The Court of Appeal has issued notice on Finance Minister Ravi Karunanayake to appear before court on October 12 with regard to a writ petition filed by several Buddhist monks who challenged Karunanayake’s decision to exempt duty for a beer brewery company.
Finance Minister Ravi Karunanayake
According to the petition filed by six Buddhist monks, Karunanayake had exempted the import duty amounting to Rs. 6 billion for alcoholic products imported by the brewery company, Lion Brewery Ceylon PLC.
When the case was taken up yesterday, the two bench judge, comprising of Vijith Malalgoda and Preethi Surasena ordered a total of 13 respondents including Karunanayake to appear before court next month.
The petitioners including Ven. Agulugalle Siri Jinananda of Sri Wimalaramaya in Malabe had claimed that due to the decision by the Finance Minister, the government had lost Rs. 371 per litre of beer. The respondents also included Lion Brewery and Customs Director General.
KA Sumanasekera / September 28, 2016
Galleon Ravi is good at giving money away.. Isn’t he!!!!
As long as it is Public money paid by the PAYE as well as Keeramin Eating Dalits through VAT.
Aloysious with that handsome looks and designer suits, laughs all the way to the Bank of Singapore, to deposit his 500 % ROE for the last 12 months of Yahapalanaya .
How cool..
Now Galleon is handing out another LKR 6 Billion to Lion Nathan.
Dalits again have been hit although they don’t even drink that piss.
Now the total hand outs for the two buddies in a wopping LKR 11 Billion.
But the GDP growth for the last 12 months couldn’t reach even 4 %.
It was only 3.9 % .
That is from a gigantic 8 % average for 5 consecutive years, since Batalanada Ranil’s mate Mr Pirahaparan departed.
How sad. I mean the halving of the Yahapalana Economic Growth.
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srinath.gunaratne / September 29, 2016
What I do not understand is why the chamber of commerce does not stand up for this crap, after all it is their hard earn tax money that is spent on these repayments.
I hope the FCID will be there so in the next government so we can sue this lot together to find the truth!
Relaxed foreign exchange laws to pilfer money easily, Game is on!
Chairman of central bank and his finance company bidding for their own bond issues! You only hear these kind of funny stories in Kakiri Land!
Totta baba cannot understand a conflict of interest!
We need to get a overseas audit firm to understand how the new bonds issued to adversely impact the secondary bond market so the primary dealers make a killing!
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Simon De Silva / September 29, 2016
but be happy, today these issues let discuss this way. Gone were the days, even if your Gurus looted all the assets for their stupid forgone conclusions made at tea tables- not giving any chance Ministers to act by their own –
Today, those who enage with the duties become clear, no any reocrds left by previous men – if anything needs to be proved. So, the kind of current day investigations, while those ministers go through their duties, will surely be allowed the successors in the future to see as to why the current men worked so. Be happy, as a retired man spending later day life, than just add your rants no second to that of Buruwanse. U should have learnt it from the English by now, allow to perform any kind of investigations properly.
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Truth Finder / September 28, 2016
Bloody good! The UNP old stock do not understand yahapalanaya! They are as corrupt as before! More like a dog’s tail in a bamboo!! We need more whistle blowers to take them to task!!
I hope there won’t be interference!!
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NAK / September 28, 2016
Interference? Now an eminent legal eagle accuses the government of bugging the judges!
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Native Vedda / September 28, 2016
NAK
“Interference? Now an eminent legal eagle accuses the government of bugging the judges!”
When did it stop?
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Spring Koha / September 28, 2016
How very watchful of Ven. Agulugalle Siri Jinananda of Sri Wimalaramaya in Malabe to work out the losses to our Buddhist Paradise. Must be a quiet week at the temple.
Talk about living off the whore proceeds of a forbidden evil.
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eldorado / September 28, 2016
Why oh why , is this chap being kept in the Govt Ranks let alone in the cabinet ? He made a thorough hash of the Last budget, cocked up the Vat Bill, makes some cockeyed statements on the Financial situation of the Country, and now he is noticed to appear before courts for giving special treatment to a giant Corporate depriving the Country of revenue from Customs Duty.
There was talk about a cabinet re-shuffle a few weeks ago, and everybody was hopeful that he would be removed. But he stays put. Does not RANIL realise that his Finance Minster is neither useful nor ornamental and the only thing he does is to blunder from one cockup to another thereby bringing the Govt to disrepute and the Country to financial ruin.
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SL / September 28, 2016
Ranil is the chief architect of corruption! Perpetual Trust profit is staggering 5 Billion!!
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shankar / September 28, 2016
“Why oh why , is this chap being kept in the Govt Ranks let alone in the cabinet”
cos he is ranil’s buddy and sajith’s nemesis.Sirisena should do what he did to mahendran and just get rid of him and appoint eran wickremratna as the FM.If he had not done that to mahendran a eminently suitable man would today not be the CB governor.The international markets reacted with applause to that decision. If he does the same now and gets rid of ravi and appoints eran the international markets will start getting confidence again in the economy.when ravi was appointed sirisena was not for it and said eran is a better choice,but ranil di did not listen.Sirisena has no choice now but to intervene in this matter and let ravi stew with the courts for the rest of the short tenure of this government without the cabinet minister position embarrassment.
no point in sirisena being just a rubber stamp president.As long as ranil is there calling the shots he is on a sinking ship and will go down with him.he has to also look agaiin into what the CEB engineers are saying about the sampur plant,because ranil is the one who sabotaged the norodcholai plant in 2002,and he has done it again now according to D.Siyambalpitiya.The powercuts and diesel bills will finish sirisena in style one day and the rajapakshes will send him to where lasantha is at the moment.
Ranil is a useless leader,who never was of leadership material and because the UNP became a headless chook,got this job.Otherwise he would have been still lounging around as a minister of something or other and highly content to do so.A real leader will be restless and wanting to take the country in a direction he wants and will never be happy working under someone else.
There is such a person now in the UNP.without wasting him as regional minister crap and attack do and body guard roles give him the leadership and see what he can do just as he did to the army and won the war for us.nothing lost giving that a try because this is getting us nowhere and the rajapakshes are gaining every day for a comeback.The only man who can stop them in their tracks is fonseka.The ranil+sirisena combination is not strong enough for the mahinda+gota combination.Ranil is the weak link though sirisena also has made some blunders too.The sirisena+fonseka combination might do the trick.
We were ranked 68th in the competitiveness index in 2015-16 which was a reflection of rajapakshes rule.Now we have slipped to 71 in the 2016-17 index which is a reflection of the yahapalnaya rule.This combination of sirisena+ranil must be changed quickly to sirisena+fonseka otherwise we will next be ranked 75.India has surged ahead from 55 to 39 shows modi is a good leader.Without leaders can’t do anything.without lee kuan yew and mahathir singapore and malaysia won’t be what it is today.Ranil is not fit to even wipe their backside.he should be given a role to oversee his pet poject megapolis.
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MirakRajBanda / September 28, 2016
Old habits die hard!
Everyone knows how Ravi is corrupted and his HSBC land deal in Rajagiriya is icing on the cake for his scandalous, corrupt deals!
He should be stripped off from his portfolio and barred from contesting another election ………
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Sagara / September 28, 2016
When will Buddhist monks follow the path of their Lord Buddha and live a peaceful life full of doing good, promoting tolerance, understanding, and compassion, do good work for the poor and needy, and not get involved in politics, not cause problems, racist attacks, and leave the running of this country to those who have been appointed to do so and other leaders?
There is a segment of Buddhist monks who feel they have the right to control what goes on in this country, and
then there are some who enjoy a good beer in secret.
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Douglas / September 28, 2016
It is very encouraging to see the Yahapalanaya in swing, in that, the Public involvement and watch are well expressed in this court case. The People are beginning to realize that the concept of “Yahapalanaya” is not a “one way” street assigned to Administrative Machinery; but a “Participatory” process where everyone has a role to play as a matter of RIGHT. Thank you PETTITIONERS.
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Plato. / September 28, 2016
This must be surely a first for the Buddhist World where Buddhist Monks file action in Courts on matters related to Alcohol!
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Jagath Fernando / September 28, 2016
Complete mis-representation of facts
GOSL did not want to lose tax revenue on a beer shortage due to floods.
No benefit to company since same tax structure in the interim on their imports.
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just saying / September 28, 2016
All the beer that was in the market since the floods was imported – Ceylon Brewers was inundated and production will not start for another month.
I was wondering how the beer, including bottles for some time, were being sold at local prices when there is such a heavy duty on imported beer. Now we see how and i cannot remember any of our gregarious government spokesman speaking of a cabinet approval for this.
If such a concession was granted, it should have been to all importers – I guess it pays to have politicians in their pockets.
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AJ / September 28, 2016
Only in Sri Lanka, Buddhist monks will go to go court because some company got a preferential treatment in importing alcohol and they themselves get arrested for digging for treasures.
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KA Sumanasekera / September 29, 2016
Ten months before Yahapalanaya kicked in, this guy was issuing Elastomeric personal cheques, which were bouncing back.
Now he buys a LKR 400 Million Yahapalana Customs Warehouse as future investment / dowry for the daughter.
LkR 500 Million shipment of Ethyl Alcohol which was imported without proper documentation gets express clearance,because of the rapid intervention of a UNP Yahapalana Heavy who is a VVIP minister.
The latter was reported in the Elite rag DM in Colombo yesterday along side the beautiful set of numbers in the Perpetual Treasuries balance sheet..
So it not only Dalits, but Elite also know what is going on under the corruption free , nepotism free watchful duo Batalanada Ranil and Bodhi Sira the President who are dispensing Yahapalanaya in bucket loads….
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Serious Sira / September 30, 2016
Is this, in addition to 5 Billion made by Perpetual Treasuries?????
Pooooooh!!!!!!!!!!!
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Serious Sira / September 30, 2016
Is this, in addition to 5 Billion made by Perpetual Treasuries?????
Ravi K! What happened to your mansion tax?
Where is Prez Sirisena? Wake him up!
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