s father Ossie, a member of Parliament and controversial figure, was killed in an LTTE suicide attack at Thotalanga in late Oct. 1994. The Chairman and leader of Sri Lanka Mahajana Pakshaya had been on stage with then UNP presidential election candidate Gamini Dissanayake when the woman suicide cadre blasted herself. The assassination was meant to ensure Kumaratunga’s victory. The LTTE probably felt that it could manipulate Kumaratunga than the experienced Dissanayake who may have had reached some sort of consensus with New Delhi on how to deal with the LTTE.

Let me reproduce a question posed to Asanga Abeyagoonasekera and his response in ‘Winds of Change’ as some may believe that the author is holding something back. “Didn’t they listen?” a US intelligence officer had asked me incredulously after the bombings. Years later, during my role as a technical advisor for the International Monetary Fund (IMF) amid Sri Lanka’s collapse, the question resurfaced: “How did you foresee the collapse of a powerful regime with a majority in parliament?” My answer remained the same—patterns. Rigorously gathered data and relentless analysis reveal the arcs of history before they unfold.

Perhaps, readers may find what former cashiered Flying Officer Keerthi Ratnayake had to say about ‘Aragalaya’ and related developments (https://island.lk/ex-slaf-officer-sheds-light-on-developments-leading-to-aragalaya/)

Bombshell claim

Essentially, Abeyagoonasekera, on the basis of his exclusive and lengthy interview with former President Gotabaya Rajapaksa, confirmed what Wimal Weerawansa and Sena Thoradeniya alleged that the US spearheaded the operation.

But Prof. Maddumabandara, a confidant of first post-Aragalaya President Ranil Wickremesinghe has bared the direct Indian involvement in the regime change operation. In spite of Gotabaya Rajapaksa confidently clearing Indian NSA Doval of complicity in his ouster, Prof. Maddumabandara is on record as having said that the then Indian High Commissioner here Gopal Baglay put pressure on Speaker Mahinda Yapa Abeywardena to take over the government for an interim period. (https://island.lk/dovals-questionable-regional-stock-taking/)

Obviously, the US and India worked together on the Sri Lanka regime change operation. That is the undeniable truth. India wanted to thwart Wickremesinghe receiving the presidency by bringing in Speaker Abeywardena. That move went awry in spite of some sections of both Buddhist and Catholic clergy throwing their weight behind New Delhi.

The 2022 violent regime change operation cannot be discussed without taking into consideration the US-led project that also involved the UNP, JVP and TNA to engineer retired General Sarath Fonseka’s victory at the 2010 presidential election and their backing for turncoat Maithripala Sirisena at the 2015 presidential election.

The section, titled ‘Echoes of Crisis from Sri Lanka to Bangladesh: South Asia’s Struggle in a Polycrisis’, is riveting and underscores the complexity of the situation and fragility of governments. Executive power and undisputable majorities in Parliament seems irrelevant as external powers intervene thereby making the electoral system redundant.

Having meticulously compared the overthrowing of Gotabaya Rajapaksa and Bangladesh’s Premier Sheikh Hasina, the author condemned them for their alleged failures and brutality. Abeyagoonasekera stated: “When the military sides with the protesters, as it did in Sri Lanka and now in Bangladesh, it reveals the rulers’ vulnerabilities.” The author unmercifully chided the former President for seeking refuge in the West while alleging direct CIA role in his ouster. But that may have spared his life. Had he sought a lifeline from the Chinese so late the situation could have taken a turn for worse.

The comment that had been attributed to Gotabaya Rajapaksa seemed to belittle Ranil Wickremesinghe who accepted the challenge of becoming the Premier in May 2022 and then chosen by the ruling SLPP to complete the remainder of Gotabaya Rajapaksa’s five-year term. Ranil was definitely seen as an opportunistic vulture who backed ‘Aragalaya’ without any qualms till he saw an opening for himself out of the chaos.

On Wickremesinghe’s path

Abeyagoonasekera discussed the joint US-Indian strategy pertaining to Sri Lanka. Whatever the National People’s Power (NPP) and its President say, the current dispensation is continuing Wickremesinghe’s policy as pointed out by the author. In fact, this government appears to be ready even to go beyond Wickremesinghe’s understanding with New Delhi. The Memorandum of Understanding (MoU) on defence and the selling of the controlling interests of the Colombo Dockyard Limited (CDL) to India, mid last year, must have surprised even those who always pushed for enhanced relations at all levels.

The economic collapse that resulted in political upheaval has given New Delhi the perfect opportunity to consolidate its position here. Uncomplimentary comments on current Indian High Commissioner Santosh Jha in ‘Winds of Change’ have to be discussed, paying attention to Sri Lanka’s growing dependence and alleged clandestine activities of India’s Research and Analysis Wing (RAW). Abeyagoonasekera seemed to have no qualms in referring to RAW’s hand in 2019 Easter Sunday carnage.

Overall ‘Winds of Change’ encourages, inspires and confirms suspicions about US and Indian intelligence services and underscores the responsibility of those in power to be extra cautious. But, in the case of smaller and weaker economies, such as Sri Lanka still struggling to overcome the economic crisis, there seems to be no solution. Not only India and the US, the Chinese, too, pursue their agenda here unimpeded. Utilisation of political parties, represented in Parliament, selected individuals, and media, in the Chinese efforts, are obvious. Once parliamentarian Wijeyadasa Rajapakshe raised the Chinese interventions in Sri Lanka. He questioned the Parliament receiving about 240 personal laptops for all parliamentarians and top officials. The then UNPer told the writer his decision not to accept the laptop paid for by China. Perhaps, he is the only Sri Lankan politician to have written a strongly worded letter to Chinese leader Xi warning against high profile Chinese strategy.

Winds of Change
is available at
Vijitha Yapa and Sarasavi

By Shamindra Ferdinando

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Beginning of another ‘White Supremacist’ World Order?

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Donald Trump’s complete lack of intelligence, empathy and common sense have become more apparent during the current term of his presidency.  Ordinarily, a country’s wish to self-destruct as the United States seemingly does at present, and as the violence against US citizens and immigrants alike at the hands of federal authorities have shown in Minnesota, can be callously considered the business of that country. If the Trumpian imbecility was unfolding in Sri Lanka, anywhere else in South Asia or some other country of the purported Third World, the so-called World Order, led by the United States, would be preaching to us the values of democracy and human rights.  But what happens when the actions of a powerful country, such as the United States, engulfs in the ensuing flames the rest of us? Trump and his madness then necessarily become our business, too, because combined with the military and economic power of the United States and its government’s proven lack of empathy for its own people, and the rest of the world, is quite literally a matter of global survival. Besides, one of the ‘positive’ outcomes of the Trumpian madness, as a friend observed recently, is that “he has single-handedly exposed and destroyed the fiction of ‘Western Civilisation’, including the pretenses of Europe.”

It is in this context that the speech delivered by the Canadian Prime Minister, Mark Carney, at the World Economic Forum, in Davos, on 20 January, 2026, deserves attention.  It was an elegant speech, a slap in the face of Trump and his policies, the articulation of the need for global directional change, all in one. But, pertinently, it was also a speech that did not clearly accept responsibility for the current world (dis)order which Carney says needs to change.  The reality of that need, however, was overly reemphasised by Trump himself during his meandering, arrogant and incohesive speech delivered a day later, spanning over one hour.

My interest is in what Carney did not specifically say in his speech: who would constitute the new world order, who would be its leaders and why should we believe it would be any different from the present one?

Speaking in French, Carney observed that he was talking about “a rupture in the world order, the end of a pleasant fiction and the beginning of a harsh reality, where geopolitics, where the large, main power, geopolitics, is submitted to no limits, no constraints.” He was, of course, responding to the vulgar script for global domination put in place by the Trumpian United States, given Trump’s declared interest in seeing Canada as part of the United States, his avarice for Greenland, not to mention his already concluded grab for Venezuelan oil. But within this scenario, bound by ‘no limits’ and ‘no constraints’ he was also talking of Russia and China albeit in a coded language.

He reiterated, “that the other countries, especially intermediate powers like Canada, are not powerless. They have the capacity to build a new order that encompasses our values, such as respect for human rights, sustainable development, solidarity, sovereignty and territorial integrity of the various states. The power of the less power starts with honesty.”

Who could disagree with Carney? His words are a refreshing whiff of fresh air in the intellectual wasteland that is the Trumpian Oval Office and the current world order it prevails over. But where has been the ‘honesty’ of the less powerful in the specific situation where he equates Canada itself within this spectrum? He tells us that “the rules-based order is fading, that the strong can do what they can, and the weak must suffer what they must.”

That is stating the obvious. We have known this for decades by experience. Long before Canada’s relative silence with regard to Trump’s and US’ facilitation of the assault on Palestine and the massacre of its people, and the US President’s economic grab in Venezuela and the kidnapping of that country’s President and his wife, Canada’s own chorus in the world order that Carney now critiques has been embellished by silence or – even worse – by chords written  by the global dominance orchestra of the United States.

He says the fading of the rules-based order has occurred because of the “strong tendency for countries to go along, to get along, to accommodate, to avoid trouble, to hope that compliance will buy safety.” Canada fits this description better than most other nations I can think of. But would Canada, along with other nations among the silent majority within the ‘intermediate powers’ take the responsibility for the mess in the world precisely that silence has directly led to creating? Who will pay for the pain many nations have endured in the prevailing world order? Will Canada lead the way in the new world order in doing this?

Carney further articulates that “for decades, countries like Canada prospered under what we called the rules-based international order. We joined its institutions, we praised its principles, we benefited from its predictability. And because of that, we could pursue values-based foreign policies under its protection.”

But this is not true, is it?  Countries like Canada prospered not merely because of the stability of rules of the world order, but because they opted for silence when they should not have.  The rupture and the chaos in the world order Carney now critiques and is insanely led by Trump today is not merely the latter’s creation. It has been co-authored for decades by countries such as Canada, France, the United Kingdom to mention just a few who also regularly chant the twin-mantras of human rights and democracy. Trump is merely the latest and the most vocal proponent of the nastiness of that World Order.

It is not that Carney is unaware of this unpleasant reality.  He accepts that “the story of the international rules-based order was partially false, that the strongest would exempt themselves when convenient, that trade rules were enforced asymmetrically. And we knew that international law applied with varying rigour depending on the identity of the accused or the victim.”

While Canada seems to be coming to terms with this reality only now, countries like Sri Lanka and others in similarly disempowered positions in this world order have experienced this for decades, because, as I have outlined earlier, Canada et al have been complicit sustainers of the now demonised and demonic world order.

It is not that I disagree with the basic description Carney has painted of the status of the world. But from personal experience and from the perspective of a citizen from a powerless country, I simply do not trust those who preach ‘the gospel of the good’ not as a matter of principle, but only when the going gets tough for them.

At this rather late stage, Carney says, Canada is “amongst the first to hear the wake-up call, leading us to fundamentally shift our strategic posture.” Unfortunately, we, the people of countries who had to dance to the tunes of the world order led by the First World, have heard it for years, with no one listening to us when our discomforts were articulated. Now, Carney wants ‘middle powers’ or ‘intermediate powers’ within which he also locates Canada, “to live the truth?” For him, the truth means “naming reality” as it exists; “acting consistently” towards all in the world; “applying the same standards to allies and rivals” and “building what we claim to believe in, rather than waiting for the old order to be restored.” This appears to be the operational mantra for the new world order he is envisioning in which he sees Canada as a legitimate leader merely due to its late wakeup call.

He goes on to give a list of things Canada has done locally and globally and concludes by saying, “we have a recognition of what’s happening and a determination to act accordingly. We understand that this rupture calls for more than adaptation. It calls for honesty about the world as it is.” He goes on to say Canada also has “the capacity to stop pretending, to name reality, to build our strength at home and to act together.” He notes this is “Canada’s path. We choose it openly and confidently, and it is a path wide open to any country willing to take it with us.” Quite simply, this a leadership pitch for a new world order with Canada at its helm.

Without being overly cynical, this sounds very familiar, not too dissimilar to what USAID and Voice of America preached to the world; not too dissimilar to what the propaganda arms of the Soviet Union and the Chinese Communist Party used to preach in our own languages when we were growing up. It is difficult to buy this argument and accept Canadian and middle country leadership for the new world order when they have been consistently part of the problem of the old one and its excuses for institutionalised double standards practiced by international organisations such as the likes of the United Nations, the World Bank, the International Monetary Fund and other hegemonic entities that have catered to the whims of that world order.

As far as Canada is concerned, it is evident that it has suddenly woken up only due to an existential threat at home projected from across its southern border and Trump’s threats against the Danish territory of Greenland. When Gaza was battered, and Venezuela was raped, there was no audible clarion call. Therefore, there is no real desire for democracy or human rights in its true form, but a convenient and strategic interest in creating a new ‘white supremacist’ world order in the same persona as before, but this time led by a new white warrior instead. The rest of us would be mere followers, nodding our heads as expected as was the case before.

As the 20th century American standup comedian Lenny Bruce once said, “never trust a preacher with more than two suits.” Mr. Carney, Canada along with the so-called middle powers and the lapsed colonialists have way more than two suits, and we have seen them all.

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Midweek Review

The MAD Spectre

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Lo and behold the dangerous doings,

Of our most rational of animals,

Said to be the pride of the natural order,

Who stands on its head Perennial Wisdom,

Preached by the likes of Plato and Confucius,

Now vexing the earth and international waters,

With nuke-armed subs and other lethal weapons,

But giving fresh life to the Balance of Terror,

And the spectre of Mutually Assured Destruction.

By Lynn Ockersz

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