By Amrit Muttukumaru –
Reference your article published in the ‘Colombo Telegraph’ – “Sri Lanka’s Role In The Indian Ocean & The Changing Global Dynamic” you have shamefully IGNORED MY QUERY:
“How could you state:
“THE GOVERNMENT OF SRI LANKA HAS A CLEAR VISION OF WHAT IT WANTS TO BE IN THE WORLD TODAY”
when the yahapalanaya government of which you are a key minister demonstrably does not have the WILL to address the scourge of corruption and impunity in the country. This includes its own transgressions such as the alleged Central Bank Treasury Bond scams and the failure to introduce in parliament a credible National Audit Bill which was a major campaign promise.
After the January 2015 presidential election one does not witness the OUTRAGE demonstrated by you in its run-up which includes your press conference on 17 December 2014 in the presence of Eran Wickramaratne another Yahapalanaya minister where with a slew of files in tow you inter alia referred to casino, drug, ethanol MAFIAS and alleged MONEY LAUNDERING in locations such as St. Nevis & Kitts, Seychelles and Dubai.
Here is the link to your 17 December 2014 press conference. This must be a ‘new low’ for promises being reneged with impunity.
In the run-up to the elections you also referred to alleged unlawful EPF investments in the stock market.
Work on the ‘Colombo Port City’ project (now renamed) which you reportedly called “Colombo’s largest land scam.” in partnership with ‘China Harbour Engineering Company’ you alleged was “banned by the World Bank” from 2009 to 2017 is continuing.
What is the difficulty in pursuing these cases consistent with the rule of law if you have the evidence to back-up your claims?” CLOSE QUOTE
My question was raised in the ‘RESPONSE’ section of your said article in the ‘Colombo Telegraph’. Normally they are answered on the SAME DAY. You too have followed this practice in your response to Dr Laksiri Fernando vis-à-vis your same article. Whether he is satisfied is a matter for him. It is now FOUR DAYS since my query.
Stock Market ‘Mafia’
In relation to the then resignation of SEC Chairman Thilak Karunaratne you have reportedly commented – “regulator has been captured by the mafia”
i) Should you not disclose the identity of the “MAFIA”? Please do so.
ii) What meaningful action did you take in this regard when you were Deputy Minister, Policy Planning and Economic Affairs under yahapalanaya?
iii) What meaningful action has Mr. Thilak Karunarathne taken in this regard after he was REAPPOINTED SEC Chairman by yahapalanaya in 2015?
Economic Affairs Deputy Minister Dr. Harsha de Silva in conversation with Securities and Exchange Commission Chairman Thilak Karunaratne
CA Sri Lanka Corruption
As far back as 4 November 2010 (Ref. my e-mail) I brought to your attention (not that this was needed!) of the miserable failure of CA Sri Lanka (Institute of Chartered Accountants of Sri Lanka) to hold the ‘Partners’ concerned of the two largest audit firms in the country – PwC & Ernst & Young accountable for the ‘open and shut’ case of professional misconduct in the fraudulent privatisation of SLIC (Sri Lanka Insurance Corporation) confirmed by (i) Supreme Court (ii) Parliament’s COPE (iii) Attorney-General and even CA Sri Lanka ‘Ethics’ Committee itself. This was to NO AVAIL!
You are aware that CA Sri Lanka established by Parliament by Act No.23 of 1959 is answerable to Parliament.
In the context of the ‘Partnership’ Law in Sri Lanka where all ‘Partners’ are ‘jointly and severally’ liable for any wrongdoing will you as a PARLIAMENTARIAN:
1) DEMAND that CA Sri Lanka will forthwith disclose the IDENTITY of those who were ‘Partners’ of PwC and EY at least three years prior to 11 April 2003 which is the date on which the fraudulent SLIC privatisation took place?
2) WARN CA Sri Lanka that not holding the ‘Partners’ concerned accountable violates with impunity Section 17 (2) (b) of CA Sri Lanka Act of Incorporation?
How could anyone be sincere in combating corruption when chartered accountants and auditors who are the first line of defence against corruption in all entities dealing with financial resources are not held accountable?
By not meaningfully acting on your OWN EVIDENCE and PROMISES, are you not letting down the many people who believed in your apparent championing of good governance?
I request you in the PUBLIC INTEREST to provide CREDIBLE ANSWERS to the questions and issues raised herein.
The so-called yahapalanaya government with its own share of alleged terrible corruption and abuse is committing hara–kiri by its acts of omission and commission. The deplorable manner in which the alleged scandalous Central Bank Treasury Bond scam is handled with ENDLESS investigations and no meaningful action taken to hold those concerned under the Rajapaksa administration ACCOUNTABLE for alleged egregious corruption and abuse are prime examples. This has left the door wide open for a comeback by the Rajapaksa clan with its assorted hangers-on led by the charismatic Mahinda. This is in relation to the largely ‘colorless’ yahapalanaya leadership. One gets the sense that a large section of people are confused and despondent. The minorities feel let down. One thing is certain – the country is in for a long period of INSTABILITY. Have you contributed to this?