With the prorogation of parliament, all parliamentary committees, including the Committee on Public Enterprise (COPE) headed by @charith9 which did much work inquiring into serious malpractices in Govt institutions highlighted by the National Audit Office, stand dissolved. (1)
This includes further inquiry into the report based on which @TimesOnlineLK published the story yesterday on #LOLC/Hingurana sugar. All incomplete COPE reports that haven't been submitted to parliament will now be in limbo. (2)
If you are a citizen of #SriLanka, understand one thing: all the checks and balances that were put in place to protect our rights and our resources are being dismantled to serve political objectives and personal ambitions. Utimately, YES, it hits the economy, our stomachs (3)
Nothing works in isolation. The corruption that takes place in our institutions means projects could be going through at high cost to benefit middlemen. Who pays? We do. We also may for the violation of established rules and procedures, the politicisation, the cronyism. (4)
Pay*
When parliamentary oversight committees do good work, they must be allowed to. Because they are OUR mechanisms. We are entitled to them. It is not our concern that exposing malpractice will have a negative impact on this or that administration.(5)
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Think the private sector always does thinks better? And cleaner? And right? Read how Hingurana Sugar has been sucked dry via an interesting mechanism by #LOLC and #Brown. Great work by #SriLankan National Audit Office. via @TimesOnlineLK
Hingurana sugar factory is run jointly by the Government and private entities Brown & Company PLC and Lanka ORIX Leasing Company PLC (LOLC). #LOLC took billions worth of loans for the business at soaring interest rates from its associate companies.
The sugar company's operations were repeatedly funded through loans obtained from LOLC subsidiaries “under abnormal terms and comparatively higher interest rates”. Some were taken on compound interest, resulting in high finance costs, the NAO found
Asking @namalrajapaksa whether he chartered aircraft from @flysrilankan is pertinent, relevant and NECESSARY, considering past history. @TimesOnlineLK investigated the abuse of the national airline during the presidency of his father and found that...(1)
...@PresRajapaksa spent more than Rs. 785 million within three years to charter @flysrilankan aircraft for his visits abroad. Documents showed that the airbuses would often remain idle in various airports until Mr Rajapaksa finished his tours. (2)
@flysrilankan billed his office a total of Rs 785,079,185 for 90 aircraft movements in 2012, 2013 and 2014. This figure doesn't reflect other multiple costs such as crew accommodation. Those expenses were often met by Sri Lanka’s diplomatic missions abroad. (3)
One of the stories we at @TimesOnlineLK did today is of interest to every user of a mobile phone service. My tweets can be long threads but bear with me. I do it because you people don't read articles 🙄 (I'm on to you) #SriLanka
You know all this value added services you seem to have subscribed to? Some willingly, some unknowingly and most by-now-forgotten but still being added to your bill without actually showing up on it? The @TRCSL has now clamped down after being swamped with customer complaints.
Now, mobile companies MUST introduce a PRACTICAL mechanism for unsubscribing from value-added services (VAS). No service can be promoted as being free if it involves any charges whatsoever to the consumer, even at a later date.
This long thread is about Imaad Zuberi who in June this year went to jail in the US for defrauding #SriLanka out of nearly US$6mn. The money was disbursed through @CBSL in 2014. Those that paid were never held accountable. And it’s not just US$6mn we’re talking about.
@TimesOnlineLK first reported in a July 2014 political column that Zuberi was introduced to UPFA leaders by Saleem H Mandviwalla, a one-time Chairman of Pakistan's Board of Investment, friend of President Rajapaksa and Namal Rajapaksa MP. sundaytimes.lk/140720/columns…
On July 20, @TimesOnlineLK political column revealed that Vass Gunawardena was doing back-channel diplomacy to cushion possible adverse fallout from an international investigation into alleged war crimes. Again, Zuberi was key. sundaytimes.lk/140810/columns…
@WHOSriLanka had been convening an independent expert panel--which included members attached to the WHO--to assess #COVID19 in Sri Lanka. They produced reports which were easy to understand, scientific and provided a snapshot into the prevailing situation around the time. (1)
At least two reports were published online. I am among the professional journalists (also my colleague at @TimesOnlineLK) who took extracts from the report while identifying CORRECTLY that it was an independent panel convened by @WHOSriLanka (2)
The reports did specify that lockdowns would save lives. This was the opinion of the experts in the panel. The media duly reported it, ALONG with other facts contained therein. (3)