Connect with us

News

SC dismisses another FR petition against DDR

Published

on

The Supreme Court today dismissed another Fundamental Rights petition that was filed against the inclusion of the EPF and ETF in the scope of domestic debt restructuring.

The Supreme Court three-judge-bench comprising Justices Vijith Malalgoda, Janak de Silva and Gamini Amarasekara, refused to grant leave to proceed with the petition after hearing all parties for two days.

M.A. Sumanthiran PC, who appeared for the petitioner told court that the invitation to extend the time period of the Bonds (loans) acquired by the State from superannuation funds (EPF and ETF) violates the Fundamental Rights of the members of the Funds as it is unequal, unreasonable and arbitrary and against the Constitution.

The petitioner had named the EPF, ETF, Monetary Board and Public Debt Department of the Central Bank of Sri Lanka as respondents in this application.

Counsel appearing for the respondents submitted to court that the court has no jurisdiction to hear the matter according to the Constitution.

Senior Counsel Eraj de Silva, representing the ETF, argued that in accordance with Articles 4 and 148 of the Constitution, Parliament wields complete control over the nation’s public finances. Hence, the judiciary should not intervene in decisions sanctioned by Parliament.

De Silva also highlighted to court that the Domestic Debt Restructuring regarding the EPF and ETF is ultimately designed to safeguard the funds of the people. If the State were to default on repaying the Bonds, it would result in turmoil, leaving nothing for the Fund’s members. He emphasized that the evaluation should not solely consider the current circumstances, but rather the potential outcomes in the event of default or increased money printing leading to inflation.

De Silva further brought to the court’s attention that the petitioner failed to disclose his affiliation with the NPP (National People’s Power) and his previous candidacy in an election on behalf of the NPP. He argued that the NPP’s stance against the Domestic Debt Restructuring process was pertinent information that the petitioner should have divulged.

“It is evident that the petitioner’s affiliated party aims solely to derail the debt restructuring process without providing a viable alternative,” De Silva remarked.

Eraj de Silva, with N.K. Ashokbharan, Daminda Wijeratne, Janagan Sundramoorthi, Shehan Chamika Silva, Zul Luthufi, and Naveed Ahamed, instructed by Dinesh Vidanapathirana, appeared on behalf of the ETF.

(dailymirror.lk)

News

Names of Mayors and Chairpersons of several LG bodies gazetted

Published

on

By

A gazette extraordinary has been issued containing the names of Mayors, Deputy Mayors, Chairpersons, and Vice-Chairpersons of several local government institutions.

The names have been gazetted based on recommendations sent to the National Election by political parties and independents groups that secured a majority in local government bodies at the recently concluded Local Government (LG) election.    

Accordingly, the Election Commission has taken steps to publish the names from among the political parties and independent groups that secured a majority at the Local Government election held recently.

The names of the elected and nominated members for the respective local authorities, following the Local Government election were also published in the government gazette based on the respective administrative districts.

As per the gazette notification issued by the Minister of Public Administration, Provincial Councils, and Local Government on February 17, 2025, the term of office of local government bodies is scheduled to commence on June 2, 2025

පළාත් පාලන ආයතනවල සභාපතිවරුන්ගේ නම් ඇතුළත් ගැසට් පත්‍රය නිකුත් කෙරේ by poornima

Continue Reading

News

Weather Alert: Showers to ease in Southwest, strong winds forecast in North

Published

on

By

Prevailing showery condition in the southwestern part of the island is expected to reduced gradually from today (01st)

Showers or thundershowers will occur at times in Western, Sabaragamuwa, Central and North-western provinces and in Galle and Matara districts.

Showers or thundershowers may occur at a few places in Uva province and in Ampara and Batticaloa districts during the afternoon or night.

Fairly strong winds of about (30-40) kmph can be expected at times over Western slopes of the central hills and in Northern, North-central and North-western provinces and in Hambantota and Trincomalee districts.

The general public is kindly requested to take adequate precautions to minimize damages caused by temporary localized strong winds and lightning during thundershowers.

Continue Reading

News

Aluthgamage and Fernando assigned printing work in prison

Published

on

By

Former Minister Mahindananda Aluthgamage and former Sathosa Chairman Nalin Fernando, sentenced this week to jail for 20 and 25 years, respectively, have been assigned duties in the printing section at the Welikada prison, sources said.

Both of them are being held together away from the main section of the prison’s ‘chapel’ section, where prisoners serving life sentences and those convicted of murder and rape are held. The prison’s printing section prints its own documentation.

Prison sources said that in placing them in relevant wards to serve their jail term, the authorities had taken into consideration the security of the two convicts, as they might have had political enemies.

Mr Aluthgamage was handed a 20-year term of rigorous imprisonment, while Mr Fernando was given a 25-year term of rigorous imprisonment by a High Court trial-at-bar after being found guilty of causing a Rs 53 million loss to the state.

They were accused of importing carrom boards and checkers boards through Sathosa during the 2015 presidential elections and distributing them to clubs.

Their lawyers said yesterday they were awaiting the certified copy of the judgement to prepare the appeal papers. The appeal will be considered by the Supreme Court.

(sundaytimes.lk)
(This story, originally published by sundaytimes.lk has not been edited by SLM staff)

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved