17 October, 2021

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Post UN Power Pains: Dudley Rice Power & Fortress Gas Power

By Rajan Philips

Rajan Philips

President Gotabaya Rajapaksa was out of the country for only less than a few weeks, to attend the 76th UN session in New York, reportedly among other house keeping matters as a former US citizen. But many things have gotten worse by the time he got back home, namely, Sri Lanka that is now entirely in his executive charge. The only redeeming change for the country, touch wood, has been the declining numbers of Covid-19 infections and deaths. Not by a whole lot, but enough for a national breather. Everything else has either got stagnant bad or gone worse.

Two developments are sticking out sore. The first is the cartel power of Polonnaruwa rice millers over the governmental power of the Medamulla brothers. The second is the corporate power of an American energy company that has unilaterally announced a sole-sourced deal with the government of Sri Lanka for supplying a seemingly endless flow of liquefied natural gas at potentially higher than market prices.

Dudley Rice Power

You might call the new rice power, the Dudley Rice Power. Not after the late lamented Prime Minister Dudley Senanayake who invested virtually all his political capital in growing rice to feed his country. The new power belongs to a different Dudley, Dudley Sirisena, brother of Maithripala Sirisena aka former President Sirisena. The Sirisena family in Polonnaruwa are perhaps the biggest family beneficiaries of the agricultural colonisation scheme of the once politically mighty Senanayake family. That scheme, for all its many faults, contributed to growing more rice to feed the country’s growing population. DS and Dudley Senanayake did not use it to earn a cent for themselves.

Not so with the Sirisenas, at least its Dudley member. They literally made it from rags to riches, politically and otherwise. There is nothing wrong with going from rags to riches, so long as it is done the ‘proper way.’ “Who determines the proper way?” – GG Ponnambalam once asked Philip Gunawardena, in parliament, when the latter was Minister of Food and Agriculture in the first Bandaranaike government. “The people,” growled the father of Marxism in Sri Lanka in response to its most famously “unrepentant opponent.”

To cut to the chase, for now, the people determine nothing in today’s Sri Lanka. Everything is decided for them. And Dudley Sirisena is writing a new a power inequality to Sri Lanka’s lopsided power relationship. The new Dudley Sirisena power stems not from growing rice but from hoarding it. From everything one hears, the new Dudley is the king of Sri Lanka’s rice milling cartels who are now announcing retail rice prices overriding the government’s gazetted maximum retail prices. For the hapless but not at all harmless Rajapaksa government, it might be easier to get rice even from the moon than to ‘price’ it out of the miller mafia.

Not that it matters anything to this government because it precipitated the current food crisis by peremptorily ordering an overnight switch from the inorganic to the organic. No such order to switch from tractors to ploughs as well, for that would have meant banning cars and pushing ministers back to their push-bicycles that they used to ride before getting into politics. Cynicism apart, the politics of this rice inequality may turn out to be more consequential than it now appears, but I will leave speculations for another time. Now to gas power and the external dimension to the new power inequality.

Fortress Gas Power

The American company now wielding corporate power in Sri Lanka is New Fortress Energy, a liquefied natural gas (LNG) company founded in 2014 with the salutary mission of achieving universal access to clean energy. But there is nothing salutary about striking sole-sourced contracts, in small countries, and by-passing tenders. The company’s foray into Sri Lanka apparently began through an MOU with a Sri Lankan company called Lakdhanavi Limited. The two joined together to “develop a 350 MW gas-fired power plant in the Kerawalapitiya Power Complex.”

That partnership became the steppingstone for “the signing of a Framework Agreement with the Government of Sri Lanka to build an offshore liquefied natural gas (LNG) receiving, storage and regasification terminal located off the coast of Colombo, and rights to supply gas to the existing 300 MW Yugadanavi power plant” at Kerawalapitiya. The deal which is yet to be announced formally by the government has already attracted criticism and scrutiny.

The CEB Engineers’ Union has come out strongly against the deal that is estimated to be worth up to USD 6.0 billion and will leave Sri Lanka dependent virtually permanently on a sole LNG supplier. The government is playing coy and is in a state of non-denial denial. The principal mover and shaker behind the deal is said to be Basil Rajapaksa who famously flew back over the ocean from the US to become Sri Lanka’s Finance Minister. And not a hum of protest from the ‘leftists’ in the government or the patriots on the sidelines over new LNG deal.

Earlier they had raised heckles and scuppered the far smaller and more secure MCC agreement directly with the US government. The port unions and patriots also sank the agreement for India’s lead in the development of the East Container Terminal at the Colombo harbour. Now the government with hardly any whimper of protest has reached agreement with India’s highly connected Adani Group to build a brand-new West Terminal in partnership with John Keells, and the government-owned Port Authority as a minority partner. The deal apparently will counterbalance Chinese contracts for Port development.

Before all of this, the Rajapaksa government unilaterally terminated a serious and well developed agreement with the Japanese to build LRT infrastructure in Colombo. Now there is news that Koreans are coming, God knows at whose behest, to start from where the Japanese were not even allowed to begin. This is the ‘methodical’ record of the Administration of President Rajapaksa in tender matters.

These power pains after the President’s historic UN visit and speech show that for all its constitutional powers, the Gotabaya Rajapaksa government is virtually powerless. It has strung itself between India and China, is hellbent on pleasing the US – at least its companies, if not its government, and is all the while trying to avoid new sanctions from the EU.

Don’t be surprised if the forever resourceful and pre-emptively pensioned governor of the Central Bank thinks up a creative scheme to earn foreign exchange by exporting lorry drivers to help Prime Minister Johnson in the UK who is scrambling to replace the 100,000 drivers who left Britain when Britain left the EU. He might remind Mr. Johnson that unlike Europeans, Sri Lankans drive on the same side as the British.

The real joke, however, on the Rajapaksa brothers and their government is ironically provided by the Sirisena brothers of Polonnaruwa. The Rajapaksa brothers turned Maithripala Sirisena into a puppet on a presidential string. Now they are all puppets on Dudley Sirisena’s powerful rice strings. The Rajapaksas are running out of political gas despite new gas promises from Fortress America. It is only a matter of time, hopefully short, before the people cook Sirisena’s rice power, the proper way.

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Latest comments

  • 21
    1

    Nandasena aka Gota grabed power promising sky earth about bringing new systems, new laws and one law would be for all – however, the man is pissing in his panties today not being able to settle trivial issues, that SORYSENA and RW handled it without problems. Prices of daily essentials under good governance were not high compared tot he last 24 months of multipakshe-criminal Rajapakshes.
    https://gota.lk/sri-lanka-podujana-peramuna-manifesto-english.pdf
    Promised about Palpable changes. And also got his presidential powers strenghtened by passing 20A and 2/3 mandate in parliament. How did they good governance achieved that much during their 100 days alone ?
    Stupid Rajapakshes have failed it going beyond their huge setbacks prior to 2015. Gota has been showing even silly failures, not being able to treat everyone with the same law- untruths and false promises, false incapabilities are all revealing as of today:
    – Sugar power – https://www.pressreader.com/sri-lanka/sunday-times-sri-lanka/20201213/281732682072281
    – Gas Power – http://www.colombopage.com/archive_21A/Jul25_1627235300CH.php
    – Fuel power – At the time many countries allowed their people to enjoy the price reduction and its concessions; However donkey Gota did not allow people to enjoy it
    – Rice power – rice power – Gota and his brothers kneel down before POLONNARUWA donkeys ….. what happened tot he law and order in this country ?
    But selfglorifications and adulations were overflowing about the war victory being single handedly settled by GOTA … hoo hoo… how did he manage to do it ?

    • 3
      7

      The New Fortress corruption deal must be abolished and US citizen Basil impeached. After all AUKUS agreement forced by the biggest Rogue State in the world abolished the French Submarine deal.
      The US and France are competing openly to asset strip and recolonize the Indian Ocean at this time. Meanwhile, the Ultra Sinhala Buddhist Los Angeles Sri Lankan Diaspora has been weaponized!
      The US citizen Rajapaksa brothers, who benefited from the CIA owned ISIS Easter Sunday attacks in 2019 and are covering up the foreign hands that funded them, are working for the US Deepstate and against the interests, national and energy Security of Sri Lanka.
      This New Fortress deal inked while the country was kept in brutal Covid-19 lockdown to prevent protest is to destroy Sri Lanka and turn it into a US lilypad military base for American Amphibious Over the Horizon (OTH) operations and energy supply for the American War Machine in the Indian Ocean region !

    • 3
      2

      Dear Sensitive readers,

      Promised to introduce palpable changes replacing all highly corrupted systems, however, what is becoming clear is, current leaders have failed to settle even simple issues such as ” control the prices on essential food items”. But the president is given all powers by stupid voters and plus 20A. So where is the failure ?

      If they cant settle day today issues as leaders/ a cabinet, let alone to think of them making real wonders ? are we all mad ?

      Sirisena was greeted by all the leaders as no other leaders experienced it, however, Gotabaya was seen isolated in August assembly held a week ago… why is that ? he though he could make wonders, just because he live din that country as an asylum seeker since he left the war for seeking greener pastures.
      https://www.youtube.com/watch?v=PPKo2MgmloI

      If as they self-proclaimed liberated the country from a long driven CIVIL war, why cant they change the highly corrupted governance in this country ? why cant they work on the reenforcement of law and order. Next govt will have to work on all huge failures being made by current stupid men….. then another decade would have been wasted for it…. like moving on circles …. how can the youth be able to see their dreams come true ?
      .
      to be contd

      • 1
        1

        continuing.
        .
        Compared to former govt which ended up being rejected by the masses, current govt is given all the mandate they asked for…. going an extra mile, 20A which has allowed to issue ” gazette notifications” based on hearsays so far… destroying all the faith kept on them for decades.

        https://www.youtube.com/watch?v=equtYcbGXM0
        .
        President, a man who obvioulsy knows very little about the alarming issues of island nation today, but about his family and crook siblings has ended up being ” most incapable of all we had so far” throwing us all to cross roads.
        :
        What would then be the solution to make a REAL change in RAJAPAKSHE punished island nation ?

        What do you think today looking back ? I myself feel I was right from the begining on, that SELF GLORIFICATIONS, blatant lies through biased media fooled the nation for their come back. Media mafia did the job for them. Yet today, the people in this country stay unturn, indifferent as never before… is it not the people to be blamed ?

  • 10
    0

    Sinhala_Man/deepthi silva

    For the sake of argument …..what say you? …….You who believe that English/language is a tool of “character building” of indigenous-language-speakers/Baiyyas ……..

    Pierre Bourdieu developed the cultural deprivation theory. This theory implies that higher class cultures are better when compared to working class cultures. Because of this perceived superiority, people from upper and middle classes believe people who are working class are themselves to blame for the failure of their children in education. Bourdieu also believes that people should not assume that the higher class is better than the working class. Bourdieu argues that working class failure in schools, if measured by exam success, is the fault of the education system, not working class culture.

    • 6
      0

      continued

      The major role of the education system, according to Bourdieu, is Cultural Reproduction. This is the reproduction of the culture of the dominant classes. These groups have the power to impose meanings and to impose them as legitimate. They are able to define their own culture as worthy of being sought and possessed and to establish it as the basis for knowledge in the education system. However, there is no way of showing that they are any better or worse than other subcultures in society.

      Bourdieu refers to possession of the dominant culture as cultural capital because with the education system it can be translated into wealth and power. Cultural capital is not evenly distributed throughout the class structure, and this largely accounts for class differences in educational attainment. People who have upper class backgrounds have a built in advantage because they have been socialised in that dominant culture.

      Where does “character building” ……. dare I say morality fits in? :))

      • 7
        1

        NF. This is the warped Singhala Buddhist Vulture (culture). It is the great tradition before all minor and major occasions commence, the Blessings of the Triple Gems are invoked after reciting the Five Precepts, most times highly audibly. How many of those observers audaciously pious haloed individuals bother even to secure even one precept. Until the day arrives perhaps never, to put a full stop to this majestic hypocrisy it will always be business as usual.

        • 3
          0

          HP,

          I thought not only BUDDHGAMA being practised in the country but also the myths and astrology.

          Not to underestimate the unbeatable effect of MEDIA Mafia. It is mutliple times powerful than drug trafficking mafia.

          It did not take a day, but PANIYA maker, kaliamma controlled uneducated man became the superstar of the country. Eliantha white and that Valampoori man became people’s well wisher for a long period until people finally got to know valmapoori introduced by that Pattapala buruwa Kirthi disanayaka was a king of cheaters. Who was behind those idiots, … none other than our Rajathuma….. that is why i believe, last breath of Mahinda Rajakashe will be beyond explanations. this man did lot more harm to this nation than all other terror group leaders all together.
          Why dont the journalists, not being filtered by a code of ethics yet today ? Not even SIVURU wearers in lime light seem to be respecting ” five precepts” so what about the lay people ?
          https://www.youtube.com/watch?v=equtYcbGXM0
          So long people’s awareness would no bet ameliorated, nothing would change palpably for a better future. The door is blocked by the stupdity of masses. It is comparable to that of ” KUNUKANDA- garbage dumps”. People living in those areas have not options, like entire people of this country are speechless. Rajaakshes know this very well and they harvest on it.

      • 4
        0

        nimal fernando

        Please note SJ types:
        “But, isn’t there something in the deal for China bashers to celebrate.”

        You remain silent, why?

        • 2
          0

          Oh C’mon Native!

          Our condition is greater than Gota, Mahinda, Ranil, Basil, your pet hates, ……. individuals (with the exception of gals) rarely interest me other than as a font of comedy ……….

          Have you ever noticed that the “Sinhala-Buddhists” spend their entire lives trying to acquire a Western-Christian facade …….. Commies, capitalist lives/”comforts?” :))

          I know many white-supremacists; some are even good friends ……… who never spend their time trying to turn themselves into what they hate/profess-to-hate.

          Why do “Sinhala-Buddhists” spend all their lives trying to turn themselves into what they “profess” to hate? …….. Commies?

          Something wrong somewhere!

          Has it ever occurred to you that …….. “Sinhala-Buddhism” and “Communism” are nothing more than phenomena of Sour-Grapes?

          Have a listen ……….. https://www.youtube.com/watch?v=WvzahvBpd_A


          I pity the poor immigrant
          Who wishes he would’ve stayed home

          And who lies with every breath
          Who passionately hates his life
          And likewise, fears his death ……….. Wanna make it more cryptic? :))

          • 3
            0

            nimal fernando

            Thanks for the interesting link.
            I assure you I am being bit(?) thick you will find yourself failing in your endevour to educate me.
            Thanks.
            Only today I understood the meaning of the word Habitus although I have heard or seen the word somewhere before. Thanks again.

            However you can take me to the pond but you can’t make me drink.

  • 5
    3

    Looks like our politicians and their golayas are out to squeeze their powerless citizens who are finding it difficult to survive.
    It’s time for the President to take charge and start to govern sincerely and help the downtrodden. Please make the law is equally applied to all the citizens including the CLERGY.
    Try to go down in the history as a real Statesman. Get your Son’s Family to settle down in with you in SL.

    • 11
      0

      They all glad to have US citizenship even our head back door finance ministry never gives up the US citizenship,now 20A gives legal state,but our head fake it and got away with it Maka Sangham played crucial part,at that time bond scam……..now

    • 1
      0

      Naman,
      Nothing to wake up for is no reason keep dreaming. Wake up!

      • 4
        0

        Sorry to have left out a ‘to’.
        Correction:
        Nothing to wake up for is no reason to keep dreaming. Wake up!

  • 5
    1

    ITS LOOKS LIKE DUDLEYSRI RICE PRABAKARN IS STRONGER THAN VELUPILLAI PRABAKARAN?

  • 4
    0

    Will it be Maithripala Sirisena who have the last laugh. Only Dudley Sirisena knows!

  • 8
    0

    RP,
    Thanks, well written article and “Don’t be surprised if the forever resourceful and pre-emptively pensioned governor of the Central Bank thinks up a creative scheme to earn foreign exchange by exporting lorry drivers to help Prime Minister Johnson in the UK who is scrambling to replace the 100,000 drivers who left Britain when Britain left the EU.”
    It would be good proposition to earn FE ($).
    How would one be certain that the remittances wuld flow in and how much? The drivers when employed in UK may decide to translocate their families for cor convenience and education!
    Neverthelesss, it could be tried, if UK is amenable to the restrictions on drivers so employed as that of conditions laid down by the Middle East employers.
    Will the UK freedom of movement, speech etc., permit such restrictions?

  • 5
    1

    RP,
    “He might remind Mr. Johnson that unlike Europeans, Sri Lankans drive on the same side as the British”
    That may not carry much weight as they have to drive on the “wrong side” if and when they cross the Channel!? This is an occurrence “more often than not” for drivers.
    So anyway they have to be trained, for that aspect specially and no strategic advantage!
    UK truck driving that is a negative because trucks cross over to drive to final European destination.
    Unless they could arrange a ‘SWAP’ of the prime mover of a Combination unit at the channel crossing point, which may turn out to be expensive.
    Counterproductive and impair the smooth operation and accountability of the contents of the trailer unit.
    Perhaps, issues could be overcome by negotiation by competent CBSL officials!
    No wonder Cabral is confident of finding Dollars and Pounds

  • 10
    3

    Gotabaya is planning 1983 and 2018 type ethnic riots in the country again using BBS and other Buddhist monks to galvanize support from Buddhist racists (the commanding majority at elections). Prevailing poverty makes it all the more likely.

    Caution must be exercised by all not to fall into the same trap Buddhist ruled Sorry Lanka fell all so often.

    Any act of violence or hate speech will be reported to USA and the UN. If anything like it happens people know it’s done by Gotabaya and Basil. They are American citizens. They will face the death penalty for such activities in the US.

    • 2
      0

      GATAM, US death penalty is a one off act, and buddhism is only a philosophy. But after the last breath, the soul at judgment seat with empty hands after robberies left behind, will quake non stop going into the fire. It is folly to go headlong in the wrong direction.

    • 1
      4

      GATAM,
      “Gotabaya is planning 1983 and 2018 type ethnic riots in the country again using BBS and other Buddhist monks…”
      —–
      Did Gotabhaya Rajapakshe tell you that he is planning ethnic riots?
      Do you know who were behind 1983 and 2018 riots? Not Sinhala Buddhists. Sinhala Buddhists did not start religion based or ethnic based riots. Tamils and Muslims were behind those riots. After starting riots against Native Sinhalayo, they try to clean their blood-soaked hands by putting the blame on Sinhala Buddhists. This is the game they have been playing from the time Sinhalayo gained Independence.

      • 2
        1

        Eagle Blind Eye

        I am disappointed to learn that the Nobel Prize in medicine has been awarded to two Americans, Prof David Julius and Prof Ardem Patapoutian by passing two of our eminent highly respected top experts on prevention of Pandemic, Generals Kamala Gunaratne and Svandra Silva.

        What this shows is the western bias against Sinhala/Buddhists.
        What Sri Lanka must now do is ignore the Nobel prizes and create our own prizes.

        • 0
          0

          NV,
          You’re spot on.
          Act like President Sukarno of Indonesia in the 1960’s!
          When United Nations Organisation (UNO) sanctioned on some issue or other, Sukarno declared with some allies at that time that they are leaving the UNO, which they claimed as being in the ‘pocket’ of US and western Imperialists and Colonists, to form the United Nations of Emerging Forces (UNEF).
          The thought could not be realised and died soon thereafter (still born)
          the following years so, due to mismanagement and economic downturn,
          Similar to SL’s situation right now.
          This resulting in the Indonesian military coup and Sukarno was deposed, who everyone, in the 1960’s, thought was firmly in place as Head of Indonesia and cannot be dislodged due to his popularity.

  • 8
    1

    These uneducated gamarala hillbillies are eating again on the tax payers tab. They keep eating and swindling all the wealth of this nation.

  • 5
    0

    Ranjan Philips
    I read with much interest all of your articles, and as ever thanks for your latest piece.
    ~
    If I may say so, in the article you have inadvertently given a wrong figure. You say:
    “Don’t be surprised if the forever resourceful and pre-emptively pensioned governor of the Central Bank thinks up a creative scheme to earn foreign exchange by exporting lorry drivers to help Prime Minister Johnson in the UK who is scrambling to replace the 100,000 drivers who left Britain when Britain left the EU.”
    ~
    The correct position is, according to the UK Road Haulage Association, there is a shortfall of around 100,000 HGV drivers. Post Brexit, between 15,000 to 20,000 HGV drivers from the EU left the UK. Not 100,000 as you have stated.
    ~
    A government scheme has just been announced which would allow around 5,000 HGV EU drivers back into the UK to take up temporary employment.
    ~
    I live in the UK.

  • 5
    0

    3 Lines from this racy essay are noteworthy.

    1]………..DS and Dudley Senanayake did not use it to earn a cent for themselves…………
    The Senanayakes were a Pedigreed clan .They had Class.

    2]………Not so with the Sirisenas at least with Dudley Sirisena. They literally made it from rags to riches politically and otherwise………….

    The Sirisena clan were essentially Lumpen elements and like Motivated horses ran faster than pedigreed horses.

    3]……….And not a hum of protest from the Leftists in the Government…………….

    Really? But are there any Leftists left behind on our Political Landscape?
    Vasu for instance is no longer a Leftist; He functions as the Left Ball of Wimal Weerawansa!

  • 5
    1

    Unless ordinary Sinhala, Tamil and Muslim people think and analyse rationally the past about Ceyonese to Sri Lankan political culture, the rich political power mafias will continue their cheating of us in the name of Lord Buddha, Lord Allah, Lord Jesus and Lord Krishna and the promises of national security, sovereignty. They give promises to wipe out corruption, they promise to bring food from moon or sun, they promise to eradicate poverty and they promise that they will not allow to sell an inch of land to any foreign invaders and so many. They knew well we are like a herd of sheep and whichever way they chase us we just go and finally they will take all the skin to make money and finally kill us and eat or export them to make money.
    They created policies to divide us and fight each other communities and all communities lost their own resources and national resources, lost their own children, husbands/wives, relatives and become poor and poor while our political and religious mafia’s make them rich and rich and secured their safety. What contributions made by any of the Bandaranaiyaka family, Senanayaka family, GGPonnampalam family, SJV family, Hakeem family, Jeyawardena family, Rajapaksa family or Rajapaksa family to the security or economic development of this country? Nothing!

    • 2
      8

      Ajith,
      “What contributions made by any of the Bandaranaiyaka family, Senanayaka family, GGPonnampalam family, SJV family, Hakeem family, Jeyawardena family, Rajapaksa family or Rajapaksa family to the security or economic development of this country?…!”
      —–
      • Senanayake family: developed agricultural sector neglected by colonial rulers.
      • SWRD Bandaranayake: liberated Sinhala Nation from Sinhala and Tamil ‘Kalu Suddas’ who oppressed Sinhalayo
      • Chandrika Bandaranayake: Nothing but earned the title ‘Chaura Regina’ (Bandit Queen)
      • GG Ponnanmbalam and SJV Chelvanayakam: introduced racism, separatism, terrorism and ruined the country.
      • Hakeem: mollycoddled Wahhabi Muslim extremists who carried out terrorist attacks
      • Jayawardena: tried to do something but sabotaged by the Big Brother and Tamil terrorists.
      • Rajapakshe family: eradicated Tamil terrorists who massacred Native Sinhala Buddhists for three decades and restored peace
      • Sirisena and Ranil: ruined the peace in mind people enjoyed after eliminating Tamil terrorists by allowing Muslim terrorists to carry out terrorist attacks

      • 4
        1

        Eagle Blind Eye

        “Rajapakshe family: eradicated Tamil terrorists who massacred Native Sinhala Buddhists for three decades and restored peace”

        You must be kidding, it was VP the psychopath who eradicated LTTE and silenced their arms. You better be grateful to him.
        He helped Rajapaksa clan to claim victory and won two elections for them. He also helped the clan to accumulate unprecedented level of wealth and stash abroad everything they looted from this island.

        For example check Pandora Papers for where and how much one member of the clan stashed outside this island.

  • 2
    1

    So well written by Ranjan Phillips. Yes, that’s the  shameful way our Lankans usually operate. Cut out the tender and the biggest honcho gets the biggest commission……tenders requires too much brain-power and organization you see.
    @
    Happens in every place there’s a Sri Lankan, and the shameful thing is that the surrounding community is in awe and worships the crook that can pull it off.
    #
    Shows our national IQ. That’s the only way Lankans can operate. All the other nations of the earth, even America with its meticulous democratic socialist laws for themselves (even with
    republicans), dare screw with us.
    &
    Yes, where’s the JVP? Don’t tell me : their children have got scholarships to study for free in the US?
    %
    Yes, that is exactly what Cabraal will write as his MMT plans…..downgrade the Lankan rupee via printing, to reflect the national IQ …..and Tithe to soothe the US.
    €£$
    Sole and only reason our precious Motherland can never progress nationally like the other fine nations do. Oh yes, they’d do brilliantly in other countries with well articulated laws, but after taking the money of the struggling and dependant masses.

  • 5
    7

    “And not a hum of protest from the ‘leftists’ in the government or the patriots on the sidelines over new LNG deal.”
    I checked and found this:
    “Ministers Vasudeva, Wimal, and Udaya object in writing”
    “The three ministers had written three separate letters expressing their concerns and objections over the relevant cabinet paper and the proposed deal with New Fortress Energy.”
    For more details:
    https://www.themorning.lk/deal-with-us-new-fortress-energy-cabinet-nod-despite-3-objections/
    *
    There is a good critique of the project in
    https://economynext.com/sri-lankas-could-lose-billions-through-unsolicited-new-fortress-energy-deal-cebeu-86396/
    *
    The JVP and SJB have expressed serious concerns about energy monopoly.
    *
    But, isn’t there something in the deal for China bashers to celebrate.

    • 3
      2

      Oh good…there are the patriots.

    • 8
      0

      SJ
      Good to hear from you.

      “But, isn’t there something in the deal for China bashers to celebrate.”

      The Shareholders register maybe deceptive, one cannot not ascertain true list of shareholders as investors can invest through overseas shell companies anonymously. Since large companies very often subcontract services from other companies there is good chance of transfer pricing taking place between companies.

      Therefore it is childish to make comments on companies without understanding the structure, relationship and practices of companies.

      Please stop commenting if you haven’t got clear idea of companies, trade, names, shareholders, transactions between companies, Tax planning (cooking books), transfer pricing, ultimate control, ……………… Please do some research before trying to be clever dick.

      Therefore no one can confidently confirm or deny China’s involvement in this contract.

      • 5
        0

        SJ

        Here is a latest news on shell companies:

        “The report goes on to detail that Nirupama Rajapaksa and Nadesan together controlled a shell company they used to buy luxury apartments in London and Sydney, and to make investments, according to leaked files.”

        https://www.newsfirst.lk/2021/10/04/breaking-former-sri-lankan-minister-nirupama-rajapaksa-exposed-in-pandora-papers-leak/

        If a couple of little islanders could do, ………………………the all mighty perfect Communists… ….

        • 3
          0

          SJ

          “China Politician in Pandora Leak Had Firm to Trade U.S. Stocks”
          By Iain Marlow
          October 4, 2021,
          https://www.bloomberg.com/news/articles/2021-10-04/china-politician-in-pandora-leak-had-firm-to-trade-u-s-stocks

          This is only an example.
          You better work it out for yourself, if you can or want.

        • 0
          0

          Native, I and SJ had a lengthy discussion on shell companies and the possibilities of PC turning into one , which SJ thought was not possible because it’s Chinese owned. I also have written a comment under Prof David article ” Category 5 typhoon in China”, documenting how then Chinese President , Vice President were sharing Evergrande profits and buying properties in Australia and other places. How naive a person can be to believe Chinese / Communist are immune from corruption. SJ, is also a big time flag carrier of Ecuador, Ukraine, Putin who’s names are mentioned prominently in Pandora Papers along with Presidents of Cyprus and King Jordan and Rajapaksas. .

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            chiv

            Sorry I missed your discussion with SJ.
            He has now become a Teenager.

            One can be an anti Hindian, anti Tamil, anti TNA,anti UNP, anti American, anti West anti that anti this however what I don’t understand is that why SJ wants be a b***s carrier to Mao, SIRI MAO, Pol Pot, Abimael Guzmán, Kim Il-sung, Kim Jong-il, Kim Jong-un, Enver Hoxha, Stalin, Idi Amin (supposed to be anti Brits), ……….. ?
            He is being childish, oh is he?
            Probably enjoying second childhood.

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      What a justification from China? Monopoly China= Monopoly USA.So it is good to steal Sri Lanka by China? Criminals are criminals whether it is China or USA.

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        A
        Who justified anything?
        Why are you not celebrating?

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        Ajith

        Please listen to SSA Talks by Dr. S. Sivasegaram:
        https://www.youtube.com/watch?v=EjOIGxcKd7I

  • 6
    3

    Deserve it.
    Deserve it
    Deserve it.

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