Controversial bond issue takes centre stage
The
controversial Treasury bond issue turned into a much debated topic on
the floor of the House and Prime Minister Ranil Wickremesinghe making a
detailed statement told Parliament as to how the Government had acted in
a much different manner compared to previous regime in the face of
allegations.
The Premier explaining the democratic form of his governance posed a
challenge to the main Opposition UPFA to contest against them at a
general election without indulging in mud-slinging.
Premier Wickremesinghe said that this would be the first time in
recent history that the Government has appointed a committee to
investigate and report to Parliament on allegations of corruption
against the Government. During the past 10 years, there had been
numerous allegations on malpractices in the financial sector, but no
action had been taken to conduct any investigations. He recalled how
some of those responsible remained deaf and blind in the face of such
allegations and also attempted to sweep them under the carpet.
Teach
Premier Wickremesinghe said that those who had been waiting to “send
Maithripala Sirisena six feet down” if he lost the Presidential election
are now trying to teach good governance and give lessons on morals. His
elaborative speech was a clear reflection on how the incumbent
Government has been effecting changes during the past two months putting
an end to the dark era of the former regime as desired by the people. We
do not have a bond issue but an issue of persons who had been rejected
by the people”, he said.
Wickremesinghe told the House that a three-member committee appointed
by him would look into the sale of Treasury bonds from 2012 to date and
to ascertain as to how many malpractices and frauds had taken place
during the previous regime. He told the House that Central Bank Governor
Arjuna Mahendran would be on leave until the investigations are
completed.
Opposition Leader Nimal Siripala de Silva said that the Prime
Minister in his 45-minute lengthy speech focused attention on various
other factors by ignoring the core issue and demanded a special debate
on the controversial bond issue. Accordingly, at the Party Leaders
meeting on Wednesday it was decided to allocate three hours for a debate
on Thursday. The Opposition members who joined in the Adjournment Debate
demanded to know from the Government as to why a Singaporean citizen was
appointed Central Bank Governor.
Visa status
The Opposition Leader who opened the debate said that the Opposition
has no intention of pressing for impounding the passport of a
Singaporean citizen, but demanded to table the visa status of Mahendran
in Parliament. De Silva said that the Prime Minister had played with
words and avoided the questions posed by the Opposition on the
controversial bond issue.
Finance Minister Ravi Karunanayake said the Government has initiated
an investigation on the bond issue to show its transparency.
If the Opposition Leader questions the citizenship of Mahendran, what
about those who held dual citizenships during the previous regime? There
were US citizens who held top positions in the former Government, he
said.
Policy Planning and Economic Affairs Deputy Minister Dr Harsha De
Silva responding to a query by UPFA MP Lalith Dissanayake who demanded
to know whether a citizen of another country was eligible to be the
Central Bank Governor told the House that the citizenship did not matter
in considering the eligibility of a person to be appointed to the post
of Central Bank Governor.
He said the very first Central Bank Governor John Exter was also not
a Sri Lankan citizen. He was an American economist and held that
position from 1950 to 1953. Presenting Amendments to the United Nations
Act giving effect in Sri Lanka to the UN Security Council Resolutions
against money laundering and financing of terrorism, Foreign Minister
Mangala Samaraweera said the Government, under the leadership of
President Maithripala Sirisena pursues a policy of working with all
countries.
This important anniversary also coincides with the 70th anniversary
of the setting up of the United Nations Organisation. To achieve
meaningful reconciliation, strengthen democracy, good governance and the
rule of law and re-build our country’ international image and consensual
democracy championed by President Sirisena and Prime Minister
Wickremesinghe as against a culture of adversarial politics is an
absolute necessity, the Foreign Minister said.
Former State Higher Education Minister Prof Rajiva Wijesingha on
Tuesday crossed over to the Opposition in Parliament expressing his
opposition against the proposed 19th Amendment to the Constitution and
giving executive powers to the Prime Minister.
Since the National Unity Government was formed under the leadership
of President Maithripala Sirisena, this was the first cross-over by a
Government member to the Opposition. Prof. Wijesingha in his statement
described the move to gazette the 19th Amendment and transfer of
executive powers to the Prime Minister as ill-timed and a wrong
decision.
The transfer of executive powers to the Prime Minister was extremely
dangerous considering the manner the incumbent Prime Minister was
conducting himself, Wijesingha said.
The prevailing media culture in the country came to light following a
query raised by UPFA parliamentarian Shantha Bandara who attempted to
portray that media freedom was being curtailed and cited certain
comments by Prime Minister Ranil Wickremesinghe. Media Minister Gayantha
Karunatilake who categorically rejected the MP's claim said that the
Premier only made observations on the conduct of certain media
institutions.
The Government has ensured media freedom unlike the Rajapaksa regime
where white vans had kidnapped those who raised their voice against the
then government.
The Minister told the House that the Government has launched an
investigation on the disappearance of journalist Prageeth Ekneligoda and
provided relief to his family. Minister Karunatilake said he had already
made an open invitation to journalists who had left the country owing to
political pressure and threats to their lives, to return to the county. |