Categories
Economics

Investment Option

Sri Lanka new gilt-edged fund eyes small investors

Nov 30, 2010 (LBO) – Ceybank Asset Management (CAM), Sri Lanka’s largest unit trust fund manager, has launched an open ended gilt-edged fund aiming to attract small investors especially in rural areas, officials said.

The ‘Ceybank Surakum’ fund will invest in government Treasury bills and bonds and other government-backed securities but not in equities and aim to give a return higher than interest rates on bank deposits which have been falling.
Chitra Sathkumara, chief executive of CAM, said their initial target is to raise at least two billion rupees

“This will give small investors a better choice,” he told a news conference.

“In Sri Lanka most people invest a part of their money in savings accounts and fixed deposits but interest rates on savings accounts are falling while the cost of living is increasing, and people get poorer.”

This had prompted some investors to search for high interest yielding but risky products and lose money in financial scams, he said.

“Many investors lost their life saving trying to get super returns. The Surakum fund aims to earn returns above savings accounts while ensuring safety. We aim to bridge the gap between savers and investors through this fund.”

The minimum investment in the fund is 10,000 rupees and each unit 10 rupees.

The Ceybank Surakum fund will pay two dividends a year in January and July, with the first dividend being paid in July 2011.

Dividends from investments are tax free, the investments can be encashed at the prevailing market price and investors can switching their money among other funds managed by CAM.

The fund will be marketed with the help of the branch network of the state-owned Bank of Ceylon, which has a 43.4 percent stake in CAM.

Other shareholders are state-owned Sri Lanka Insurance, Carson Cumberbatch & Co. and Unit Trust of India, said K Hewage, chairman of Ceybank Asset Management.

Proposals in the government’s 2011 budget announced last week exempting unit trusts from certain taxes and relaxing foreign exchange controls to allow foreigners to invest in the funds will help promote the industry, he said.
The budget also made income earned by unit trusts from listed stocks and bonds free from income tax.

Categories
Economics

Sri Lankan Accountants Lure Global Outsourcers

Southern China has its assembly plants. India has customer support centers, research laboratories and low-cost lawyers.

And Sri Lanka’s contribution to global outsourcing? Accountants — thousands of them, standing ready to crunch the world’s numbers.

As this tiny island nation staggers back from a bloody, decades-long civil war, one of its brightest business prospects was born from a surprising side effect of that conflict. Many Sri Lankans, for various reasons, studied accounting in such numbers during the war that this nation of about 20 million people now has an estimated 10,000 certified accountants.

An additional 30,000 students are currently enrolled in accounting programs, according to the Sri Lankan Institute of Chartered Accountants. While that ratio is lower than in developed economies like the United States, it is much greater than in Sri Lanka’s neighboring outsourcing giant, India.

Offices in Sri Lanka are doing financial work for some of the world’s biggest companies, including the international bank HSBC and the insurer Aviva. And it is not simply payroll and bookkeeping. The outsourced work includes derivatives pricing and risk management for money managers and hedge funds, stock research for investment banks and underwriting for insurance companies.

Categories
Politics

The Tamil Leadership Solely Responsible for What Happened to the Tamil People

Mr. Chairman and distinguished members of the Commission,

I am honored and privileged to be invited to give evidence before this Commission and lengthy historical events of our time and I thank the Commission for giving me this opportunity.

Before I go any further I must congratulate the Commission for the progress made so far, especially in giving the lie to its critics dismissed it as fantastic as that of an international inquiry. The wonderful and fantastic commission scheme again debunked the cynical attitude common in some Sri Lankans who believe that local products are not so good as that imported goods and services. I can not see how three foreign gentlemen, sitting far away New York, with a predetermined attitude towards Sri Lanka, may investigate and report on the conditions in Sri Lanka based on the accounts presented suspicious sources which has a notorious record of reporting adversely and negatively in Sri Lanka. It is predictable that the UN Panel appointed by UN Secretary General, ban Ki Moon, – you know especially the problem of attitude of the UN panellists – is just rubber stamp the prevailing judgment of the West denigrating the largest historic movement in living memory Sri Lankans.

I want to say with certainty that the alliance of the World for Peace, which I represent, with the implicit trust and faith in the integrity and the ability of the distinguished Commissioners to fulfill their mandates to honor. I can, therefore, begin by congratulating the Commission for his outstanding performance as another successful attempt in telling the critics and doubting Thomases that we – yes, we can – manage our problems ourselves, in our own way, without intrusive foreigners trying to teach grandmothers how to suck eggs. The irony in all this is that foreigners preaching and elegant universal behavioral standards to us in no uncertainty principle that we should do what they say and not what they do.

Mr. Chairman and distinguished members of the Panel We value and appreciate the advances made so far and we trust and hope that you will continue to do so to serve the country which requires the user to make the laudable and very purpose of reconciliation.
I am here today as representatives of the World Alliance for Peace in Sri Lanka (WAPs). It is a global net work, spread from Toronto to Melbourne, dedicated to fighting the horrible anti-Sri Lankan forces damaging the image of Sri Lanka abroad. It is composed of volunteers committed to the forefront of an international movement to protect, preserve and promote the good name of Sri Lanka. WAPs are an independent organization that does not rely for funds, or direction from any government, either Sri Lanka or elsewhere. WAPs runs itself raised funds collected from the patriotic Sri Lankans in the diaspora and I’m proud to represent the WAPs which is probably the only NGO consisting of Sri Lankans without any links to any government in Sri Lanka or any other country or foreign funding agencies. It does not pretend to be a non-governmental organizations like the National Council For Peace, OR THE CENTRE FOR POLICY alternative that, in fact, linked either directly or indirectly to the Western governments or their agencies funding.

Works of Western governments and private funding agencies hand in hand to finance the local NGOs that received agents to do their dirty work in crisis-torn or less developed countries like Sri Lanka. To the West it is cheaper to outsource their foreign policy objective of the hired hands of the local NGOs because they proved highly sophisticated agents that can push the Western political purposes at a cheaper rate than their expensive career diplomats posted to Addis Ababa, Islamabad or Colombo. Western governments have openly admitted that NGOs have their “soft power” used effectively to advance their political agenda. It is, therefore, a misnomer to consider the National Council for Peace or the Centre for Alternative Policies or International Centre for Ethnic Studies, to mention only a few, such as NGOs because they are, directly or indirectly, may owe the government abroad. The NGO is also working closely with the diplomatic mission of the West where the local arm of Western governments. To whether the NGO is funded by Western sources, directly or indirectly linked to Western governments, and if they also work closely with the diplomats of foreign governments, how they are called non-a government organization? They act as the local arms of foreign governments. They dance to their tune because that is the only way in which they can continue running their funds from Western sources. If the local NGOs that fail to promote a political purpose useful to Western sources they go after business.

One of the main goals of WAPs is to take the same NGO in Sri Lanka and other countries which are, by and large, anti-Sri Lankan political fronts of the West. Distinguished members of the Commission, it is my intention to focus exclusively on the conflict for several reasons.

1) became the national reconciliation agenda from colonial times where communities compete with each vying for power and territory and it continues to be the national aim of this day almost in the same format.

2) It has been prioritized as the prime need of the day for us to move forward.

3) International and national pressures have mounted on the issue of conflict.

4) I believe reconciliation is also the main purpose of this Commission.

When we talk of reconciliation we mean essentially the reconciliation of the Sinhalese in the Tamil-speaking community took up arms demanding a separate state. A notable – but mostly ignored – political reality is that the relationship with the other two Tamil-speaking community, the Muslims and the Indian Tamils, remained undisturbed normal levels without either of them going the extreme of demanding a separate state or taking up arms against the majority Sinhalese. A single barrel statistics are revealing because that is denigrated as Sinhalese extremists, chauvinists, anti-Tamil racists will never be overcome peacefully co-exist with two other Tamil-speaking community if they are bad as they are painted to be.

A single political statistic also goes against the general accusation that the Sinhala majority is the oppressor of the Tamil-speaking community. This makes it abundantly clear that, despite the differences and tensions, both Sinhala majority have been successful in maintaining compatible and peaceful relations with two of the Tamil-speaking community and had only one problem with Tamil -speaking community. This single political truth should talk more about the political culture of peninsular with mono-ethnic extremism than about the Sinhalese who had grown Co-exist as a multi-ethnic, multi-religious, multi- cultural and pluralistic entity.

The topics that dominate the political landscape turned reality on its head. For example, the multi-ethnic, multi-religious, multi-cultural and pluralistic society is denigrated as Sinhala racist or chauvinistic as the mono-culture of Jaffna which was fought strenuously to preserve its mono-ethnic hegemony is projected as an exclusive haven of cultural superiority. The anti-Sinhala lobbying manufactured an ideology as Sinhalese extremists paint and paint the mono-ethnic extremism of the Jaffna Tamils ??as the Sinhala victims of bullying. If, as they say, the Sinhala majority is oppressing the Tamil-speaking minority in the scale described by NGOs and related propagandists of Jaffna Tamil separatist lobby, not all the other Tamil-speaking community There are basically due to gang up against the Sinhalese? Besides, why is the leadership of Jaffna Tamil not move the other two Tamil-speaking communities in their political and military campaign against their so-called “Sinhala oppressors”? Serious attempt was made by the SJV Chelvanayakam to develop a pan-Tamil-speaking peoples’ front against the Sinhalese but he failed to get them in a common front against the Sinhalese.
If the mathematics seen in convincing rational political analysts, the majority Sinhala has maintained consistent relationship with two of the Tamil-speaking communities, resolving differences without violence, why is the Jaffna Tamil leadership alone fail to keep non-violent, harmonious relationships with other communities? Why did they drag their own people by a senseless war in abysmal depths of Nandikadal? What they achieve? They went to destroy the Sinhalese whom they demonized globally and in the end it boomeranged on them. Their violence turned inwards and they lost their entire leadership, they lost their friends and relatives, and they lose their self respect and dignity when they were forced to surrender to fascist terror of a pathological serial killer. Now that we have gone through the worst part time has come for the Jaffna Tamil leadership to consider how the other two Tamil-speaking community leaders succeeded in guiding their communities in constructive and reliable end and why only the Jaffna Tamil leadership fails? Why is it that reconciliation is possible with other two-Tamil speaking community and a community not only in Jaffna?
The answer is found in the intricacies and complexities of the unique political culture of peninsular which dragged the Jaffna people from colonial times to the mono-ethnic extremism. In summary it is shown that according to the northern leadership is doomed to fail because of their intransigence and extremist mono-ethnic ideology that refuses to compromise on anything short of their fancy state of Eelam.
Jaffna jingoism is the most destructive and counter-productive to all the political culture of the Tamil-speaking community. Their ideologues and intellectuals who rationalized mono-ethnic extremism of Jaffna demanded reconciliation should be based only on terms dictated by the purpose of extremist of Jaffna-centric politics. This intransigence is one of the main causes that led to the failure of any moves towards reconciliation.
Reconciliation is viewed, argued and expected as a one way process – ie, the government of the day should provide the needs of only one Tamil-speaking community of disregarding or marginalizing the aspirations, the historical grievances, and needs of others other minority and majority communities whose primary purpose is co-exist in harmony with each other, sharing common ground with all those that consider the entire 25,000 square miles, from Point Pedro to Dondra, their homeland without any division.
Successive governments have lost this one-way track without any success. Each national, regional and global endeavor to bring about reconciliation failed because each move is aimed at appeasing intransigent leadership of Jaffna. The Indian move to bring about reconciliation completed by assassinating Rajiv Gandhi. Moves to harmonize the Premadasa finished assassinating Premadasa. The Chandrika-Neelan transition to produce a charter for reconciliation ended in assassinating Neelan and almost getting Chandrika. The last major one-way attempt at reconciliation Ranil Wickremesinghe when the Prabhakaran signed the CFA that conceding almost the next best thing to Eelam. It failed because the Jaffna Tamil leadership, as usual, refused to accept it as the route to reconciliation.
Furthermore, the undeniable fact is that the reconciliatory moves, signed the Tamil leadership, was approved by the Tamil people and their fellow travelers in the circuit NGOs. So what is the logic in saying that the Sinhala leadership has not made real moves in harmony? The Sinhala leadership has even gone as far as dismissing or marginalizing of the aspirations and needs of other Sinhala and Tamil-speaking community. Ranil Wickremesinghe, for example, crimes committed against the country when he authorized the supply of arms and ammunition, duty free, the Tamil Tigers. Even put him in the Navy Commander, Wasantha Karannagoda, the mat for the disappearance of Tamil Tiger boat smuggling arms and ammunition. Should he go to the Guinness Book of Records for being the first prime minister in any part of the world that pulled up his Navy commander for the defense of territorial integrity and security of the country. It is the innocent children in the Security Forces had to pay with their lives to repair the damage done to the CFA.
However he lost Wickremesinghe actions prove that he was bent over backwards to appease the Tamil leadership – a task that is doomed to fail. Successive Sri Lankan leaders have lost their way – sometimes under international pressure – to harmonize with the Tamil separatists. But they succeeded. Although the evidence is loaded against the Jaffna Tamil leadership for deliberately pursuing a military solution, reject a negotiated settlement, it is the “Sinhala state” to be blamed for every failure to harmonize the Jaffna Tamil leadership.
The Nordic peace-makers are on record saying that 95% of the terms and conditions of the CFA was violated by the LTTE. So who should take responsibility for failing to bring about reconciliation?
That is the leadership of the Tamil who decided to seek a military solution when they passed the Vadukoddai Resolution on May 14, 1976. It is known Resolution unanimously endorsed the decision to wage war against other parts of the country. Prof. AJ Wilson, son-in-law of Chelvanayakam, the father of separatism and the man who posed as Gandhi, states in his memoir that Chelvanayakam went through every word of Vadukoddai Resolution. Specifically urged the Tamil youth to take up arms and not REST until they achieve their goal of Eelam.
So it is not the “Sinhala state” adopted by the military solution. Historical documents record that it is the Tamil leadership to deliberately and consciously decided to go down the path of violence. That is the leadership provided by the ideology Tamil instigate the Tamil youth to take up arms. That is the leadership of the Tamil who financed the bullets, the guns, landmines, hand grenades, boats and all other firearms when the door is open to them to negotiate as the other two Tamil-speaking communities. That is the leadership of the Tamil who gave silent acquiescence in the killings of Tamil leaders.
Reneged on the national, regional and international agreements, which rejected all reasonable offers for reconciliation, even though the offer came with international guarantees, the Tamil leadership and their fellow travelers in academia, media, NGOs etc refused to accept political responsibility for the horrendous crimes committed in the name of the people in Tamil. Not surprisingly, the intellectuals, academics, NGO pundits made rationalizing their volumes dividing Tamil politics and justifying violence by blaming the Sinhalese.
Blaming the Sinhalese are the most common features of the Jaffna Tamil political culture. Jaffna-centric politics has thrived in targeting the Sinhalese. Ultimately it turned into a cult of hatred. The true expression of this anti-Sinhala politics is encapsulated in Resolution Vadukoddai. This is the most specific document to produce Jaffna determining their political goals, the violent approach and the cult of hatred. Made it a core ideology based not actually concocted history and geography.
A whole new industry grew round the ideological Vadukoddai Resolution. The pro-separatist seminars, lectures, researches, publications aimed at blaming only the Sinhala-Buddhists. The Vadukoddai ideology designed to justify the Jaffna Tamil leadership from all blame and any subsequent review of studies reveal that academics and public intellectuals are not deviated one inch from the fictions and laid down in Resolution Vadukoddai concoctions. In the end they blamed Prabhakaran also as a creation of the Sinhalese. If Prabhakaran is a creation of the Sinhalese his bullets should be directed only to the Sinhalese. But why did he turn his gun first at the father of Tamil Vadukoddai Resolution that endorsed violence? Is the Sinhalese teach him to target the entire Tamil leadership? If, as claimed, he came of Sinhala violence, why is he targeting innocent Muslims? What they have done to him? Why did he pluck the children in Tamil from Tamil breasts of mothers? It was the Sinhalese who prompted him to commit crimes against humanity?
Sinhala-Buddhists demonizing is a necessary strategy to justify Tamil violence and the needs of extremist. The root of the Tamil violence and the needs of extremist ideology Vadukoddai this is where specified and laid the road map to Eelam which, contrary to their expectations, completed in Nandikadal.
The Vadukoddai Resolution made the Vadukoddai War which lasted 33 years and four days. It has a definite beginning (May 14, 1976) and it has a definite conclusion on May 18, 2009. I consider it as an ongoing war and not as four Eelam Wars. The fact that Vadukoddai see-sawed in the War between the low-intensity and high-intensity phases does not add up to four war. This is just one ongoing war led by the war-mongers Jaffna specifically declared war on the rest of the country Vadukoddai Resolution.
This Commission and the major countries are now committed to working out the modalities for reconciliation. There are many roads to reconciliation, up from state initiatives in organized activities at grass root level. Reconciliation is not one-way traffic. It takes two came into conflict. Reconciliation, it must be mentioned, is a process that begins in the mind. Leading down the mental barriers, misperceptions, prejudices and fear-mongering some of the essentials needed to bring about reconciliation. More importantly, no reconciliation is possible if the ideology that led to the War Vadukoddai is left unchallenged.
Vadukoddai Resolution is not intended for reconciliation. It is intended to demonize the Sinhalese, they rewrite history to fit the purpose of Jaffna-centric politics and whip up anti-Sinhala sentiments Vadukoddai violence to keep the boiling point. In fact, when the Tamil separatists decided to go down the path laid down in Resolution Vadukoddai they opened two fronts: 1. The military front in the soil where the Tamil youth took up arms as stipulated in the Vadukoddai Resolution and 2. the ideological front where justified and fueled Vadukoddai War for 33 years. We won the war on the ground. But we have yet to win the second front – the ideological front which was heavily defeated by the military as before.
The Vadukoddai ideology hangs like a sword of Damocles over the heads of the country. The Tamil diaspora is primarily driven by Vadukoddai ideology. That is their one and only reference point. The Interim Government of Tamil Eelam Transnational is designed to achieve the objectives of Resolution Vadukoddai. Although the Tamil Tigers – the misled children Vadukoddai Resolution – is dead ideology is still alive.
Resistance to the ideology that it is a sine qua non for countries to move towards reconciliation. The main task of the second front, where the government has not been opened in any effective way, is to abolish the political topics and fictions woven round Vadukoddai Resolution. No amount of legislation can win this ideological battle. It’s going to be a battle for hearts and minds of people. Reconciliation is only possible when the mind is liberated from the subject of divisive and violent politics embedded in the Vadukoddai Resolution. The removal of the Tamil Tiger terrorists from the political equation helps. But the ideology that fired them to continue to linger on in various shades and manifestations.
This is why the ideological battle has to be taken seriously and fought relentlessly as the recently concluded war on the ground. The common thrust of anti-Sinhala ideology was based on allegations of discrimination against Tamils. Besides the concocted historical and geographical fictions, Jaffna-centric politics has always been accused what they called “Sinhala state” in the areas of discrimination. This is the rationale which took Jaffna-centric politics of violence. This accusation has been accepted uncritically by various pundits who found it very useful to toe the line.
It has become an integral part of conventional wisdom that hardly anyone dares to challenge it. I do not have time to cover all the issues of discrimination raised by Jaffna Tamil lobby. But let me deal with the main charge based on the Sinhala Only Act. As a result of massive brainwashing the world will know it as a symbol of discrimination against the Tamil-speaking people. But the other two Tamil-speaking communities – the Muslims and the Indians – is not consider it as an issue which could take up arms or demand a separate state. What should be mentioned that all issues of discrimination are raised and pursued relentlessly, ending up with the War in Vadukoddai, only by Jaffna Tamils. Almost every one of the issues of discrimination raised by the Jaffna Tamil political caste / class – except for the issue of citizenship of the Indians – has nothing to do with the other two Tamil-speaking community. This is one reason why the issue of discrimination that is so hollow. If two out of three Tamil-speaking community always pursued a political program of peaceful co-existence while having their rights through non-violent politics what is the justification of the Jaffna political caste / class to go all the way from Vadukoddai to Nandikadal?
Take the example of Sinhala only Act that were mentioned as the mother of all evil in Sri Lankan politics. It is not only the Jaffna Tamils ??but the whole Westernized, English-educated ruling class of all communities, including the Sinhalese, who rebelled against it. Although the language of the Tamils ??issue was confined essentially to the English-educated professionals, especially those in public service. The majority of the Tamils ??who lived in the Sinhalese have no problem with Sinhala as the language of commerce. When I grow my barber, my corner grocer store, my people thosai boutique, my rickshaw man took me to school, botal karaya, – you name it – all
Tamils ??and they have no problem with the Sinhalese. My mother shopped for her jewelry on Sea Street is no problem with bargaining in Tamil jewelers in Sinhalese. In fact, this is a problem confined only 6% of the English educated elite who resented and resisted their power and privileges taken away by enthroning the language of most people. They Hooked on retaining the colonial privileges which are going to 94% of people to communicate in the language of their elected government in the mother tongue. Which democratic, or even dictatorship, continue to unfair practice of running a government in a foreign language? France is run in English? England provided the Welsh? China is run in Japan? Why is it right for all other countries to run their government in the language of most but not Sri Lanka?
But let me hasten to add that the Tamils ??also have the right to communicate with their elected governments in their mother tongue. And provision is made for it by SW In RD Bandaranaike, the largest liberal Sinhala leaders who demonized the Tamil lobby as the sole author who deprived them of their rights. Bandaranaike will not overthrow the Tamil language. The dethroned him only English. Its mission is to correcting the imbalances left by centuries of colonialism. The pendulum swung in the West under colonialism is swinging in the East in all ex-colonies. One of the first human rights are managed in their own language.
When Sinhala only act was passed Chelvanayakam went from kachcheri kachcheri urging Tamil public servants do not know Sinhala. This is typical of the narrow-minded, divisive politics of Jaffna-centric politics that took it late in Nandikadal. It is the duty of all public servants to serve the public and it is the duty of all public servants to deliver 75% of the population in Sinhala. Chelvanayakam and the English-educated ruling class does not want to change the colonial practices. They are for retaining the status quo. In other words, you Chelvanayakam public to learn the language of public servants rather than public servants to study the language of the public. How fair it public? In fairness to Bandaranaike, it must be noted that he made it compulsory for public servants burgher Sinhala and Tamil to learn and even provided free classes in the department for public servants to learn the language of the public. That is the policy of this administration and democratizing the administration publicly accessible without any barriers of language that is vilified as a racist act by “Sinhala state” against the Tamils.
Let us also not forget that it is Sinhala youth took up arms first to yell discrimination. They too raised the issue of language but on the basis of a class. They said that English is the language of the ruling class who declined the opportunity to lower class. The Jaffna Tamils ??took the same issue on an ethnic basis and accused the Sinhalese pursuing racist politics. Although the late Marxist leader came to the conclusion that it is a class issue and not an ethnic issue. And despite all the allegations of discrimination in a base language of the country is still run in English. The judiciary, the executive and the legislature is ruled by and large in English. Although the bulk of the evidence recorded in the commission that it is in English. So where is the discrimination if all three languages ??are used in operations management today?
Let me highlight some key aspects to debunk this myth of discrimination. There are 192 members of the distinguished flying UN flags. Flags of all this is only the flag of Sri Lankan Tamils ??gave a place of respect, dignity and honor. The flag is the highest symbol of any country. When the President salutes the national flag as he salutes the Tamils ??and Muslims also. So with “the Sinhala state” excluded the Tamils ??and gave them a lower status nationally or internationally? Take the case of money – another symbol of national recognition. Remember every penny because it gives Tamil recognition as an equal partner. So where is this discrimination? This place of honor is not there for Tamils ??even in India – the ONLY homeland of Tamils.
In what way the unique symbol of the Tamils ??are denied their rights, their culture, their identity? On the contrary, in developing countries is not “successive” Sinhala government “put minorities on equal footing to every critical level? This is confirmed by the fact that two Tamil-speaking community has refused to join the Jaffna Tamils ??in their violent campaign against Sri Lanka. They had no reason to join hands because the issues of discrimination and other allegations are not valid. If the allegations of discrimination and oppression of minorities is valid it will be felt across the board with the minorities. But it is not. They all spoke in Tamil language, all of them are faced with the same majority Sinhala and they live in the same political space. Their refusal to join hands with the Tamils ??in Jaffna that the allegations of discrimination and oppression conclusively refutes the allegations of the Jaffna Tamils ??concocted.
As a result of distorted ideologies political culture of peninsular country was put through the most traumatic period in its history. The Jaffna Tamil political parties have survived past the culture of blaming the Sinhalese. If they are to learn from the history of one outstanding lesson that they must accept that there is no future in ideologically wild past. They pushed their mono-ethnic politics in the extreme and they are gone. Now is their task to re-think their place in a multi-cultural, multi-ethnic, multi-religious state.
But to summarize, their mono-ethnic politics of extremism does not expire as long as their second front – the ideological front – is left wide open. Reconciliation can be built only by abandoning the Vadukoddai ideology which has no future. Those still are committed to the ideology that is not grasped the geo-political facts that went against Vadukoddai ideology. The Tamil leaders are aware that the international community is against a separate state but they said that the Tamil people. They kept the illusion of the Eelam alive for their own self-interest without any consideration for the suffering of people in Tamil.
Let us not forget that all this is the Jaffna Tamil people who suffered most. The Jaffna Tamil leadership should apologize to their knees in Jaffna people for leading them to Nandikadal. Jaffna deserves a more enlightened leadership that can save them from going to the same old route from Vadukoddai to Nandikadal on. Blaming the Sinhalese are not going to pay them any dividends any more. They should be responsible for manufacturing the Vadukoddai ideology that took them nowhere. No one asked them to pass the Vadukoddai Resolution. They did it themselves. No one asked them to drag the people of Tamil, using it as a human shield, to Nandikadal. They alone must take full responsibility for what happened to the Tamil people. They should not only apologize but promised their people not to take them down the path to another Nandikadal.

Categories
Domestic

German Bakery blast accused was trained to assemble explosives in Colombo

The alleged mastermind of the February 13 German Bakery attack, Himayat Baig, was trained to assemble explosives in Colombo by two of the co-accused in the case when they visited the Sri Lankan capital in March 2008, the Maharashtra ATS has contended in the chargesheet submitted to the Judicial Magistrate in Pune.

A copy of the 2500-page chargesheet, which was filed by the ATS in the court of Judicial Magistrate S. Bose on Saturday, was handed over to Baig who was produced in the court on Monday.

According to certain details of the document shared by Defence Counsel A. Rahman with the press, Baig is charged with designing the German Bakery terror attack along with Faiyaz Kagzi and Sayyad Ansari, two of the six co-accused named in the case, who are absconding.

Baig, who ran a cyber cafe in Udgir, later finalised the plan to attack the eatery in the last week of January 2010 and went to Mumbai along with two other accused — Mohasin Choudhary and Bhatkal — to purchase a sack to keep the bomb and a Nokia mobile, the prosecution has alleged as quoted by Mr. Rahman.

The bomb that was planted in the Pune eatery at 17:00 hours went off killing 17 persons including some foreigners and injuring over 60.

The six other co-accused charged along with Baig are — Yasim Bhatkal, Mohsin Choudhary, Riyaz Bhatkal, Iqbal Bhatkal, Faiyaz Kagzi and Sayyad Ansari——— all stated to be absconding.

Mr. Rahman took instructions from Baig, who was brought to the court without a shroud.

ATS officer Vinod Satav told the Magistrate that names of some witnesses had been deleted from the chargesheet to protect their identity.

Baig is charged under various sections of IPC, Explosives Substances Act and Unlawful Activities Prevention Act.

The Defence Counsel said he would contest the omission of witnesses’ names in higher court. The Counsel also said that Baig had denied all charges mentioned by the ATS.

The Magistrate committed the case to the Sessions Court where a special judge will hear it.

The massive chargesheet is kept in custody of the judge and its details were not made public.

Categories
Foreign Affairs

Sri Lanka ready to assist India in combating LTTE

Sri Lanka is to consider assisting India in combating the threat posed by LTTE elements said Minister of Media Keheliya Rambukwella.

Answering a query of a journalist at the Cabinet media briefing held in Colombo a short while ago (16), he said that Sri Lanka will consider on the issue if such a request is made and the country will share all its experiences in combating terrorism.

India is the neigbhouring country of Sri Lanka who has had strong ties for centuries mentioned the Minister.

The Minister mentioned this commenting on the very recent reports on LTTE attempts to take the lives of Indian Prime Minister Manmohan Singh and TamilNadu Chief Minister M Karunanidi. These details were revealed by the intelligence units of the country.

Categories
Military

D Aide Probed for LTTE Links in India

Mumbai’s Anti Terrorism Squad (ATS) is questioning a key member of Dawood Ibrahim gang for alleged links with the Liberation Tigers of Tamil Eelam (LTTE) to supply arms for terror activities in India.

Categories
Military

Sri Lanka Navy Diamond Jubilee

Sri Lanka Navy is celebrating Diamond Jubilee (completion of 60 years) today. On December 09, 1950 the Navy Act was enacted to form Royal Ceylon Navy. In 1972, with the introduction of new constitution Royal Ceylon Navy was renamed as the Sri Lanka Navy.

Representatives from 21 countries including 06 Naval Chiefs from around the world are participating in the celebrations. Ships from Bangladesh, China, India, Iran, Pakistan, Russia and Thailand Navies are participating in the Presidential Fleet Review and International Sail Past at the port of Colombo.

India is represented by Admiral Nirmal Verma, Chief of Naval Staff along with INS Mysore and INS Tarangini.

Categories
Foreign Affairs

Spanish-Thai forgery probe reveals new links to LTTE

Spanish and Thai police investigating a gang that supplied forged passports to al-Qaeda linked groups have found new evidence of links to Sri Lanka’s defeated Tamil Tiger rebels, Spanish authorities said today.

Spanish and Thai police are analysing material seized late on Tuesday in a joint operation in which 10 people -eight Pakistanis, a Nigerian and a Thai national – were arrested in the two countries, Spain’s interior ministry said in a statement.

The 10 are suspected of providing forged passports to organisations linked to Al-Qaeda, including the Pakistan-based Lashkar-e-Taiba, accused of plotting the attacks in Mumbai that killed at least 166 people in November 2008, as well as to the Tamil Tigers.

Police seized forged passports, immigration documents, faked rubber stamps, computers, mobile phones, passport photos, British driving licences and sophisticated counterfeiting equipment in the swoop named Operation Kampai.

Spanish police experts “have travelled to Thailand and are working with Thailand’s department of special investigations to analyse the numerous documents seized from the cell,” the interior ministry said Friday.

“An initial examination of photographs seized has turned up evidence of the membership of some members of the terrorist organisation the Liberation Tigers of Tamil Eelam.”

The LTTE “has perpetrated bloody attacks, many of them by suicides, such as that which killed the former Indian prime minister Rajiv Gandhi in 1991.

“Many of its members were based in Western countries, where they obtained financial assistance for the organisation through extortion and drug trafficking,” it said.

The LTTE fought a violent 37-year campaign for an independent Tamil homeland in northern and eastern Sri Lanka before being crushed by government forces last year.

Thai police said yesterday that the three arrested in Thailand – two Pakistani men and a Thai woman – were part of criminal networks tied to “many terrorist attacks”.

These included the 2004 Madrid bombings, when blasts on packed commuter trains in a city suburb killed 191 people and wounded 1,841 others. However, Spanish authorities have not confirmed any such link to those arrested.

Spanish police detained seven suspects – six Pakistanis and a Nigerian – in the northeastern city of Barcelona during the operation.

Categories
Domestic

Half of Colombo Population in Shanties

Approximately 75,000 families, which is half the population within the Colombo city limits are without houses and are living in shanty houses. They are living in unauthorized buildings and mostly occupy property belonging to the government, Defence Secretary Gotabhaya Rajapaksa stated.

Speaking at an occasion held at the BMICH celebrating the World Town Planning Day today (08 November) he said that the government treasury cant afford to relocate all 75, 000 families, as the cost for building a single unit for a family costs some Rs. 2.5 million.

That is why we need Town Planning. In order to find out how to get the money needed to relocate in large numbers, fund the projects and make them a reality, the secretary said at the event which was organized by the Institute of Town Planners Sri Lanka.

We know that a lot of these unauthorized structures are in very valuable land in Colombo, so we need to make use of those properties, Gotabhaya Rajapaksa said.

“Though the war is over and there is peace and stability in the country that alone won’t bring investors to the country. We need to encourage them and show them that their investment will be profitable” he added.

Categories
Foreign Affairs

Desi Journalist Abused, Thrown Out of pro-Eelam Meeting in NJ

A veteran Indian-American journalist was forcibly thrown out of a pro-Eelam meeting organized by Association of Tamils of Sri Lanka in the USA and Ilankai Tamil Sangam when he went to cover the event at Rasoi restaurant in Monmouth Junction, New Jersey on Saturday noon.

Dr Prakash M Swamy, a senior journalist of New York and a United Nations accredited correspondent, was manhandled and pushed out of the venue after being invited to cover the event by the organizers. The organizers also abused him as “an agent of Government of India and Sri Lanka” while forcibly pushed him out of the door in the cold when he pleaded that he had come all the way from New York traveling over two hours to cover the event at their invitation.

According to Dr Swamy, Palani Sundaram, president of Federation of Tamil Sangams of North America (Fetna) was heard shouting and giving directions to the volunteers to throw him out saying that the writer could bring disrepute to the organizations with his “negative reporting.”

Dr. Swamy is a Tamil-speaking English journalist who specializes in South Asian affairs and has written several articles and scoops on the formation of Trans-national Government of Tamil Eeelam (TGTE) headquartered in New York and led by attorney Visuvanathan Ruthrakumaran in the Indian media especially for popular Tamil magazines such as Junior Vikatan.