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Saturday January 28th, 2023

Ranjan appeals his sentencing by the Supreme Court

ECONOMYNEXT – Lawyers for Actor-politico Ranjan Ramanayake have filed two petitions in courts, one appealing his contempt of court sentence and the other a Writ petition to prevent the Secretary-General of Parliament from stripping him of his Parliamentary seat.

The petition before the Supreme Court is unprecedented as the MP for Gampaha was convicted by the Apex Court and therefore under normal circumstances there would be no recourse to appeal.

However, Ramanayake’s lawyers are arguing under the International Covenant on Civil and Political Rights (ICCPR) that anyone convicted of a criminal offence is entitled to an appeal. The ICCPR was made part of the Sri Lankan Statute in 2007.

Ramanayake was given a four-year sentence for contempt for a statement he made to reporters where he alleged corruption in the judiciary.

The petition before the Supreme Court also states that the four-year sentence is “excessive.”

The Writ Application Appeal court is arguing that Ramanayake’s conviction does not meet the criteria for disqualification to be an MP as laid out under Article 89 (d) of the constitution.

The Elections Commission has however ruled that Ramanayake can be stripped of his seat because of the conviction. (Colombo, February 2, 2021)

Reported by Arjuna Ranawana

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Sri Lanka utility to continue power cuts, regulator says no

ECONOMYNEXT – Sri Lanka’s state-run Ceylon Electricity Board has decided to continue power cuts, as the dry season hits the country despite orders to give 24 hours of power.

The utility said its Board “has decided to continue the demand management programme” and it has informed the regulator of this decision on January 27.

The Public Utilities Commission of Sri Lanka said it had not approved the power cuts “as it violate and affect the rights of 331,000 students sitting for the Advanced Level exams.”

Sri Lanka’s CEB has high running costs due to long term scuttling of planned coal plants by activists and lastly President Maithripala Sirisena.

‘CEB’s costs went up as demand went up since the last coal plant opening and steady collapse of the currency from 131 to 182 to the US dollar due to open market operations unleashed to suppress rates and operate a flexible inflation targeting by the central bank.

Even more aggressive liquidity injections after 2020 to target an output gap then busted the currency from 182 to 360 to the US dollar.

CEB has to use extra fuel from around February to April 2022 as the dry season hits reducing hydro power.

Sri Lanka’s Human Rights Commission has ordered the Ceylon Petroleum Corporation to supply fuel and banks to give credit for extra power.

Power Minister Kanchana Wijesekera has alleged that CPC officials agreed under duress and threat of jail sentence to supply fuel.

The CEB has to cut power in case demand outstrips supply to maintain frequency at 50 Hz to avoid cascading failures, according to sector analysts. (Colombo/Jan28/2023)

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Sri Lanka president suspends parliament till Feb 08

ECONOMYNEXT – Sri Lanka President Ranil Wickremesinghe has suspended parliament till February 08, according to a gazette notice.

Parliament will re-convene at 1000 am on January 08.

President Wickremesinghe told party leaders that he would make a speech, officially declaring his intention to give effect to the 13th amendment to the constitution on provincial councils.

Provincial councils, a power sharing arrangement backed by India as a solution to the ethnic Tamil have not yet been given police and land powers. (Colombo/Jan28/2023)

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Sri Lanka expects influx of global twins

ECONOMYNEXT – Sri Lanka’s expecting thousands twins and non-twin visitors including at least thirty contestants for a Twins Miss and Mr World 2023 contest, where they will join their counterparts in the country.

“We expect upwards of 4000 participants to arrive in the country for the event,” Founder and Chairperson Vice President Global Twins Multiple Birth Forum, Upuli Gamage told reporters.

“And we very much hope that this number will keep going up in the years to come.”

The country amidst an economic crisis is celebrating the Twins Miss & Mr World 2023 for the first time in the World in Sri Lanka to grab the attention of more than 30 countries.

Prospective Sri Lankan twins can apply for the local contest to be held in May. Winners will go the international event in July.

Twins contests are being held in 30 other countries and three participants will come from each country, according to the organizers.

“This event helps to build a positive image of the country while grabbing the attention of 50 countries,” Chairman Sri Lanka Tourism Promotion Bureau, Chalaka Gajabahu said.

“And I heard this can be go as a World record to the genus book, that will give country free PR, free digital media marketing, free social media marketing.”

The Sri Lankan Twins Organization along with the tourism authority has initiated this program including twins of this country as a promotional campaign in hopes of bringing in foreign revenue.

There will be series of events commencing from July 24 to 31 including a business forum for investors to interact. Visitors fro 30 countries are expected.

“Countries like Japan do such programs often and we too should, to grab foreign attention,” Consul General to Japan, Sunil Gamage said.

“This will help to build International bonds. This is an opportunity to bring investors.” (Colombo/Jan27/2022)

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