Mawbima News

By Aruna Kulatunga &#8211

Lankans loose Rs. ten,000 per person due to looses incurred under Cabraal

It was in 1992 that I returned to Sri Lanka from Hong Kong to start Forbes Analysis, one particular of the 1st independent equity research homes in Sri Lanka. In the course of my two year stint with Forbes Research, before leaving to Hong Kong once more to take up an offer you with 1 of Asia´s best stock broking firms, Credit Lyonnais Securities Asia (CLSA) as their institutional sales head for the Indian sub-continent primarily based in HK, I was a member of the USAID-ISTI principal debt committee that created a series of suggestions which laid the foundation for the modify of what was previously identified as rupee loans to treasury bonds.

This background left me in some consternation when I read the report of the committee appointed by the government to appear into the Bond issues of the Central Bank final week. Prior to I delve far more, I have recognized Central Bank governor since his days as a young advisor to the then Minister of Industries Mr Ranil Wickremesinghe in the early 90´s, and have worked in parallel whilst he was head of study for Society Generale Cross Asset Investigation ( Soc-Gen Crosby) and I was at Credit Lyonnais. I have been in regular speak to considering that 2012 with Charlie Mahendra, a contemporary of my father at the University of Peradeniya and his neighbour at the Ramachandra Hall and an advisor to the Prime Minister Mr Ranil Wickremesinghe. The senior Mr Mahendra tolerated my chatter during the time we each visited the workplace of the leader of the opposition since 2012. When the very first indications of the Bond problem becoming an situation became apparent through a Facebook post, I was amongst the very first to defend Arjuna Mahendra – not because I had information of him, but also due to the fact it created no sense – and still does not.

Lets take the events and construct a timeline taking from the Committee report.

01-Feb-15

The Public Debt Department (PDD) of the Central Bank in consultation with other folks estimates the debt requirement for the subsequent month – in this case for month beginning 01 March 2015. No evidence has been presented as to what this amount was

20-Feb-15

DG of Treasury Operations sends a letter to PDD stating the borrowing requirement to be Rs. 13.55 billion. (The report erroneously states this quantity to be Rs Thirteen point five hundred and fifty billion. It must study alternatively Rs. Thirteen billion and five Hundred Fifty Million. The report also states that &#8220in terms of the document referred to the entirety of the funding has to be through treasury bonds.”

23-Feb-15

The monetary board, where the Central Bank governor is also a member decides to situation a 30 year treasury bond to re-profile the debt service profile of the country &#8220as there is good interest shown by foreign investors&#8221. The Board had already decided to do away with the approach of direct placements followed just before the adjust of government and to raise funds by means of direct bond auctions.

The board does not repair the quantity that needs to be raised, as that is a function that is vested with the PDD. Two pertinent comments are in the Board paper (MB/ER/four/2/2015):1.) That the board disagreed with the reduce in policy prices as suggested by the MPC as &#8221 is NOT acceptable at this stage, given the increasing trend of industry interest rates and increasing development of private sector credit&#8221 even though deciding to sustain rates at the current level and that it was of the view &#8220that issuing 30 year treasury bonds would be favourable at this stage to extend the yield curve and re-profile the debt service&#8221, clearly indicating that board considered the policy prices to be the short-term rates and the 30 year bond price as a separate concern altogether that wants to be addressed differently.

PDD publishes the advertisement calling for bids for a 30-year bond for a total of Rs 1 Billion. PDD indicates (not in the advertisement, but in verbal communication with the major dealers that the indicated yield will be around 9.25%, as is the normal practice followed prior to the modify of government

27-Feb-15

The bidding for the Bond of the series quantity LKB03045C013 opens at 1000hrs.

27-Feb-15

The governor of the central bank, accompanied by two deputy governors is present close to the PDD dealing space from 1030hrs till 1056hrs. This data is not in the report but has been gleaned from other reports publicly obtainable and not denied by the Governor or the two deputy governors.

The governor and the two deputy governors leave the region at 1056hrs. By this time, practically 24 bids had come in, which includes two from Perpetual Securities. The largest bids up to this time came from EPF, (Rs. 1,000,000,000 at Yield net of Tax (YNT) of ten.9998% and Seylan Bank (Rs. 1,250,000,000) at YNT of 11.754%. The two bids from Perpetual, at equal amounts of Rs 250,000,000 each have been at an YNT slightly decrease than Seylan at 11.55 and 11.75%. The initial funding requirement of Rs 1 billion had been satisfied by this time.

Immediately following the Governor left the dealing space with his two deputies, within the period of 4 minutes from 1056hrs till 1100hrs when the auction officially closed, Perpetual made four additional bids, 1 at a YNT of 11.997, another at other at 12.24, the third at 12.75 and the fourth at 12.99. All of these bids, for 13 billion rupees were made by Bank of Ceylon on behalf of Perpetual.

Two additional notable bids came in soon after 1056hrs. 1 was the bid created by Bank of Ceylon for Rs. 3 billion at the highest YNT of 12.5009 and one more that came in seconds following the bids closed, but accepted by the Tender board from HSBC bank for Rs. one hundred,000,000 at a YNT of 12.5

27-Feb-15

The treasury Bond Tender committee meets at 12:30 pm (the meeting continued till 13:10pm) and decides to accept Rs. 10,058 million at a weighted typical yield (WAY) of 11.73%. The governor did not participate in this meeting according to the minute paper. Following the tender committee choice, the Public debt Department of the Central Bank released a press release providing particulars of the Auction, offering the coupon price of 12.50%, the quantity accepted and the weighted typical yield.

36 bids have been received of which only 26 bids were accepted and ten rejected. Amongst these ten rejected bids were two bids amounting to Rs 10 billion by Perpetual made by way of Bank of Ceylon at a WAY of 12.9% and curious bid by Sampath bank for Rs. 100,000,000 at a WAY of 18%. Acuity, whose name was described by Perpetual CEO to the committee, saying he also wanted to bid through Acuity but was unable to do so as an Acuity director could not be positioned, also created a failed bid for Rs. one hundred,000,00 at a WAY of 13%.

Here are the bullet points from the timeline

The industry was aware of the government´s borrowing requirement from the 20th of February, the date on which the Finance ministry director basic of Treasury Operations sends a letter to Public Debt division indicating the quantity to be raised as Rs 13 Billion and apparently indicating that the entirety of the funding has to be by way of the treasury bonds.

The industry was conscious that the monetary board decided to problem a 30-year Treasury bond to extend the yield curve and re-profile the debt service as of the 23rd of February.

The marketplace is conscious that the yield curves for the previous four 30 year bond troubles are reasonably related and was issued at related debt service profiles. (See illustration – “Previous 30 year bond problems and yield curves on the concern dates “).

They had been all issued around a WAY of 11.75 with the differential among the brief term prices to the 30 year bond was between 31% to 44%. In comparison, the differential of the 30-year US bond price to the 3 month US T-bill rate on 27th February 2015 was over 130 times. (See illustration – “US yield curve on 27/02/2015”)

A brief explanation of the yield curves may possibly be necessary right here. The yield curves of brief to long term treasury bills and bonds basically reflect the confidence level of investors of the country&#8217s growth prospects and the danger the investors are willing to take in giving their funds for longer periods of time. The danger profile of a 30-year bond is obviously a lot larger than that of a 3 month Treasury bill and consequently investors do demand a larger premium or interest price to give their income for a 30-year period. If a yield curve is flat or is trending downwards – which means the longer-term prices are decrease than the quick rates, that indicates an economy that is entering into a deflationary period and there will be no demand for the longer-term instruments. The current European economic crisis, specially in the economies of Greece and Spain, are excellent examples where the yield curve reversed and there had been no buyers for the lengthy-term instruments.

The end February US yield curve and the healthy appetite shown by investors for US 30 year bonds is one particular of the causes why economists think the US has turned strongly about and is today back in the saddle as the world´s strongest economy.

Any affordable investor, obtaining in hand the data that the government needed a considerable quantity of funds to spend off the debts incurred by the prior regime, that the monetary board intended to extend the yield curve employing the 30 year bond and obtaining access to market place rates of earlier concerns and existing bond prices can make a affordable guess as to where the yield will be. It was not only Perpetual who created this affordable guess – Wealth Trust Securities, HSBC, Pan Asia Banking Corp and Capital Alliance all bid at a weighted typical larger than 11.73% with HSBC, Pan Asia and Capital alliance all coming in at 12.5%, slightly greater than the 12.311% WAY that Perpetual received for their accepted bids. There have been unreasonable assumptions also – for example that curious 18% bid from Sampath Bank. Other folks whose bids failed to make the cut-off point, in addition to the Rs ten billion that Perpetual created unsuccessfully, consists of Acuity, Pan Asia, Industrial Bank and Union Bank, who all bid above 12.five%. (See illustrations “Total bids and weighted Typical Yields” and “Rejected bids”).

There is a vital assumption that I am producing right here – and that is what needs considerably far more scrutiny. I am making the assumption – primarily based on info gleaned from numerous sources – that the market place players have been fully conscious of two pieces of confidential info before the bidding began on the 27th – that is that the government needed far more funds and that the monetary board had expressed a sentiment that the 30 year bond concern will be used to re-profile the debt profile and extend the yield-curve. It is no secret amongst the main dealers and the top financiers of the country of the incestuous relationships amongst the dealer desks of the main dealers and that of the Public Debt department. Jobs are provided to kith and kin of senior central bank workers by primary dealers to propagate these relationships and there has been a totally free-flow of data between dealer desks for decades. Perpetual is 1 of these principal dealers who had access to confidential details since its inception, long prior to Arjuna Mahendran, whose son-in-law created and launched Perpetual Treasuries, became the Governor. A big quantity of the somewhat “controversial” private placements or direct placements that the Pitipana Committee alludes to in the Bond situation report, have been placed via Perpetual by the earlier regime.

As the committee itself observes, the very truth that a confidential internal document, the accepted bids list, ready by Mr L.S. Fernando, employee Number 1888 of the Public Debt Department and verified by Mr M.S.M.P. Fernando, employee quantity 1678 of the identical department, was obtainable on the world wide web not even 24 hours soon after the auction, testifies to the sieve like nature of the PDD. (See illustration “bids acceptance sheet for 27/02 auction”)

As the timeline shows, what is curious is that the massive bids from Perpetual and the other high yield bids came following the Governor and the two deputies left the tender committee area. As the committee observes, there is no digital footprint available either at the PDD or of the senior Central Bank officials. It would however be trivial to get the Governor´s phone records to clarify whether or not or not the governor did make any calls to his son-in-law or any other connected individual after he left the dealing area and prior to the bids came in.

On the other hand, one particular could also question as to why 4 other major dealers, such as the late bid from HSBC, bid at a larger yield following ten:56am. Did all of these get a telephone get in touch with from the Governor? Or was there yet another “communicator” inside the PDD that relayed the details that there nonetheless was a gap in the cash required &#8211 due to the fact even though the PDD decided to accept bids up to Rs ten,058 million, only at 12:15pm, it would not be incorrect to assume that by 10:56am, there was a general agreement on the final numbers, given the Treasury borrowing requirements of the 20th and the Monetary Board choices of the 23rd, the same numbers that the industry had also. Nevertheless, the massively aggressive bidding by Perpetual, made by way of Bank of Ceylon for a total of Rs 13 billion, coming after the crucial time of 10:56am also tells a diverse story. Perpetual created 4 bids on their own, for a total of Rs two billion, for a WAY of much less than 12% before the deluge came by means of Bank of Ceylon. These four bids are on par along with the other bids that had been received by that time. Others such as the EPF and Seylan Bank made equivalent bids (even though EPF bid low, getting their allocation for a WAY of ten.99% &#8211 possibly fund managers at EPF had been not able to make best use of market place data.)

This brings us to yet another critical element of the puzzle. Other than for EPF, and possibly Seylan Bank, none of the other principal dealers would have been bidding for their personal account. Definitely, Perpetual will not have the capital of Rs 15 billion in total to invest in a bond. Main dealers typically locate a client, typically an investment fund or insurance business, and then bids on the client´s behalf. Banks, like Bank of Ceylon, extends margin calls to primary dealers and their consumers. Offered the sovereign status of Central Bank bonds and Treasury bills, such margins are provided at minimum rates and minimum fuss. The Bank of Ceylon dealer is on record on the committee report that he was under the impression the finish client for the Rs 13 billion order from Perpetual was an insurance organization. Perpetual CEO has denied that he disclosed the finish client.

A source from Bank of Ceylon indicated to me that Perpetual had been quick-selling both equities (which is illegal and is not possible under the present CDS guidelines) and debt, which is attainable beneath repurchase or REPO agreements, in the week ahead of the 27th auction. There was a differential between the 30-year bond and the brief-term instruments – but unless one is incredibly aggressive, one would not take the threat of a value miss-match between the short and lengthy-term instruments.

Along with this mismatch of data came the completely contradictory statements by former minister Bandula Gunawardane and the former governor Ajith Nivard Cabraal with regards to the so named losses incurred due to the Bond getting placed at a larger yield. Whilst Mr Gunawardane is on record saying this is as high as Rs million 59,000, Mr Cabraal areas the loss at Rs. Million eight,000.

A detailed calculation made by independent and respected study firm Verite has now proved beyond doubt the veracity of these claims, so significantly so that both Mr Gunawardane and Mr Nivard has stopped mentioning losses. Even the so named “interim draft report of the COPE investigation” refers only to an “opportunity cost” of Rs 526 million, significantly less than one particular per cent of the Rs million 59,000 that former Minister Gunawardane claims to be the loss. (Web page 11, section 17.B).

The Verite study calculation, that has now been analysed and accepted by a number of competent analysts states that Mr Gunawardane and Mr Cabraal just did not know how to calculate a value of a bond. They pointed to 3 main errors:

1. A computational error on the time-worth of cash,
2. An inaccurate stipulation of the base-price and
3. A weak assumption with regard to market place effect and ‘loss’.

According to Verite estimates, the only impact the selection to boost the quantity from Rs million 1,000 to Rs million 10,000 was an enhanced interest burden of Rs. 896 million, over a 30 year period, or an interest burden of less than Rs 29 million each year, approximately the same quantity former President Mahinda Rajapaksa spent per day for the upkeep of his private fiefdom. Other analysts have pointed out that this is not a loss, as this improved interest burden really gets paid back to captive central bank controlled state institutions such as the EPF, ETF and Bank of Ceylon, who were the finish clientele of the principal dealers, ensuring that cash is captured in a loop amongst Central Bank and state institutions.

Each the COPE report and other reports allude to the apparent disregard of the former Central Bank governor to stick to established patterns in placing bonds and treasury bills. The suggestions clearly printed in the PDD manual (COPE report, Web page six, section 5, paragraph four) says that as significantly as feasible, debt should be raised by means of auctions. This is the established practice in all-significant economies in the globe and ensures transparency and industry prices for investors. On the contrary, the former governor decided to adjust the system in favour of direct or private placements to explicitly fix the interest rates as per the observations in the COPE report (page 06, section 05 and page 10, section 14). The COPE report also notes that there is basically no transparency in this method of raising debts. (Ibid. page 10, section 14).

Details now accessible by way of the Central Bank (created obtainable to the COPE committee) tells of the enormity of this very opaque method that reeks of favouritism and achievable corruption. Under this strategy, a handful of favoured primary dealers had been provided the chance of quoting on behalf of the captive institutions. The modus operandi adapted by the pre-09 Jan 2015 Central bank was to auction a pittance of bonds and treasury bills and then make a round of calls to captive institutions to force them to get at 500 basis points or half a per cent reduce than the price fixed by way of the auction. These transactions then had been executed by way of just a couple of favoured dealers. (See Private placements vs. auctions).

In 2014 alone, only 3.two% of Rs million 860,700 or as little as Rs million 27,800 out of the Rs. Million 860,700 was auctioned. The rest, Rs million 832,900 was privately placed.

The 500 basis point “discount” means that ETF, EPF and other captive institutions like the Insurance coverage corporation and Bank of Ceylon gets less for the monies they invest and in turn beneficiaries of those institutions, i.e. ETF and EPF beneficiaries earn less on their deposits.

Central Bank calculates that the loss for the ETF and EPF alone simply because of this controlled interest rate regime was Rs. Million 13,000 in 2013 and Rs. Million 24,000 in 2014.

As the table below shows, every Sri Lankan citizen lost a staggering Rs 2,445 rupees in the course of the previous 4 years in total due to mismanagement and fraud at the Central Bank below the watch of the former governor. EPF and ETF holders alone, the operating population of this nation, lost Rs 2,516 per beneficiary in those four years or Rs 629 per beneficiary every single year. If EPF had invested this Rs. two,516 in the February 27, 30 year bond problem at an interest rate of 12.5%, employing the erroneous approach of calculation used by former minister Bandula Gunawardane, every single member would earn Rs 9,435 in interest alone at the end of that 30 years, with no compounding the interest.

Central Bank losses and frauds from 2011 to end 2014 in Rs. Millions

When one particular speaks with the primary dealer neighborhood in Colombo, one particular gets a sturdy impression that the incestuous relationships that the current opposition alleges against the current governor, Arjuna Mahendran, are not unique, but endemic in the community. For instance, its now established that former governor´s sister served for more than 3 years as a director of the holding firm of Perpetual Treasuries.

Another director of the business, Ranjan Hulugalle is allegedly closely connected with Anura Fernando, a effectively known figure in the monetary circles and a former companion of the former governor Cabraal when Cabraal family held equity in the multi-level advertising scheme connected with Malaysian high profile investor Vijay Eswaran.

Over the years, several allegations have been created against Mr Fernando concerning the proprieties of his bargains, but not much has been proven. Allegedly Mr Fernando was closely linked to the controversial deal in 2012 when the National Savings Bank, beneath the watch of its former chairman Pradeep Kariyawasam, purchased the The Finance Firm (TFC) in what appeared to be a classic pump and dump action. The previous government was forced to cancel and reverse the deal.

Major dealers claim that Perpetual showed an extraordinary growth since its start in 2013. For instance, their dealer license had been granted in just two months ‘time when most had to wait for more than two years. Whilst Perpetual did not show significantly wins in the auctions, dealers allege that they did have a steady flow of income as the lead dealer for ETF and EPF in the primary income markets exactly where most deals (96% in 2014) were done in the opaque and paper-trail-much less direct placement market place.

The government of Mr Ranil Wickremesinghe has promised a by way of investigation in to no matter whether or not Perpetual created use of inside details and if so, as to who are culpable. In a recent interview, Mr Wickremesinghe said that he would be appointing choose committee if his government returns to energy post- august 17 and that he will appoint an opposition member to head that committee.

The Aegean stables that Mr Wickremesinghe inherited on Jan 09th of this year are not just messy, smelly, intricate and hides not 1 but numerous monsters, it demands a herculean effort to clean.

By Ranil Senanayake &#8211

Internationally there is a palpable sense of urgency amongst the climate scientists. Although waiting for our climate scientists to even twitch from their slumber, we should start to take into account what all this signifies to us. There seems to be a actual concern that the sea level will rise substantially. On July 20th, a main study suggested that mean sea levels could rise ten occasions more quickly than previously predicted: ten feet by 2065. Even though the level is up for debate the truth of sea level rise appears to be certain. 1 emerging, disturbing reality is that whilst the IPCC climate [adjust] models predict a gentle, slow adjust, the present expertise is a single so speedy that neither scientists, nor animals can hold up with it.

As our fossil profligate lifestyles, hold pumping carbon dioxide into the atmosphere a large element of it is absorbed by the oceans. As the oceans absorb carbon dioxide from the atmosphere, it&#8217s converted into carbonic acid and the pH of seawater declines. In contrast to a prediction of massive sea-level rise just decades away, the warming and acidifying oceans represent yet another issue that seems to have kick-began an oceanic mass extinction on the identical time scale. Acidification has a direct impact on mollusks and other marine animals with difficult outer bodies: A striking study final year showed that, along the West Coast of the US, the shells of tiny snails are already dissolving, with as-however-unknown consequences on the ecosystem.

The combination of excessive nutrients from agricultural runoff, abnormal wind patterns and the warming oceans is already making seasonal dead zones in coastal regions when algae blooms suck up most of the obtainable oxygen. The appearance of low-oxygen regions has doubled in frequency every single 10 years considering that 1960 and must continue to develop over the coming decades at an even greater rate.

In the face of all these global difficulties, Sri Lanka stands exposed as the worst polluter of the Indian Ocean. The new maps on human impact on the world’s oceans are now on the internet.The maps depict a enormous halo of pollution that rings our island. If the pattern is studied carefully it will be seen that the harm to the ocean extends effectively beyond the region exactly where land primarily based pollution would be anticipated to impact. Additional, to the east of the halo of pollution a inform tale line of pollution extends in a straight line following the shipping channel. It seems that the shipping is indeed causing a serious effect on our waters. The huge load of agrochemicals, industrial chemical substances and silt from land erosion, that has currently brought ill wellness and misery to out farming population, makes our instant oceanic atmosphere hugely polluted. When the worldwide affects of climate alter and ocean acidification are added the future looks bleak.

The volume of shipping along this route is expected to increase drastically in the near future. As we do not have any handle more than this phenomenon and as shipping uses the most dirty polluting fossil fuels, we can count on the ocean pollution around Sri Lanka to increase substantially in the near future. Nothing at all has been done to manage ship-based pollution or insure that a tanker accident will not cripple our economy, by the galaxy of agencies concerned. There is poor possibility for pursuing accountability if ships have no insurance against such eventualities. A robust danger evaluation and subsequent risk insurance coverage need to be implemented at a minimum an successful monitoring program will then grow to be practical.

The prognosis is dismal Sri Lanka not only contributes to the pollution of the ocean about it, but also has embarked on an insane drive to establish coal fired energy plants to supply the national energy require. Not only do we defecate on or personal doorstep but we also let other folks also invite other individuals to do the identical. We let foreign vessels use and pollute our waters with no worry of prosecution.

It has been pointed out that climate modify has a simple resolution: End fossil-fuel use as rapidly as achievable. If tomorrow, the leaders of the United States and China would agree to a sufficiently robust, coordinated carbon tax that&#8217s also applied to imports, the rest of the planet would have no decision but to sign up.

In an astounding recent announcement White Residence administration stated that it sees no long-range future for fossil fuel, the state division climate adjust envoy, Todd Stern, said the world would have no selection but to forgo building reserves of oil, coal and gas. With this statement, the US administration has acknowledged that the era of profligate use of fossil fuels is more than.

But in Sri Lanka the so-referred to as ‘decision makers’ are nonetheless running with the thesis that bigger is far better, so megapolises, giant unwanted bridges and coal fired power plants are brought in to show that the new lot can be grander than, the useless airport, harbor, sports stadium driven old lot. Not a peep from our scientists, on the climate or on our irresponsibility of linking ‘development’ with the consumption of fossil fuels. Not a peep from the administrators who travel the globe attending conferences that shows the folly of reliance on fossil fuels. Have all of them gone the way of the politicians? They should have the capacity to educate the public on the value that we have to spend. But why is there such a silence in questioning the present ‘development’ procedure that gets this nation addicted to fossil fuels, which tends to make us contribute much more fossil carbon to the atmosphere, accelerates climate modify and leaves us fully at the mercy of the fossil market place? Not to mention the dubious title of the ’worst polluter of the Indian Ocean’.

By Nimesh Samarasinghe &#8211

I had the privilege of spending two weeks in Sri Lanka on holiday in the course of July. Contemplating that a parliamentary election is looming, I took every single opportunity to speak to ordinary men and women from different backgrounds both in and outdoors Colombo, so as to recognize the realities of regional politics at ground level. As ‘very good governance’ had been a buzz word during the current presidential election, I was especially interested in understanding the correlation of this term with the election of sincere candidates, as opposed to corrupt ones. Although some folks had been in a position to make clear distinctions amongst excellent governance and corruption, other individuals saw a fine line between the two.

The war against ‘corruption’ and the fight for &#8216good governance’ have been mantras of the UNP-led opposition coalition that supported the election of the presidential candidate Maithripala Sirisena on 8th January 2015. It was a successful campaign that denied Mahinda Rajapaksa a third term in executive office. Maithripala Sirisena’s election campaign had highlighted the alleged corruption, lawlessness and nepotism levelled against the Rajapaksa administration, and it’s resultant failure to provide the benefits of brisk economic growth to the majority of voters.

This parliamentary election campaign is now at its peak, and the usual ‘politicking’ by parties and candidates concerned will quickly come to a closure. Appreciating that circumstances are diverse when it comes to voter behavior throughout presidential and common elections, the focus of this write-up will be on voter behavior when electing honest or corrupt political parties and their candidates at the upcoming parliamentary election. My views are grounded in political, policy and social science investigation performed in numerous components of the globe and of course some of my views on voter turnout, and the most likely outcome of the forthcoming general election.

Information on corrupt politicians

There is excellent proof indicating that a true or perceived lack of data by voters may possibly reward corrupt politicians due to the inability to distinguish in between clean and corrupt politicians. This association seems to stem each from very informed voters’ higher understanding and far better understanding of incumbents’ involvement in corruption. Throughout the not too long ago concluded Sri Lankan presidential election, social media played an outstanding role in electing the existing president. Social media informed voters about alleged corruption and nepotism inside the Rajapaksa regime and emphasised the need for very good governance and a adjust in the administration. Contemplating that Sri Lanka is moving towards a digital age at a quick pace, it was a sensible move for the UNP-led coalition to use far more of social media throughout their presidential election campaign, moving away from election posters and cutouts. It was an election exactly where the energy of social media was clearly demonstrated as a campaign tool in bringing down a government for the very first time in Sri Lanka. It is not surprising that majority of those standing for parliamentary elections are attempting to utilise social media to its full possible in their fight for the preferential vote and to expose corrupt parties and candidates. Nevertheless, in terms of informing the public about candidates’ wrongdoings, there exist limitations in terms of its reach to the villages in Sri Lanka. We see the standard strategies of communication and community participatory approaches at play to make sure reach of these messages to the grassroots. A single could argue that today’s average voter in Sri Lanka is far better informed about corrupt politicians and the parties they represent than ever ahead of. Even so, is details alone on corruption adequate for the voter to make a decision on picking a candidate or a party?

Goodies in exchange for votes

The subsequent contention or the question that I would like to talk about is whether or not voters are ready to elect corrupt politicians, even when they are informed about their incorrect doings?

Study carried out in some Latin American nations suggests that voters may elect corrupt candidates despite becoming advised of their wrongdoings. Although the majority of voters would favor to hold politicians accountable for corruption, they do not often engage in preventing this misbehaviour, especially when politicians are able to reward their voters with public goods, patronage jobs and material benefits that other political parties or candidates do not, or can not assure. We have witnessed the offer of material goods in exchange for votes in Sri Lanka over the last handful of decades and this seems to be widespread in creating democracies.

Each the UNF and the UPFA are promising economic improvement, good governance and the prevention of corruption in their manifestos. The UPFA is offering the public immense rewards, some of which are unrealistic. For instance, the UPFA has gone on record by promising a minimum salary of Rs 25,000 for public sector workers and a Rs 200,000 ‘marriage bonanza’ for couples ending up in matrimony. I will let the reader choose if they are realistic when contemplating the UPFA’s track record on public spending. Interestingly, some people whom I spoke to in the course of my travels in Sri Lanka stated that they had happily accepted material goods from the Rajapakse strongmen during the final presidential campaign, but had voted for the opposition candidate. According to the literature on redistributive politics, politicians could advantage from targeting non-aligned or these not devoted to a celebration when supplying ‘goods’ to people and groups in exchange for votes.
In terms of the forthcoming parliamentary election, the evaluation of the final outcome will inform us if voters have rewarded corrupt politicians in exchange for goodies received. Voting for a corrupt celebration or a candidate is not restricted to accessing info on corruption and the delivery of public goods in exchange for votes.

Corruption and ideology

Ideology is one more critical issue that can strongly predict voting for a corrupt candidate. I am referring to voters in search of to best match their individual ideological preferences with a political celebration and candidate contesting the election. I am confident that most of us can uncover at least 1 pal or a relative who is a die-hard or staunch UNP, SLFP or JVP supporter in spite of knowledge of corruption. According to study, ideological self-identification is one of the strongest and most consistent predictors of electing your preferred candidate or party. Even so, what are the consequences when the ideologically preferred celebration or candidate is corrupt?

There arises a circumstance where voters are confronted with a moral dilemma when they have to decide on amongst honesty and ideology. Some study suggests that, in the context of possessing much less decision for the voter on credible political parties, voters might assistance corrupt parties and their candidates when they mirror their ideological political preferences. Furthermore, some voters might have robust loyalties to particular politicians or parties such that their vision is clouded and permits a type of ‘cognitive dissonance’ to arise- a psychological theory whereby conflicting attitudes, beliefs or behaviours are held.

‘Nationalism’, as a political ideology cannot be ignored when analyzing voter behavior at the next election. Some writers argue that the former president’s government was the initial to totally embrace Buddhist nationalist ideology. It&#8217s appeal was to southern voters, as he was regarded as the leader who won the separatist war. In parallel, the creation of a worry- psychosis more than any revival of the LTTE, exactly where the country may possibly be at danger again of separatism is propagated by the UPFA campaign in a manner that corruption could be ignored in the interest of the nation and nationalism. Though, this is supposed to impress, a section of Sinhala Buddhist voters ignored this notion and voted against Mahinda Rajapaksa at the final election.

Tolerating a corrupt party, rather than voting for an option celebration whose ideology is contrary to their personal, would be difficult to the voter on 17th August. Conversely, the JVP has emerged as a strong third force despite the unfavorable image suffered due to its association with violent activism in the early 1970s and late 1980s. The JVP is equally supportive of very good governance, exposing and informing the public about corrupt politicians and their wrongdoings at an unprecedented scale. With the inclusion of JVP as a third force and a reasonable party alternative, we are yet to see if ‘ideology’ will play a more or less considerable part in electing corrupt candidates at the subsequent election.

Voter turnout

Yet another area that needs exploration is voter preparedness to either switch parties or remain at home in the face of their ideologically preferred party becoming involved in a corruption scandal.
Perceptions and experiences of corruption erode voter confidence in public institutions and the political program. If voters perceive data about corruption as damaging advertising, then such data has the prospective to weaken voters’ self-confidence in their potential to influence very good governance. This might lead voters to think that voting will not advantage them and there is a strong possibility that voter turnout will lower and erode partisan attachments.

The recent political circus exactly where members of parliament switched from one particular party to an additional cannot be forgotten when analyzing ideological preferences and voter turnout. Prominent politicians such as Dr. Rajitha Senaratne, Patali Champika Ranawaka, Ven. Athuraliya Rathana, M.K.D.S Gunarawdena, Arjuna Ranatunga and numerous other ex-members of parliament and Pradeshiya Sabha members crossed over from the UPFA to the UNF. Some of them had been staunch supporters of nationalism in Rajapaksa’s previous government. It was their prerogative to dissociate themselves from the alleged corrupt politicians who received nominations to contest the election from the UPFA. Even Chandrika Bandaranaike Kumaratunga, the previous President and chairman of the SLFP appears to be supporting the UNF campaign. According to her, the forthcoming election is not about party politics, it is merely a matter of deciding on excellent or negative politicians.

With a frequent quantity of political cross overs, specially by a voter’s preferred candidate, there would seem to be a sheer amount of confusion and disillusion for the voter to deal with. Earlier work suggests that perceptions and experiences of corruption undermines voters’ confidence in public institutions, erodes the legitimacy of the political method, reduces trust in politicians and lower voters’ confidence in their government’s ability. This may possibly either send a robust signal by ‘abstention’ at the election or improve the so-called floating vote base.

In conclusion, corrupt politicians and parties will lose support at the next parliamentary election. Despite the fact that this can be less than a single would anticipate and a lot more frequently than not with only limited consequences for remaining in office for some alleged corrupt politicians. The UPFA is contesting this election without unlimited state sources (such as state media and the capability to mobilise state institutions) to counteract adverse campaigning against it. The prime minister, Ranil Wickremasinghe’s reputation is at an all-time high and although it could be premature to state, the UNP appears to have united given that the January polls. There is disharmony among UPFA strongmen as they try to dissociate between clean and corrupt candidates within their personal celebration. President Maithripala Sirisena also seems to covertly help the UNF.

With the announcement of election benefits on 18th August, the UNF is probably to win a lot more seats in parliament than the UPFA. We are also likely to see some alleged corrupt politicians being rejected by the public and other folks elected into parliament with significantly less preferential votes than the preceding 2010 election. The JVP will also ring alarm bells, emerging as the third force.

Ultimately, it is well recognized that corruption is linked with significantly less economic development, higher inequality, poor outcomes in the areas of overall health and environment, mistrust and a discontented population. Use your franchise wisely when electing your representatives to the 15th parliament of Sri Lanka.

*Nimesh Samarasinghe [PhDc (London), MSc (London), BSc (Hons) (London), DipHE (London)] has over 15 years of knowledge functioning in the British National Overall health Service in clinical, managerial and commissioning roles. He is at the moment operating as a Consultant, assisting the State of Qatar to reform their overall health solutions. The author also has comprehensive encounter in wellness and social care and public policy-generating research.

The Criminal Investigations Department (CID) has seized a car belonging to a non-governmental organization involved in the alleged abduction of the slain national rugby player Wasim Thajudeen, according to Police sources.

This NGO is stated to have handed over this car to one more NGO run by Shiranthi Rajapaksa. At the time of Thajudeen’s death the mentioned car had been in the possession of the NGO run by her.

Meanwhile adding a new twist to the Thajudeen killing, Cabinet Spokesperson Dr. Rajitha Senaratne on Thursday mentioned that three officials attached to the Presidential Safety Division (PSD) were
allegedly involved in the murder of Thajudeen. The courts on Thursday granted permission to exhume Thajudeen’s physique. The exhumation will take location on August 10.

Meanwhile the son of former President Mahinda Rajapaksa and former UPFA Hambantota District MP Namal Rajapaksa has denied allegations that his family was involved in the murder of Thajudeen. He had told media that Thajudeen was a family members pal even though adding that some components were attempting to politicize Thajudeen’s death.

Thajudeen had died on May possibly 17, 2012 inside his automobile which had apparently crashed into a wall close to Shalika grounds in Narahenpita. The Police at the time mentioned that the vehicle had exploded instantly. Later the charred body of the rugby player was identified inside the automobile. The CID had recently informed courts that they had been in a position to ascertain through a fresh investigation that Thajudeen’s death was not accidental but murder.

Meanwhile issuing a statement the Asian Human Rights Commission mentioned &#8220one of the principal aims of political alter in the nation, therefore, has to be the restoration of its criminal justice apparatus – to the point that the relevant operators in these institutions will dare to execute their duty with no worry of consequences and irrespective of what ever class, caste, ethnicity, and other considerations.&#8221

We publish below the statement in complete

Exhumation of Wasim Thajudeen’s physique may possibly open an crucial page in criminal investigations

Subsequent Monday, 10 August 2015, the body of the effectively-identified rugby player and Havelock’s Captain, Wasim Thajudeen, will be exhumed on the orders of the Colombo Additional Magistrate. The Magistrate created this order on the basis of an application by the Criminal Investigations Division, which submitted reports stating that newly offered evidence suggests that Thajudeen’s death was caused by murder. Three Judicial Healthcare Officers will conduct the examination of the exhumed physique of Wasim Thajudeen.

The Asian Human Rights Commission (AHRC) understands that substantial investigations have been conducted into this case. The investigations have revealed comprehensive information about the manner in which this alleged murder has taken place, like details about the abduction the injuries caused to Thajudeen, which led to his death the manner in which a fabricated crime scene was constructed, to develop the impression of death by accident as nicely as information of the persons involved in the murder, such as the masterminds.

The initiative taken by the Criminal Investigation Division to reinvestigate the alleged murder marks a new starting in Sri Lanka, exactly where, for several years, investigation into allegations of critical crimes including murder, enforced disappearances, abductions, and the like, have been hushed up, particularly when there is suspicion of politicians or their relatives becoming involved in such crimes.

There are lengthy lists of such cover-ups prominent circumstances consist of the daylight assassination of Lasantha Wickrematunge, the abduction and disappearance of Prageeth Ekneligoda, the assassination of former Tamil National Alliance Member of Parliament, Nadarajah Raviraj.

The AHRC also learned that some essential breakthroughs have also been made into the abductions and the disappearance of Prageeth Eknaligoda and with regards to the assassination of former TNA MP Raviraj.

For over two decades, the Asian Human Rights Commission, with each other with several other organisations, has warned that the administration of criminal justice has been seriously paralysed in Sri Lanka due to political factors. The AHRC has also regularly warned that the political scheme unleashed by the 1978 Constitution and the paralysis of the criminal justice administration is linked. Moreover, the AHRC has regularly communicated that the the paralysis of the criminal justice program will necessarily result in a breakdown of the legal program as a entire, which will, in turn, result in a serious societal crisis.

The initiative to exhume the physique of Wasim Thajudeen, as properly as developments in numerous circumstances brought to the courts by the Economic Crime Investigation Division of Sri Lanka Police, points to the administration of criminal justice in Sri Lanka heading in a constructive path. It is to be hoped that this trend will gather strength and that investigations into each and every crime will grow to be the standard practice, as it need to be in any nation possessing the capacity to enforce the rule of law. Consequently, the AHRC cautiously, but at the same time hopefully, welcomes these initiatives and urges the whole society to assistance such initiatives.

What is often lost in discussions relating to the upcoming election is the fact that criminal investigations are matters that go beyond the interest of any specific election. In truth, the whole problem goes to the extremely core of the meaning of statehood. No state can survive if the state abandons its principal duty to safeguard its citizens from crimes. The capacity and the will to investigate crimes is a way by which the state manifests its capacity and the will to safeguard its own people.

Therefore, these criminal investigations should be looked upon not as matters of sectarian interest for or against any specific political celebration but as a matter of far greater value than the outcome of an election. Whoever may possibly win or lose an election is a matter of people’s decision, but that every government ought to defend the people by way of a viable and a genuinely functioning criminal justice technique is matter of permanent interest.

January 8, 2015, has generally been viewed as a day that created the possibility of a shift away from the type of politics envisaged through the executive presidential system created by the 1978 Constitution. Within that scheme, a government was allowed to function outside the limits of legality and, in reality, the extremely idea of the legal boundaries to power was altogether abandoned.

January eight could, however, mark only the starting of the possibility of a alter of that catastrophic scheme. The realisation of this possibility is quite an additional matter. What the citizens have a proper to hope for is that the daring initiatives getting undertaken by the Criminal Investigation Division are an indication that such an actualisation is within people’s attain.

The criminal investigators who dare to take actions to uncover crimes that have been safely buried are taking huge dangers. In such moments of transition and risk, exactly where entrenched habits of inaction are getting broken, it is the duty of the citizenry to stand up to supply the moral assistance that duty conscious criminal investigators require. Below regular situations of a functioning democracy, a criminal investigation is a matter of routine. Nevertheless, exactly where such routine has been forgotten, the creating of a new starting is a tough process. Consequently, those who are taking the initial steps in that path should get the encouragement and help of the citizenry as a entire, irrespective of whatever political opinions distinct sections of the society might hold.

Instances when politicians can mockingly ask, “We are accused of crimes, but exactly where is the proof?” are chilling occasions. When a criminal can say “prove if you can” and the relevant institutions fail to do so, the society faces a single of the most frustrating moments in its collective psyche. When people grow to be psychologically discouraged and lose their will to pursue justice for the crimes they have suffered, such a society reaches its lowest depths. And, such is the scenario of the Sri Lankan society.

One of the principal aims of political adjust in the nation, for that reason, has to be the restoration of its criminal justice apparatus – to the point that the relevant operators in these institutions will dare to execute their duty with out fear of consequences and irrespective of what ever class, caste, ethnicity, and other considerations.

By Ayathuray Rajasingam &#8211

The issue at the coming General Election is whether or not Good Governance will be given priority. Promising of a new constitution to demonstrate excellent governance would be meaningless, as any new constitutions will have to abide by the Indo-Sri Lanka Peace Accord, unless it is abrogated by both India and Sri Lanka. The goal of the Indo-Sri Lanka Peace Accord is to promote Provincial Participatory role to encourage very good governance and discourage the call for secession.

In a Federal method, each and every level of government has its own direct connection with the citizens. Although the power is dispersed, it is the coordination amongst the Central Government and the Provincial governments that germinates great governance. This symbolizes the protection of pluralism as effectively as the rights of the individual against an more than-powerful government. Very good governance marks the beginning of righteousness.

Federalism also protects regional interests to some extent. The advantage of Federalism is that Provinces have their capability to handle and administer the geographical places. This is been misunderstood by the JVP and other politicians that it would lead to separation and be a threat to National Safety. If they realize that creating very good decisions overtime across a spectrum of economic, social and other locations and working out power for the benefit of the people and the nation (which is excellent governance), they can’t give valid causes that Federalism would be a threat to National Security. If one particular thinks the Provincial participatory part in a constructive manner, he will comprehend that Federalism denotes solidarity. Each Provincial participatory part and good governance are interwoven. The conflict of East-West ideologies prevailing among the politicians ought to not be an obstacle. What is necessary is a reform in the political transformation that need to address towards democratization and pluralism in the nature of promoting Provincial participatory function.

If they keep away from the issue of the Provincial participatory function, it signals that they intend to mislead the public in order to conceal their corruption. This is what occurred till to date. Provincial participatory role also can give birth to the granting advantages such as pensions to non-government servants. The presence of Provincial governments administering local issues make Nations significantly easier to manage. In this context, all Provincial governments meet routinely and communicate with one particular one more through formal and/or informal means, i.e. through the departments of inter-governmental affairs, for which there can be a Minister in the Cabinet. This is 1 way of establishing a confident developing measures. In this context, the appreciating factor of Federalism is the recognition of different kinds of political problems with the creation of normal Departments of inter-governmental affairs, which could be carried out by a Cabinet Minister. But in Sri Lanka, the Central government areas restrictions in order to conceal the corruption of the Ministers and their supporters, thus sending a message of excellent governance in crisis.

Provincial participation has the qualities of bringing even the rivals of strengthening the unity of the nation for which excellent governance is a need to. Transparency is a key element of good governance. Accountability and the rule of law calls for openness and good info which permits the administrative sector to confirm functionality and compliance to law. But this element of transparency has turn out to be a query mark throughout Mahinda Rajapaksa’s regime.

Since independence, Sri Lanka was unable to rectify soon after getting opinions and views from all segments of the society without having discrimination. Even after the Indo-Sri Lanka Peace Accord, Sri Lanka was observed unaccountable to all segments of society on account of the clumsy handling of the corrupted politicians. On the contrary, the North East Provinces have been demerged posing a question mark on great governance. For the duration of the regime of Mahinda Rajapaksa poor governance manifested the inability to preserve law and order to handle the sporadic eruptions of political instability and violence. As a result it had knowledgeable suspicion from specific segments of the society and triggered a negative influence on the economic development.

If Provincial participatory role is to be offered priority for strengthening the democracy, there is no require to have a mega Cabinet. It is enough to have not much more than 20 Ministers in the Cabinet, when some segment of the society are engaged in illegal activities. The current deaths of Muslims in Syria raises an issue whether or not Islamic terrorism had encroached within the Sri Lankan communities. It cannot be forgotten that a Deputy Registrar of Persons was engaged in issuing National Identity Cards some years back as nicely as the praising of Bin Laden following their Friday prayers by the Islamic communities when the Twin Tower was attacked. As there are reported news items about the families of the deceased which left either for Pakistan or Iraq, the situation is whether the relevant authorities and some politicians are conscious of it. This is only a beginning of vulnerable youngsters becoming at threat of Islamic radicalization and ultimately drawn in to terrorism. Terrorism begins with the procedure of radicalization. A single ponders about the great governance if such politicians are given locations in the cabinet.

As the financial development was retarded by the corrupt politicians throughout Mahinda Rajapaksa’s regime, it is crucial is to uncover out the remedy to enhance the economic conditions. As such, it is important to concentrate not on the troubles, but on the possibilities which would develop a lot more possibilities to strengthen Sri Lanka. It is not late for the politicians to reconsider on Federalism which respects the locations of Provincial jurisdiction and sends the signal for the establishment of a formal mechanism for Provincial output into the development of a country. Federalism invites the Provinces to take component in international negotiations. If Ranil Wickremesinghe and Maithiripala Sirisena can take a bold step for the establishment of a formal mechanism for Provincial output, Sri Lanka require not be concerned about sending labourers to Middle-East nations and face tragedies like in the case of Rizana. Briefly Federalism is about collaboration with Provincial Governments. Such Federalism will not only strengthen the very good governance but also nullify the call for secessionist movements. It is time for Ranil Wickremesinghe to act as a Statesman and shed all variations and stretch a friendly arm towards C. V. Wigneswaran in the very best interests of the nation. Even some of the Tamil politicians in the TNA and UNP like Vijayakala Maheswaran need to don’t forget that the Parliament is a holy spot and not to deviate towards cheap politics as they are not well versed in Provincial Participatory part.

Had due importance been provided to the Provincial Governments, it would be clear that transparent decisions-generating is a important element or necessity for exploitation of Provincial organic sources in compliance with the laws of the nation. Transparent decisions make aid the public to confirm performance and encourage private sector for investments which will be helpful for the country. Transparent decisions-producing will deny room for incidents such as an assault on a Tamil engineer who exercised his duty in compliance with engineering common and the throwing of stones at the Magistrates Court in Mannar by supporters of former Minister Rishard Badurdeen are cases in point.

Canada, USA, India, Switzerland and some other Federal countries have sent the message that the concern of good governance can only be recognized in a federal structure, which guarantees the high quality life of the citizens. Political leaders in Sri Lanka which practises pluralism, have to recognize that it is in Federalism, excellent governance plays a pivotal role as a determinant element of the sustainability and strength of democracies. Each Ranil Wickremesinghe and C.V. Wigneswaran have a formidable activity of reminding the Sri Lankans that the grant of needed powers and allocation of adequate funds to the Provinces for exploiting the organic sources have become a need to, given that Provinces are accountable for their decisions and performances, which would eventually pave way for strengthening of the unity of the nation. If powers are given to the Provincial governments they can play a participatory role which once again would involve consultation in the development of policies and choices-producing in the ideal interests of the country. It is this element of Provincial participatory role that encourages both the Central government and the Provincial governments to know about the needs and priorities of the men and women of the respective Provinces and lead to excellent governance.

The technique of Checks and Balances can be demonstrated via Provincial participatory role. The distinct levels of Provincial governments and the Central Government can act as a verify on a single yet another in the exercise of political authority which is a need to in Sri Lanka. This would enable a Federal structure with a far more diverse and steady atmosphere for investment and economic improvement which would offer a new protection of the rights of the individual. Certified members of the TNA and UNP can go over on this subject and could arrive at a meaningful conclusion for the benefit of the nation, as an alternative giving promises of special programmes for financial improvement for North and East. This would mark the beginning of great governance.

Each the Sinhalese and Tamil speaking communities ought to stay away from themselves in falling prey to emotional speeches of narrow-minded politicians whose main aim is to be in power and lead a luxurious life. As Federalism leads to a greater tomorrow in a multi-racial nation, the situation before the Sri Lankans is regardless of whether good governance as promoted via Federalism would resolve the conflict by means of peaceful means, while it is history that Unitary in Sri Lanka resolved issues by means of coercion of war symbolizing corruption.

By Ameer Ali &#8211

The creation of the SLMC as a political celebration primarily based solely on religion was a historic blunder, which if not rectified quickly, will drag the Muslim community into political abyss. The foundational philosophers of SLMC were deluded by a misguided vision about the Indian Muslim League model. The tragic consequences that Muslims of India had to face and are still facing as a outcome of this ethno-religious model somehow or other missed the consideration of the SLMC founders. A crucial study of the birth and development of SLMC is a tempting field for research.

In Sri Lanka, the demographic, linguistic and financial traits that had shaped Muslim settlements, and the fact that in the 1980s when the concept of a Muslim celebration was conceptualised ethno-nationalism was currently ripping the country apart, have been assumed to be irrelevant as long as Muslims could unite beneath a religious banner and fight for their so called ‘rights’. Up to now no one particular from the SLMC has enlightened the public what these exclusive rights are. The slogan “Allahu Akbar” and nothing at all about national unity or nation’s welfare decorated SLMC rallies and Muslim voters had been hallucinated with Marx’s opiate so that they could neglect their mundane difficulties and elect megalomaniac leaders, who had absolutely nothing but self-interest in their heart to market.

What the ethno-religious politics of SLMC has achieved so far had been, firstly, to devalue the ‘politics of pragmatism’ which the pre-SLMC Muslim generation so effectively institutionalised by joining one particular or the other of the then current national parties secondly, to worsen the already deteriorating ethnic tensions in the nation and making the Muslim community (like the Tamils under the LTTE) to shed even the tiny it had gained in the earlier era thirdly, to reward incompetency, corruption and dishonesty at the expense of talent, truthfulness and dedication and lastly, to damage immeasurably the positive image that the Muslim neighborhood had cultivated more than a millennium especially amongst the majority Buddhist Sinhalese. Will the SLMC offer a record of their achievements that benefited the neighborhood, let alone the nation? Have the leaders of this party created any contribution on behalf the Muslim community to the national debate on the country’s economy, safety and improvement? All that they have completed is to bargain with their coalition partners for ministerial positions and private wealth.

The problems confronting the community are as well a lot of to enumerate. For example, there is a landless Muslim peasantry in the East whose lands have been taken away by government administrators beneath false pretensions there are impoverished villages in the Central Highlands whose little economy has suffered irreparably beneath neo-liberal economic policies there are refugees in the North and North West who are the innocent victims of a reckless civil war and who need resettlement and, there are the unemployment and homeless Muslims in the cities, who out of desperation are falling victims to predatory anti-social elements. A quantity of these problems are no doubt widespread to all communities and they have to be tackled not on a communal but national basis. That demands a leadership that can rise above petty ethno-nationalism and win recognition by all communities. Which a single of the SLMC leaders has this quality and the capacity to address the nation at huge and win the support of the majority to seek solution to Muslim issues?

In a plural democracy it is by way of the national parties and not via sectarianism that minorities can locate salvation. What ever that the Muslims have accomplished so far are the outcome of a farsighted generation of Muslim leadership that realised the futility of ethno-nationalism, joined hands with national leaders and persuaded the majority community that Muslims are constructive contributors to national wealth and they required national help. The pre-SLMC history of Sri Lanka will vouch for this reality. It was the achievement of that politics which partly prompted the late President Jayawardena to alter the constitution of the nation from the Westminster model to the current hybrid Gaullist model. The creation of the SLMC was the incorrect move to counter JR’s master stroke.

It is time the Muslim community realises the heavy price tag it has currently paid for placing their trust on SLMC. Once just before I known as for the dissolution of SLMC, but that will not occur as extended as its leaders see the private rewards they could reap from of its existence. The Muslim voters at the next election however, can reject that celebration and its offshoots wholesale and revert to politics of pragmatism. A Sinhalese or Tamil politician elected to the legislature with huge Muslim assistance will be a lot more responsive to Muslim demands than one particular from the SLMC mafia or its offshoot. The community deserves a far better leadership.