Friday, July 28, 2023

Sri Lanka’s Road to Recovery: A call for Progressive Leadership

 

In the wake of a devastating economic collapse, Sri Lanka found itself in the midst of an unprecedented crisis, leaving its citizens grappling with despair and uncertainty. Long fuel queues, bare shelves in food stores, and fiery protests painted a heart-wrenching picture of the nation's struggles. While superficial improvements may offer temporary respite, the underlying issues persist, threatening to push millions further into poverty. Reputed organizations like the World Bank's published reports reveal that over 30% of the population lives below the national poverty line, with rural areas bearing the brunt. This dire situation demands a bold and decisive solution - it demands a government that is unwavering in its commitment to progressive change.


*Unmasking the Fragile Recovery*

The emergence of a new government in May 2022 under the leadership of Ranil Wickremesinnghe brought hope, but signs of relief remain precarious and deceptive. Reports from respected research agencies, both local and international, expose the reality of economic challenges when seeing long queues in places like Divisional Secretariats and government banks to collect their social security payment confirmation letters and to open bank accounts to receive funds. Rural areas are hit particularly hard, exacerbating the hardship for vulnerable communities. We cannot afford to be complacent; meaningful reform and accountability are the need of the hour.

*The High Cost of Survival*

As the cost of essential commodities skyrockets, the plight of millions in lower-income groups worsens. Basic necessities like food, fuel, electricity, and medicines slip out of reach for those who need them most. The World Bank's published statistics reveal that over 20% of Sri Lanka's population is undernourished, and the specter of malnutrition haunts our children. Families are forced to make agonizing choices between food, utilities, and healthcare, compromising their very survival.

*The Bitter Pill of Economic Reforms*

Sri Lanka sought a lifeline through a bailout package from the International Monetary Fund (IMF). However, the conditions attached to this aid have only burdened an already suffering population. Higher taxes, deep cuts to government spending, and welfare program reductions have intensified the hardships faced by the vulnerable. Essential services like education and healthcare have borne the brunt, with public hospitals and schools facing crippling funding cuts. The World Bank's published data confirms that these measures have led to an alarming increase in school dropouts, perpetuating the vicious cycle of poverty.

*The Way Forward: Hope Amidst Uncertainty*

Sri Lanka stands at a critical juncture, in dire need of a transformative path to recovery. Our nation yearns for true political change, transparency, and a brighter future where the welfare and prosperity of every citizen are prioritized. To achieve sustainable development, we must revitalize key sectors like ICT, export agriculture, value-added exports of mineral products, tourism, and more. But beyond that, we must address the deep-rooted structural issues and tackle corruption head-on, as underscored by the agencies like Transparency International and Global Financial Integrity, a Washington based reputed think tank. Now is the time for bold steps and unwavering dedication.

*Embracing a Progressive Leadership*

Sri Lanka's journey to recovery is an arduous one, demanding bold and resolute leadership. Our nation cannot afford to falter in the face of adversity. As it stands today, only a progressive leadership can offer the most compelling and forceful solution to our country's challenges. Let us unite, not just in hope but in action, as we embrace a government that will steer Sri Lanka towards a brighter tomorrow - a government that is unyielding in its commitment to the welfare and well-being of its people. Together, let us rise and build a prosperous and equitable Sri Lanka, under the banner of inclusive governance.

*Conclusion*

Only a truly progressive party can lead Sri Lanka towards a comprehensive and inclusive solution to its pressing economic and social problems. The educated civil society in the country firmly believes in the essence of this vision. The majority of university academics and professional bodies in the country recognize a party that is committed  to equitable growth through a production economy, poverty reduction, and social welfare for the most vulnerable citizens. With a dedication to sustainable economic reforms and transparent governance, this progressive movement offers Sri Lankans a beacon of hope and a path to an equitable and prosperous future.

Polito


Thursday, July 27, 2023

Sri Lanka’s Austerities Unveiled by President’s Actions

 


Economic reforms, implemented under IMF guidance and touted as the solution to Sri Lanka's woes, have yielded apparent short-term gains. However, beneath the surface lies a nation grappling with the weight of austerities inflicted by President Wickremesinghe and his UNP-SLPP allies. Despite the reduction in electricity tariffs, gas prices, and inflation, an alarming number of citizens are being pushed towards or below the poverty line, leading to a growing malnourishment crisis, inadequacies in public healthcare, and an unprecedented exodus of people seeking a better future elsewhere.


*Disinflationary Policy as a Fragile Crutch*

The stability and progress observed so far are a result of a deliberate disinflationary policy. However, this policy's efficacy has its limits, and debt restructuring with foreign creditors looms ahead, potentially burdening the nation's treasury further. As certain restrictions on imports, capital transfers, and currency transactions must be lifted, Sri Lanka faces an uncertain economic landscape, where IMF's austerity measures continue to disproportionately impact the vulnerable strata of society, further deepening the economic disparities

*The Cancer of Corruption Eroding Progress*

Despite the touted reforms, a pressing issue continues to undermine any meaningful progress - corruption. Rampant and deeply ingrained within the nation's governance, corruption hampers the effective implementation of progressive legislation, rendering many measures ineffective in practice. From the tax administration's inefficiency to notorious corruption within non-ministerial departments and questionable deals made by politicians, this institutionalized corruption plagues Sri Lanka's political culture, obstructing any hope of real economic reform.

*Ethnic Reconciliation and Elusive Accountability*

Sri Lanka's post-independence ethnic discord, born out of an aggressive Sinhala Buddhist majoritarian democracy, presents another obstacle to progress. With ethnonational democracy enabling corruption to flourish, the issue of ethnic reconciliation remains unresolved. The alleged All Party Conference (APC) which was held on 26 July at the President’s Secretariat was another disguised attempt by the Selected President Ranil Wickremesinghe to deceive the Tamil vote base in the Northern and Eastern districts and at the outset it raised doubts about his true intention to address the core issues. Without genuine efforts to achieve ethnic reconciliation and tackle corruption at its roots, long-term economic development and prosperity will remain elusive.

*NPP’s Ray of Hope for a Changing Political Culture*

In this landscape of challenges, only the National People's Power (NPP) party seems to recognize the urgent need for a change in the nation's political culture. Their aspirations to combat corruption and achieve true ethnic reconciliation offer a ray of hope for a brighter future. As Sri Lanka stands at a crossroads, the question remains whether the nation will embrace this opportunity for transformation and grant NPP the chance to shape a new and prosperous path forward.

Polito

Sunday, July 2, 2023

Sri Lanka's Debt Restructuring: Fairness at Stake and an Uncertain Future

 


In a dramatic turn of events, Sri Lanka's Central Bank and Finance Ministry have finally unveiled their long-awaited plan for domestic debt restructuring—a vital step in achieving debt sustainability as demanded by the IMF. However, as Governor Nandalal Weerasinghe reluctantly announced the move, it became apparent that the burden of this restructuring would not be shared equally. The preferential treatment given to foreign investors and a few selected domestic creditors raises questions about fairness and the potential repercussions for the economy.

*The Unequal Burden: An Unbalanced Approach*

Governor Weerasinghe, who had staunchly opposed domestic debt restructuring in the past, now argued for locals to share the burden, citing the 30 percent reduction in the value of sovereign bonds demanded from foreign creditors. While commercial banks have been exempted from the restructuring, reducing concerns of a bank run, this selective approach violates the principle of treating all creditors equally.
Under the Domestic Debt Optimization (DDO) plan, bonds held by pension funds, including the significant Employees Provident Fund, will face extended tenure and reduced coupon interest rates. Meanwhile, bonds held by banks, a few primary dealers, and selected high-net-worth investors remain untouched, creating an imbalance in the impact on different bondholders.

*Focusing on Sri Lanka Development Bonds (SLDBs)*

The restructuring primarily targets dollar-denominated SLDBs, leaving holders facing a potential 30 percent reduction in value. The remaining amount will be locked in for six years, earning a meager 4.0 percent interest. Alternatively, bondholders may exchange their dollar bonds for depreciated rupees, with a slightly higher interest rate than the central bank's policy rate, but with the funds locked in for a decade.
Governor Weerasinghe argues that these measures will improve the balance sheets of commercial banks, as they have already been asked to account for a 35 percent reduction in the value of SLDBs. While this may provide some relief, concerns linger about the overall impact on the banking sector and the potential consequences for investors in the stock exchange.

*The Fallout: Disproportionate Impact and Lingering Doubts*

The political consequences of the debt restructuring are expected to hit the Employees Provident Fund (EPF) the hardest. While the Central Bank guarantees that the EPF and other pension funds will receive 12 percent interest on their government bonds until 2025, and thereafter 09 percent, doubts arise about the value of assurances from a government already in default. However, currently, the weighted average for investment funds is 13.5%, and with the proposed step-down approach, the EPF would lose over three trillion of rupees by the end of the extended term of maturity.  

The burden of the restructuring disproportionately affects low-income earners, as the EPF, by law, primarily invests in government securities. The government's previous questionable investments and involvement in scams further exacerbate the situation, as taxpayers are once again burdened with revitalizing a bankrupt nation.

While the government has a parliamentary majority to push through the debt restructuring, legal challenges from EPF members and SLDB holders may arise. However, such proceedings could only prolong the pain.
Given the projected shortfall in state revenue and the narrow scope of the proposed DDO strategy, doubts persist about whether it provides enough flexibility for the government to regain control of the fragile budgetary situation. The burden ultimately falls on general taxpayers, particularly members of pension funds, further impacting low-income earners.

As Sri Lanka navigates its precarious budgetary situation and the looming specter of financial collapse, the government's controversial debt restructuring plan raises serious concerns. With an unequal distribution of the burden and a lack of transparency, the hardships faced by vulnerable sectors of society could worsen. Urgent action is needed to pursue a fair and sustainable path forward, ensuring a brighter future for all citizens and the economy as a whole.

By Polito


Saturday, July 1, 2023

Domestic Debt Restructuring: Unveiling the Hype, Lies, and Neglect

 *-The Government's Attempt to Clarify Domestic Debt Restructuring Falls Short of Reality-*



In the ongoing discourse surrounding Domestic Debt Restructuring (DDR), the government has made strenuous efforts to downplay its impact on the general population. However, recent revelations and developments tell a different story. It is becoming increasingly clear that the proposed DDR, under the guise of "optimization," poses a significant threat to the living standards of the people.

Initially, assurances were given that there would be no DDR, designed to alleviate concerns of an economic meltdown. Yet, it has come to light that key stakeholders were not entirely truthful about the matter. A Cabinet paper revealed the imposition of a precondition by International Sovereign Bondholders, indicating the necessity of DDR to facilitate negotiations with external debtors. The government's attempts to deny the imminent possibility of DDR were thus exposed.

Of utmost concern is the treatment of the Employees' Provident Fund (EPF), the country's largest private pension fund. Shockingly, the EPF management was left completely unaware of the details of the DDR process, learning about their inclusion through social media. This neglectful approach is reminiscent of past instances where vested interests manipulated the EPF for personal gain. The absence of representation from the contributory body raises serious questions about the management of the fund and the protection of the interests of its 2.5 million hardworking contributors.

Furthermore, the proposed DDR seeks to limit interest payments to a mere 9% for the next 16 years, significantly lower than the current average interest rate of around 13.5%. This move puts immense pressure on individuals who rely on their EPF savings for a secure future. Hardworking private sector employees, unlike their public sector counterparts, cannot simply rely on a pension after 20 years of service. The reduced returns on their EPF investments threaten their ability to make ends meet during retirement.

The DDR's impact extends beyond the EPF and directly affects the wider population. As the government assures us that the DDR will not affect local bank accounts, it conveniently omits that nearly half of these accounts consist of loans, leases, advances, or overdrafts. Many individuals are already struggling to meet their financial obligations. By neglecting to address the restructuring of these debts under the DDR, the government is putting the burden squarely on the shoulders of the working class.

It is essential for people to understand that the proposed DDR poses a real threat to their living standards. The government's promises of minimal impact on the population must be met with skepticism. It is our collective responsibility to voice our concerns and demand accountability to protect the interests and well-being of hardworking individuals and their families. We cannot afford to let the DDR erode the progress we have made and undermine the future prospects of our nation. It is time to stand up, raise our voices, and advocate for a fair and equitable approach that prioritizes the well-being of all Sri Lankans.

By Polito

Wednesday, June 21, 2023

CCTV released Kottawa shooting


 CCTV footage of the gunshot incident that was claimed to have taken place inside a medical lab on Piliyandla Road in Kottawa today (21) has been made available to the media.

After being shot by two unidentified assailants inside the medical laboratory early this morning, a 30-year-old man was declared dead.

According to the police, the motorcycle-riding assailants entered the medical laboratory, fired at the victim, and then took off.

The deceased, a worker at the medical laboratory, passed away in the ambulance on the way to the hospital.

According to police investigations, the shooting was carried out with a pistol. The incident is the subject of an investigation by the Kottawa Police. 

https://youtu.be/dkTqy5h_IMc

By Polito

Monday, June 12, 2023

Factum Perspective: Reflecting on the X-Press Pearl Case

 


The X-Press Pearl tragedy, which occurred on May 20, 2021, close to Sri Lanka's shore, is remembered as a terrifying incident with grave repercussions that have rippled across several fronts. Recent major developments have been spurred by this marine calamity, highlighting the seriousness of the issue and the urgent need for a prompt response.

Notably, the Attorney General’s Department of Sri Lanka has taken a pivotal step by opting to initiate legal proceedings in Singapore, a decision that underscores the magnitude of the disaster and showcases the government’s resolve to hold accountable those responsible.

By pursuing legal action in the jurisdiction where the ill-fated vessel was registered, Sri Lanka aims to seek redress and compensation for the extensive environmental devastation, economic losses, and detrimental health impacts inflicted by the calamity.

As the repercussions of the disaster continue to unfold, it becomes increasingly evident that comprehensive measures and just restitution are imperative to address the multidimensional implications and pave the way for recovery. This article examines the consequences of the X-Press Pearl incident for various sectors, shedding light on the urgency of addressing the multidimensional impacts and seeking appropriate compensation.

Environmental consequences

The X-Press Pearl disaster resulted in the release of hazardous materials and pollutants into the marine environment, causing widespread contamination. The deposition of plastic pellets, known as nurdles, has been a significant concern. These small plastic particles have littered Sri Lanka’s beaches, posing a severe threat to marine life.

Birds, turtles, and other marine animals often mistake nurdles for food, leading to internal injuries, starvation, and even death. The scale of nurdle pollution has been staggering, with microplastics polluting the coastal areas, threatening the delicate balance of the marine ecosystem. 

Furthermore, the incident has disrupted and degraded vital coastal habitats. The release of hazardous chemicals and the subsequent contamination of water bodies pose a severe risk to mangrove forests, coral reefs, and seagrass beds.

These habitats provide essential breeding grounds, nurseries, and shelter for numerous marine species. The toxic impact on these habitats can have cascading effects on the entire food web, resulting in the decline of fish stocks, the loss of biodiversity, and the overall degradation of coastal ecosystems. The disaster has put several endangered species at risk.

Sri Lanka is home to various marine animals, including sea turtles, dolphins, and whales, many of which are already vulnerable due to other environmental pressures.  The release of pollutants and the contamination of their habitats have intensified the threats they face.

For instance, sea turtles nesting along Sri Lanka’s beaches have been directly affected by the influx of plastic pellets, potentially hindering their reproductive success and overall population growth.

Economic ramifications

The economic repercussions of the X-Press Pearl incident have been far-reaching. Sri Lanka’s fishing industry, a vital source of livelihood for thousands of families, has been severely impacted. With the contamination of coastal waters, fishing activities have been disrupted, causing financial distress for over 20,000 fishing families and approximately 16,000 fishermen.

The decline in fish stocks and the loss of markets due to concerns over contamination have dealt a blow to the industry and its associated businesses, affecting the broader economy. Additionally, Sri Lanka’s reputation as an eco-tourism destination has been undermined.

The contamination of pristine beaches and the negative media coverage have deterred potential tourists concerned about the environmental fallout. This erosion of environmental reputation has direct economic implications, with a decline in tourist arrivals and revenues. The loss of revenue from tourism exacerbates the challenges faced by local communities and hampers efforts to restore and rehabilitate the affected areas.

Health implications

The release of hazardous chemicals into the environment during the X-Press Pearl disaster has exposed nearby communities to toxic substances. Inhalation of these pollutants can have detrimental effects on respiratory health, leading to various respiratory ailments such as asthma, bronchitis, and other respiratory tract infections. The long-term consequences of exposure to these toxic substances are yet to be fully understood, underscoring the importance of ongoing monitoring and healthcare services for affected individuals. 

Moreover, the contamination of coastal waters due to the spillage of hazardous materials presents a significant public health concern. The presence of toxic substances in water sources raises the risk of waterborne illnesses and diseases.

Local communities relying on these water sources for drinking, fishing, and other daily activities face potential health hazards. It also has brought into light that the disaster has had a profound impact on the mental health and well-being of affected communities.

The destruction of livelihoods, the uncertainty surrounding the long-term consequences, and the loss of natural resources have caused significant stress, anxiety, and psychological distress. Individuals and families affected by the disaster may experience emotional trauma, financial hardships, and a sense of displacement.

Recent developments: Seeking compensation

In a significant development, the Attorney General’s Department of Sri Lanka recently announced its decision to file a legal action in Singapore. The purpose of this legal move is to seek compensation for the environmental damages inflicted by the disaster.

The filing of a lawsuit in Singapore was an unexpected turn of events, catching many by surprise. Dr. Ravindranath Dabare, Chairman of the Centre for Environmental Justice and an Attorney-at-Law, has noted that the authorities had not previously disclosed their intention to pursue legal action in Singapore, making it a recent and consequential development.

Thus, the decision to pursue legal action in Singapore holds immense significance for the ongoing aftermath of the X-Press Pearl disaster. The move underscores the seriousness with which the Sri Lankan government views the environmental damages caused by the incident.

By seeking compensation through legal means, Sri Lanka aims to hold accountable those responsible for the catastrophic consequences of the disaster. The potential outcomes of this legal pursuit are multifaceted. If successful, it could provide much-needed financial resources to aid in the restoration of the affected ecosystem and support affected communities.

Moreover, it serves as a powerful statement, highlighting the importance of safeguarding the environment and deterring future incidents of a similar nature. In the wake of the X-Press Pearl disaster, it becomes evident that strengthening resilience and implementing preventive measures are imperative to safeguard Sri Lanka’s environment, public health, and economy.

This catastrophe serves as a wake-up call to reinforce regulations pertaining to the transportation of hazardous materials and enhance emergency response capabilities in maritime activities. Collaboration among authorities, industry stakeholders, and environmental organizations is essential in developing robust frameworks, promoting sustainable practices, and building a resilient future that minimizes the risks of similar incidents.

By Polito

Sunday, April 2, 2023

WHY POLICE FAILED TO STOP THE BLOODSHED IN MAY 2022


A new investigation has revealed that police inaction to prevent arson attacks against SLPP politicians in the Western province on May 9 may have been due to orders not to carry weapons to deal with protesters. Senior Deputy Inspector General Deshabandu Tennakoon had ordered all officers under him to ensure that no personnel was issued with arms and ammunition during the May 9 violence. Tennakoon had issued this order in his two-page instructions to DIGs, SSPs, SPs, ASPs, and officers in charge of all stations in the districts of Colombo, Kalutara, and Gampaha, stating that no weapons or ammunition should be issued under any circumstances to officers deployed to deal with the protesters.

The three-member investigation panel headed by former navy chief Wasantha Karannagoda appointed to look into the security lapses had yet to come across this order dated May 5. However, the panel had uncovered a similar order issued by the then-army chief Shavendra Silva.

A top official source revealed that deploying police without even their own personal protection is seen as a violation of departmental orders, and an internal investigation had begun.

Meanwhile, despite 400 air force men being deployed to protect President Ranil Wickremesinghe’s private residence, it was torched. The airmen did not open fire to deter a handful of attackers who scaled walls to enter the premises and set it on fire. Instead of dealing with the arsonists, a police Special Task Force (STF) unit outside the Fifth Lane residence of Wickremesinghe attacked a television crew, angering the protesters and encouraging more people to congregate there.

Several people identified through CCTV footage have already been arrested in connection
with the arson at Wickremesinghe’s residence. However, no action has been taken against police and security personnel who failed to ensure law and order.

By Polito

Sunday, March 26, 2023

AKD CRITICIZES THE PRESIDENT'S "FAILED" POLICIES

Anura Kumara Dissanayake, the leader of the NPP, said during a rally in Panadura that Sri Lanka cannot rely on loaning money or selling off state-owned property to further its development. He emphasized that this strategy has been tried ineffectively over the last three to four decades.

MP Dissanayake said that during the 2015–2019 period when he obtained US$12.5 billion in loans, President Ranil Wickremesinghe could have carried out his goal of developing the nation through loans.

By Poito

https://www.youtube.com/watch?v=W-EwMa3LT0A

“GIVE ME WHATEVER POSSIBLE, I ONLY HAVE THREE MONTHS LEFT”

 


Former Sri Lankan President Maithripala Sirisena has revealed that he has only three months left to pay the compensation related to the Easter attacks judgment. Speaking at a gathering in Baddegama, he stated that he is currently collecting as much money as possible from his friends.

The former President claimed that during his tenure, he won the trust of the world and established democracy in the country. However, the Easter attacks destroyed everything he had achieved. He expressed his dismay at being ordered to pay 100 million Sri Lankan rupees for an attack he did not commit.

"I neither stole nor bombed. Nowadays I am collecting the money from friends who I know. If you can, give me whatever amount possible as 3 months have already passed from the 6 months time given to me," he appealed.

The former President admitted that he does not know what the court's decision will be if he is unable to pay the compensation amount within the stipulated time. It remains to be seen whether Sirisena will be able to raise the required funds to pay the compensation or not.

By Polito

Saturday, March 25, 2023

DEVELOPING ECONOMIES & DIGITAL CURRENCIES OF CENTRAL BANKS

 


Central Bank Digital Currencies (CBDCs) can benefit businesses, banks, financial institutions, and governments. The emergence of CBDCs can offer several advantages to firms. For example, firms can streamline their cash flows using CBDCs, reducing potential fraud and speeding up internal auditing. Tokenization through CBDCs can help in transferring ownership of physical assets and create new types of data layers, enabling businesses to monetize and understand their internal flows better. CBDCs can also create a new form of financial infrastructure for firms, incentivizing them to digitize.

For banks and other financial institutions, CBDCs can automate processes like clearing and settling transactions. This would reduce the need for intermediaries, like correspondent banks, and decrease costs and complexity associated with cross-border payments. CBDCs can also increase transparency and reduce the risk of errors in clearing and settling transactions, increasing trust and confidence in the financial system. CBDCs can provide additional liquidity to the financial system in times of stress, acting as a “lender of last resort” for banks.

For governments, CBDCs can provide impetus for modernization, eliminating bottlenecks in the development process. CBDCs can enable governments to streamline and enhance welfare systems through optimization and monetization, using programmable coins and smart contract options. Governments can also use geo-tagged programmable coins, linking the use of digital currencies to specific locations, to address uneven economic growth and capital flow between rural and urban areas. CBDCs can help reduce corruption and fraud by embedding specific rules and conditions into the digital currency, creating a more secure and transparent financial system.

In summary, CBDCs can help mitigate the risks associated with cross-border transactions, reduce the need for intermediaries, increase transparency, provide additional liquidity to the financial system, and reduce corruption and fraud. CBDCs can also enable firms and governments to optimize and monetize their systems, creating a more efficient and secure financial infrastructure.

By Polito




Friday, March 24, 2023

BASL WRITES THE IGP OVER THE SALIYA PEIRIS PROTESTS.

 

Protest Outside BASL President's Law Chamber Condemned

The BAR Association of Sri Lanka (BASL) has condemned a protest staged today outside the Law Chamber of BASL President Saliya Pieris, PC. The protest was against his representation of notorious Sri Lankan drug kingpin Nadun Chinthaka alias "Harak Kata".

In a statement, BASL condemned the protest and pointed out that Saliya Pieris, PC was only performing his professional duties as an attorney representing a particular client.

The statement further added that the protest seriously hindered his right to represent a client, which is a professional right safeguarded by law.

The BASL called on the Inspector General of Police (IGP) to take action to ensure that Saliya Peiris's professional duties as an attorney are not hindered and to guarantee his safety.

The protest has sparked concerns over the safety of legal professionals in Sri Lanka, who must be allowed to carry out their professional duties without fear of harassment or intimidation.

By Polito



GOVERNMENT EXPLAINS REASONS FOR BLACKLISTING FORMER AIR FORCE OFFICIAL WHO SPOKE AT NPP RALLY

 


Ministry of Defence Responds to Queries Over Blacklisting of Retired Personnel

The Ministry of Defence has provided a response to queries raised by the National People's Power (NPP) regarding the blacklisting of two retired armed forces personnel, including retired Air Vice Marshal Sampath Thuyacontha, for their association with the NPP.

MP Anura Kumara Dissanayake, the leader of the NPP, addressed Parliament today, questioning the reason for the ban imposed on the two retired forces personnel.

State Minister of Defence, Premitha Bandara Tennakoon, responded to the question, clarifying that the Air Force and Sri Lanka Army have not imposed any ban prohibiting retired personnel from engaging in politics.

The State Minister further stated that a ban was imposed on retired Air Vice Marshal Sampath Thuyacontha due to a statement made during his appearance on a recent political stage in Gampaha. This statement was deemed a threat to national security and a breach of discipline by the Sri Lanka Air Force. The State Minister also noted that this was only one of many reasons for the ban.

However, the State Minister pointed out that the ban was only imposed on the two retired personnel and no action has been taken against other retired armed forces personnel working with the NPP.

The State Minister added that retired Air Vice Marshal Sampath Thuyacontha has been prohibited from entering any Air Force camps due to his statement urging armed forces personnel to join hands with him. Such actions could result in a conflict of interest for officers on duty and lead to animosity against the nation's leader and properties, which is deemed a threat to national security.

The matter was brought to Parliament after the NPP revealed that retired Air Vice Marshal Sampath Thuyacontha, a decorated pilot of the 09 Mi 24 attack helicopter squadron during Sri Lanka's civil war, has been blacklisted by the Air Force for his involvement with the NPP.

By Polito

Thursday, March 23, 2023

ERAN EXPLAINS WHY SJB IS OPPOSED TO THE CURRENT TAX LAW.

 


SJB MP Eran Wickramaratne has accused the Sri Lankan government of imposing a tax burden on poor and working people even before the implementation of the International Monetary Fund (IMF) conditions. He made these comments while addressing the press at the office of the opposition leader in Colombo on Wednesday (22) on the report submitted by the President to the Parliament regarding the IMF loan.

MP Wickramaratne noted that the taxation of capitalists has been delayed until January 2025, while the tax-free threshold has been reduced to the limit of Rs 100,000, which is not a big salary. He further added that this government is taking increased revenue from the poor and working people by crushing them.

Furthermore, the MP pointed out that Sri Lanka, which is already burdened with debt and bankrupt without the ability to repay it, has just taken another loan. He warned that the poor and low-income earners will be affected the most by the agreement with the IMF. The MP stated that the same people who created economic and political instability in the country are coming forward to solve this problem. He urged the government to be careful in implementing this loan proposal.

MP Wickramaratne also criticized the IMF's transparency policy, which allows the deletion of market-sensitive information and premature disclosure of the authorities' policy intentions in published staff reports and other documents. He called on the IMF to disclose its policies, saying that there should be policy disclosure.

In conclusion, the MP emphasized that the government, which is quick to tax the common people and the working people is not yet ready to provide social safety networks to the poor. He accused the government of prioritizing the protection of the wealthy and their properties.

By Polito

INQUIRIES CONCERNING TWO VICTIMS FOUND WITH SUSPICIOUS DEATHS


Two bodies have been discovered in the Pinnawala and Maha Oya areas under suspicious circumstances, according to police reports.
In Pinnawala, the body of a 36-year-old male who was reported to have died suspiciously was found in a forest reserve yesterday (22). 

The deceased was a resident of Pinnawala and had been receiving treatment for mental illness. He was reported missing on March 16, 2023. The body was discovered after the deceased's father filed a complaint with the Pinnawala Police station.

Meanwhile, the body of a 41-year-old man was found floating in a river near the Padiyathalawa Road in Maha Oya on the same day. The deceased, who was identified as a resident of Dambadeniya in Maha Oya, was found with a bicycle nearby. The police are currently investigating whether the man was murdered or drowned.

By Polito

Wednesday, March 22, 2023

THE PRESIDENT RANIL'S GENETIC STRUCTURE IS A POISON TO THE NATION


The people are often tantalized by the prospect of a fresh face when it comes to the incumbent president Ranil, who has already held the position of prime minister on six separate occasions. It is as though they believe they are entitled to govern the nation.
In Sri Lanka, the ostensible democratic republic title has been bestowed, yet many citizens remain ignorant of democracy and liberty. This is due to the practice of nepotism, whereby parliamentary seats are passed down from father to son, granted by the very people who lack understanding of the ideals above.
The Sri Lankan people, who have endured generations of oppression, take pride in the fact that their nation boasts the highest literacy rate in South Asia. In contrast, there are regions in India where individuals are unable to inscribe their own names. While it may be of little consequence whether one can simply sign their name, the literacy required to cast a vote will surely bring forth a brighter future for our country.
Over the course of time, I have penned numerous letters addressing the issue of literacy in voting. I implore you to consider this a noble cause and to open the eyes of those who hold the power of suffrage. It is worth noting that genetic makeup plays a pivotal role, as the actions of the elders will inevitably influence the behavior of their offspring and future generations.
This article will take you back to the late 17th century, as we delve into the origins of the current president's lineage. At that point in time, the Dutch had asserted their dominance over the coastal regions.
As the story goes, a youthful gentleman hailing from the Tamil family of the Hetti clan made his way to Sri Lanka from the Coromandel coast of South India, likely through trade or some other means. Along his journey, he stopped in the Hanwella region near Colombo, where he met and married a Sinhalese woman. In doing so, he relinquished his traditional language and religion, and adopted his wife’s name Jayawardena, dressing in Dutch garb to assimilate into his new surroundings.
Tragically, this couple was blessed with three children before the untimely passing of the husband. Their eldest child, Bulathge Don Adrian Wijayasinghe Jayawardene, was left to navigate the challenges of scarcity and loss during his upbringing. Seeking a way to survive amidst poverty, he made his way to Colombo where he ultimately found employment as a servant under Colonel Dieridge von Riberg, the chief of security at the Dutch Fort in Colombo.
Don Adrian represents the third generation of the Hetti clan to arrive from India. The Hetti family, posing as shrewd traders and assuming the guise of Sinhalese people, managed to win the favor and confidence of Colonel Dyridge. Through these efforts, they secured a position as an office assistant, known as an "arachchi," within the Dutch fort. It is worth noting that the ultimate objective of the Dutch, who had invaded and established control over the coastal regions of Sri Lanka, was to subjugate and conquer the entire island.
Don Adrian's sole means of earning the trust and goodwill of the Sinhalese was by providing the Dutch with intelligence on their activities. It was through this that he was swiftly promoted to the rank of a spy within the Dutch army and began receiving professional training. In Dutch, the term for "information" is "thombu," which subsequently led to Don Adrian being referred to as "Thombu Mudiance." Over time, this name was further modified and shortened to "Thambi Mudiance."
It is difficult to determine whether Don Adrian considered Sri Lanka his country. He was highly skilled in betraying his homeland to the Dutch, and as a result, he was granted large portions of land in Colombo by the Dutch authorities. However, as the balance of power in South Asia began to shift, with the English emerging as the dominant force after the Dutch, Don Adrian's fortunes took a turn for the worse. During this period, Trincomalee harbor held great strategic importance, as English ships were stationed there as a defense in their bid to seize power in India. The Dutch were required to pay taxes in order to keep control of the harbor. On August 26, 1795, Colonel Stewart, a strong and capable leader of the English army, launched an attack and successfully captured the harbor, thus consolidating English control over the region.
The determined and powerful English movement, fueled by their successful capture of Trincomalee, turned their sights to Batticaloa and captured it with ease. Buoyed by this victory, they quickly proceeded to take control of Jaffna Fort and Negombo Camp and began preparing to launch an assault on the Colombo Fort. The Dutch Governor at the time, Van Angelbeek, was deeply concerned by these attacks and ordered the fort's security measures to be strengthened. Don Adrian, who had previously gained notoriety as a spy for the Dutch, decided to send a spy to gather intelligence on the impending English attack and their forces. English captures the spy and commander Major Allen sentences Don Adrian to death.

Don Adrian Jayawardena, the cunning spy, managed to convince Major Allen to spare his life by giving valuable information about the Dutch fort, including secret passages and locations of hidden weapons. With this information, the English successfully captured the Colombo Fort from the Dutch, and Don Adrian's life was spared.

It is unclear whether Don Adrian actually made such a declaration, as there are no historical records or accounts that mention such an oath or declaration. However, it is known that Don Adrian was caught by the English and was given the choice to either give up the Dutch fort or be executed. He chose to betray the Dutch and gave up the fort to the English. He was subsequently rewarded by the English with a large grant of land, becoming one of the wealthiest landowners in Sri Lanka at the time.
On the sixteenth day of February in the year of our Lord seventeen hundred and ninety-six, the British did capture the Colombo Fort, thus bringing to a close the Dutch dominion over its lands. Don Adrian was appointed as a spy attached to the British army. However, to earn this coveted position, he was required to demonstrate his mettle and dedication through faithful and meritorious service.

In the interim, following the departure of the Dutch and the pact struck with the British, certain matters that had been agreed upon earlier began to pose difficulties, leading to a flare-up of rebellion in the coastal regions sparked by upland unrest. In the midst of this turmoil, Don Adrian Jayawardena gained great favor with the English for his valuable contributions to providing precise and reliable intelligence pertaining to the aforementioned rebellions.

Through his unwavering loyalty and valuable contributions to the conquest of the uplands, Don Adrian earned the favor of the newly-appointed English governors. In recognition of his meritorious service, Don Adrian Jayawardena was rewarded with not only lands but also promotions, laying a firm foundation for his progeny to thrive for generations to come.

Don Adrian Jayawardena, hailing from Indian descent, is the great-grandfather of JR Jayawardhana, who served as the second President of Sri Lanka from 1978 to 1989. As for the current President, Ranil Wickremesinghe, his ancestral lineage is a matter of record. It is worth noting that there have been instances of intermarriage between invader-supportive families, but no individuals of patriotic conviction have been borne of such unions.

Regrettably, under the weak governance of JR Jayawardhana, rebellions erupted in both the north and south of Sri Lanka. In response to the rebellion in the south, he resorted to brutal suppression, culminating in the tragic and infamous massacre of summit attendees.

The ruthless actions of JR Jayawardhana, such as the 1988/89 massacres that targeted educated and courageous youth in the South, had a devastating impact on the nation's human resources. Moreover, his cohorts' involvement in a massive bank fraud scheme enabled them to amass enormous wealth at the expense of the people they were supposed to serve. Regardless of whether these rulers had Sinhalese ancestry or spoke the Sinhalese language, their lack of allegiance to the land was palpable. The legacy of betrayal and exploitation can be traced back to Thambi Mudianse and runs through their very veins.

There are those who contend that "Ranil played a game to extricate himself from a challenging situation." However, it is imperative to recognize that "Ranil always played his game for the benefit of his own Hetty class, but he failed to play the game for the betterment of the country."

By Polito