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.
>> Full Story
Friday, December 10, 2010
Sri Lanka new gilt-edged fund eyes small investors
Posted by media at 11:50 PM
A senior military official said there had been no transactions with North Korea
By Shamindra Ferdinando
Sri Lanka says the country never purchased any arms, ammunition and equipment from North Korea during the war against the LTTE.
A senior official involved in procurement of arms on Thursday (Dec. 9) told The Island that there hadn’t been any transactions with NK for a long time.
He was responding to information in diplomatic cables leaked by Wikileaks of US diplomatic protests about North Korea’s alleged sale of rocket-propelled launchers to Sri Lanka in early 2009.
The official pointed out that the international media may have wrongly reported that Sri Lanka was acquiring arms from NK, whereas the actual beneficiary of such arms sales could have been the LTTE.
Alleging possible NK support for the JVP-led 1971 insurgency, Sri Lanka broke-off diplomatic ties with that country.
Military sources say that Sri Lanka hadn’t purchased any major items even from South Korea except some Fast Attack Craft (FACs) acquired in the 80s during the JRJ administration.
Authoritative sources told The Island that the leaked US cables, which had been the basis for media speculation on Sri Lanka receiving NK arms, could have dealt with the LTTE procuring arms from China and transferring them overland through NK to be loaded into LTTE ships.
The Sri Lanka Navy destroyed eight LTTE ships (one in Sept. 2006 and seven in 2007). Of the eight ships, destruction of four, including the largest ‘floating arsenal’ was made possible by the US intelligence.
President Mahinda Rajapaksa’s government went to the extent of raising the issue with China, which led to tighter monitoring of armaments sales. Sources said that it had a disastrous impact on Sri Lanka’s legitimate purchases from China.
>> Full Story
Posted by media at 10:16 PM
Thursday, December 9, 2010
The world is considered a more corrupt place now than it was three years ago, a poll suggests.Some 56% of people interviewed by Transparency International said their country had become more corrupt.
The organisation put Afghanistan, Nigeria, Iraq and India in the most corrupt category, followed by China, Russia and much of the Middle East.
Meanwhile, a BBC poll suggests that corruption is the world's most talked about problem.
About one in five of those polled by the BBC said they had discussed issues relating to corruption with others in the last month, making it the most talked about concern ahead of climate change, poverty, unemployment and rising food and energy costs.
>> Full Story
Posted by media at 9:14 PM
Mr. Chairman and distinguished members of the Commission,
I am honoured and privileged to be invited to give evidence before this Commission on the historic and epic 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, particularly in giving the lie to its critics who dismissed it as not being credible as that of an international inquiry. The impressive and credible proceedings of this commission have once again debunked the cynical attitude common to some Sri Lankans who believe that the local products are never so good as the imported goods and services. I cannot see how three foreign gentlemen, sitting in far away New York, with a pre-determined attitude towards Sri Lanka, can investigate and report on the conditions in Sri Lanka based on accounts presented by questionable sources which have a notorious record of reporting adversely and negatively on Sri Lanka. It is predictable that the UN Panel appointed by the UN Secretary General, Ban Ki Moon, -- knowing particularly the attitude problem of the UN panellists – will merely rubber stamp the prevailing judgment of the West denigrating the greatest historical movement in the living memory of Sri Lankans.
I wish to state categorically that the World alliance for Peace, which I represent, has implicit trust and faith in the integrity and the capabilities of the distinguished Commissioners to fulfil their mandate with honour. May I, therefore, begin by congratulating the Commission for its outstanding performance as yet another successful endeavour in telling the critics and the doubting Thomases that we can – yes, we can – handle our problems on our own, in our own way, without meddlesome foreigners trying to teach grandmothers how to suck eggs. The irony in all this is that these foreigners are preaching and imposing universal moral standards on us on the dubious principle that we must do what they say and not what they do.
Mr. Chairman and distinguished members of the Panel we value and appreciate the advances you have made so far and we trust and hope that you will continue to do so to serve the nation which is in need of guidance to achieve the laudable and ultimate goal of reconciliation.
I am here today as the representative of the World Alliance for Peace in Sri Lanka (WAPS). It is a global net work, spread from Toronto to Melbourne, dedicated to combat the formidable anti-Sri Lankan forces damaging the image of Sri Lanka abroad. It consists of committed volunteers who are in the forefront of an international movement to protect, preserve and promote the good name of Sri Lanka. WAPS is an independent organisation which does not dependent for funds, or directions from of any government, either in Sri Lanka or elsewhere. WAPS operates on self-raised funds collected from patriotic Sri Lankans in the diaspora and I am proud to represent WAPS which is perhaps the only NGO consisting of Sri Lankans without any links to any government either in Sri Lanka or abroad or foreign funding agencies. It is does not pretend to be an non-governmental organisation like the NATIONAL COUNCIL FOR PEACE , OR THE CENTRE FOR POLICY ALTERNATIVE which are, in fact, linked either directly or indirectly to Western governments or their funding agencies.
Western governments and private funding agencies work hand in hand to finance local NGOs which are the hired 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 agenda to hired hands in local NGOs because they have proved to be highly sophisticated agents who can push the Western political agenda on a cheaper rate than their costly career diplomats posted in Addis Ababa, Islamabad or Colombo. Western governments have openly admitted that NGOs are their “soft power” used effectively to promote their political agenda. It is, therefore, a misnomer to consider National Council for Peace or Centre for Policy Alternative or International Centre for Ethnic Studies , to mention only a few, as NGOs because they are, directly or indirectly, indebted to governments abroad. These NGOs also work closely with the diplomatic missions of the West which are the local arms of the Western governments. So if these NGOs are funded by Western sources, directly or indirectly linked to Western governments, and if they also work closely with diplomats of foreign governments, how can they be called non-governmental organisations? They act as the local arm of foreign governments. They dance to their tune because that is the only means by which they can keep their funds flowing from Western sources. If the local NGOs fail to promote a political agenda that is useful to Western sources then they go out of business.
One of the main aims of WAPS is to take on these NGOs both in Sri Lanka and abroad 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 reconciliation for several reasons. 1) Reconciliation has been on the national agenda from colonial times where competing communities were vying with each other for power and territory and it continues to be on the national agenda to this day almost in the same format. 2) It is prioritized as the prime necessity of the day for us to move forward. 3) International and national pressures are mounted on this issue of reconciliation. 4) I believe reconciliation is also the primary objective of this Commission.
When we talk of reconciliation we mean essentially the reconciliation of the Sinhalese with the Tamil-speaking community that took up arms demanding a separate state. A notable – but mostly ignored – political fact is that the relations with the other two Tamil-speaking communities, the Muslims and the Indian Tamils, remained undisturbed at normal levels without either of them going to the extreme of demanding a separate state or taking up arms against the majority Sinhalese. This single political statistic is revealing because the Sinhalese who have been denigrated as extremists, chauvinists, anti-Tamil racists could never have succeeded in co-existing peacefully with two other Tamil-speaking communities if they are bad as they are painted to be.
This single political statistic also goes against the general accusation that the Sinhala majority has been the oppressor of the Tamil-speaking communities. This makes it abundantly clear that, despite differences and tensions, the Sinhala majority has been successful in maintaining harmonious and peaceful relations with two of the Tamil-speaking communities and had problems with only one Tamil-speaking community. This single political fact should speak more about the peninsular political culture with its mono-ethnic extremism than about the Sinhalese who had down the ages co-existed as a multi-ethnic, multi-religious, multi-cultural and pluralistic entity.
The myths that dominate the political landscape have turned reality on its head. For instance, the multi-ethnic, multi-religious, multi-cultural and pluralistic Sinhala society is denigrated as racist or chauvinistic while the mono-culture of Jaffna which fought strenuously to preserve its mono-ethnic hegemony is projected as an exclusive haven of cultural superiority. The anti-Sinhala lobby manufactured an ideology to paint the Sinhalese as extremists and paint the mono-ethnic extremism of the Jaffna Tamils as the victims of Sinhala oppression. If, as they say, the Sinhala majority was oppressing the Tamil-speaking minority on the scale described by NGOs and allied propagandists of the Jaffna Tamil separatist lobby, wouldn’t all other Tamil-speaking communities have common cause to gang up against the Sinhalese? Besides, why did the Jaffna Tamil leadership fail to mobilize the other two Tamil-speaking communities in their political and military campaigns against their so-called “Sinhala oppressors”? Serious attempts were made by S. J. V. Chelvanayakam to form a pan-Tamil-speaking peoples’ front against the Sinhalese but he failed to get them into a common front against the Sinhalese.
If on the convincing mathematics visible to rational political analysts, the Sinhala majority had maintained harmonious relations with two of the Tamil-speaking communities, resolving differences without violence, why did the Jaffna Tamil leadership alone fail to maintain non-violent, harmonious relations with the other communities? Why did they drag their own people through a futile war into the abysmal depths of Nandikadal? What did they achieve? They went to destroy the Sinhalese whom they had demonized globally and in the end it boomeranged on them. Their violence turned inwards and they lost their entire leadership, they lost their kith and kin, and they lost their self-respect and dignity when they were forced to surrender to the fascist terror of a pathological serial killer. Now that we have gone through the worst phase the time has come for the Jaffna Tamil leadership to consider how the other two-Tamil speaking community leaders have succeeded in guiding their communities to constructive and promising ends and why only the Jaffna Tamil leadership failed? Why is it that reconciliation was possible with the other two-Tamil speaking communities and not with only one community in Jaffna?
The answer can be found in the intricacies and the complexities of peculiar peninsular political culture which dragged the Jaffna people from colonial times to mono-ethnic extremism. In summary it can be demonstrated that reconciliation with the northern leadership was doomed to fail because of their intransigence and extremist mono-ethnic ideology that refused to compromise anything short of their fancy state of Eelam.
Jaffna jingoism was the most destructive and counter-productive of all the political cultures of the Tamil-speaking communities. Their ideologues and intellectuals who rationalized the mono-ethnic extremism of Jaffna demanded that reconciliation should be based only on the terms dictated by the extremist agenda of the Jaffna-centric politics. This intransigence was one of the primary causes that led to the failures of any moves towards reconciliation.
Reconciliation has been viewed, argued and projected as a one-way process – i.e., the government of day should give in to the demands of only one Tamil-speaking community disregarding or marginalizing the aspirations, the historical grievances, and the needs of the other minority and majority communities whose main objective has been to co-exist in harmony with each other, sharing the land in common with all those who consider the entire 25,000 square miles, from Point Pedro to Dondra, to be their homeland without any divisions.
Successive governments have gone down this one-way track without any success. Every national, regional and international endeavour to bring about reconciliation failed because each move was aimed at appeasing the intransigent leadership of Jaffna. The Indian move to bring about reconciliation ended in assassinating Rajiv Gandhi. The Premadasa moves to reconcile ended in assassinating Premadasa. The Chandrika-Neelan move to produce a charter for reconciliation ended in assassinating Neelan and nearly getting Chandrika. The last major one-way attempt at reconciliation was when Ranil Wickremesinghe signed the CFA with Prabhakaran 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.
Besides, the undeniable fact is that these reconciliatory moves, signed by the Tamil leadership, were approved by the Tamil people and their fellow-travellers in the NGO circuit. So what is the logic in saying that the Sinhala leadership had not made genuine moves at reconciliation? The Sinhala leadership had even gone as far as dismissing or marginalizing the aspirations and needs of other Tamil-speaking and Sinhala communities. Ranil Wickremesinghe, for instance, committed crimes against the nation when he authorized the supply of arms and ammunition, duty free, to the Tamil Tigers. He even put the Navy Commander, Wasantha Karannagoda, on the mat for sinking a Tamil Tiger boat smuggling arms and ammunition. He should go into the records of the Guinness Book for being the first prime minister in any part of the world who had pulled up his Navy Commander for defending the territorial integrity and security of the nation. It is the innocent youth in the Security Forces who had to pay with their lives to repair the damage done in the CFA.
However misguided he was Wickremesinghe’s actions prove that he was bending over backwards to appease the Tamil leadership – a task that was doomed to fail. Successive Sri Lankan leaders have gone out of their way – sometimes under international pressure – to reconcile with the Tamil separatists. But they never succeeded. Though the evidence is loaded against the Jaffna Tamil leadership for deliberately pursuing a military solution, refusing a negotiated settlement, it is the “Sinhala state” that is blamed for each failure to reconcile with the Jaffna Tamil leadership.
The Nordic peace-makers are on record saying that 95% of the terms and conditions of the CFA were violated by the LTTE. So who should take the responsibility for the failure to bring about reconciliation?
It was the Tamil leadership that decided to seek a military solution when they passed the Vadukoddai Resolution on May 14, 1976. It is this notorious Resolution that endorsed unanimously the decision to wage a war against the rest of the nation. Prof. A. J. Wilson, son-in- law of Chelvanayakam , the father of separatism and the man who posed as Gandhi, states in his biography that Chelvanayakam went through every word of the Vadukoddai Resolution. It specifically urged the Tamil youth to take up arms and never rest until they achieve their goal of Eelam.
So it is not the “Sinhala state” that adopted the military solution. Historical documents record that it was the Tamil leadership that deliberately and consciously decided to go down the path of violence. It was the Tamil leadership that provided the ideology to instigate the Tamil youth to take up arms. It was the Tamil leadership that financed the bullets, the guns, landmines, hand grenades, the boats and all the other firearms when the doors were open to them to negotiate like the other two Tamil-speaking communities. It was the Tamil leadership that gave the silent assent to the killings of Tamil leaders.
Having reneged on national, regional and international agreements, having rejected all reasonable offers for reconciliation, even those offers that came with international guarantees, the Tamil leadership and their fellow-travellers in academia, media, NGOs etc refuse to accept responsibility for the horrendous political crimes committed in the name of the Tamil people. Not surprisingly, the intellectuals, academics, NGO pundits produced volumes rationalizing their divisive politics and justifying Tamil violence by blaming the Sinhalese.
Blaming the Sinhalese is the most common feature of the Jaffna Tamil political culture. Jaffna-centric politics thrived on targeting the Sinhalese. It eventually turned into a cult of hate. The ultimate expression of this anti-Sinhala politics was encapsulated in the Vadukoddai Resolution. It is the most decisive document to come out of Jaffna defining their political goals, violent strategies and the cult of hate. It produced an ideology based primarily on the fictitious history and the concocted geography.
A whole new ideological industry grew round the Vadukoddai Resolution. The pro-separatist seminars, lectures, researches, publications were aimed at blaming only the Sinhala-Buddhists. The Vadukoddai ideology was designed to exonerate the Jaffna Tamil leadership from all blame and any analysis of subsequent studies will reveal that academics and public intellectuals never deviated one inch from the fictions and concoctions laid down in the Vadukoddai Resolution. In the end they blamed Prabhakaran also as a creation of the Sinhalese. If Prabhakaran was a creation of the Sinhalese his bullets should have been directed only at the Sinhalese. But why did he turn his guns first on the fathers of Vadukoddai Resolution which endorsed Tamil violence? Did the Sinhalese instruct him to target the entire Tamil leadership? If, as claimed, he came out of Sinhala violence, why did he target the innocent Muslims? What had they done to him? Why did he pluck Tamil children from the breasts of Tamil mothers? Was it the Sinhalese who prompted him to commit these crimes against humanity?
Demonizing the Sinhala-Buddhists was a necessary strategy to justify Tamil violence and extremist demands. At the root of Tamil violence and extremist demands was this Vadukoddai ideology which defined and laid down the road map to Eelam which, contrary to their expectations, ended in Nandikadal.
The Vadukoddai Resolution produced the Vadukoddai War which lasted 33 years and four days. It had a definite beginning (MAY 14, 1976) and it had a definite ending on May 18, 2009. I consider this as one continuous War and not as four Eelam Wars. The fact that Vadukoddai War see-sawed between low-intensity and high-intensity phases does not add up to four wars. It was just one continuous war led by the Jaffna war-mongers who deliberately declared war on the rest of the nation in the Vadukoddai Resolution.
This Commission and the nation at large are now engaged in working out modalities for reconciliation. There are many roads to reconciliation, ranging from state initiatives to organised activities at the grass root levels. Reconciliation is also not one-way traffic. It takes two to arrive at reconciliation. Reconciliation, it should be noted, is a process that begins in the minds. Breaking down the mental barriers, misperceptions, prejudices and fear-mongering are some of the essentials needed to bring about reconciliation. Above all, no reconciliation is possible if the ideology that led to the Vadukoddai War is left unchallenged.
Vadukoddai Resolution was not meant for reconciliation. It was meant to demonize the Sinhalese, rewrite their history to suit the agenda of Jaffna-centric politics and whip up anti-Sinhala sentiments to keep Vadukoddai violence at boiling point. In fact, when the Tamil separatist decided to go down the path laid out in the Vadukoddai Resolution they opened up two fronts: 1. The military front on the ground where the Tamil youth took up arms as stipulated in the Vadukoddai Resolution and 2. the ideological front which justified and fuelled the Vadukoddai War for 33 years. We have won the war on the ground. But we have yet to win on the second front -- the ideological front which is as formidable as the defeated military front.
The Vadukoddai ideology hangs like a Damocles sword over the head of the nation. The Tamil diaspora is driven primarily by the Vadukoddai ideology. That is their one and only reference point. The Provisional Transnational Government of Tamil Eelam is designed to achieve the goals of the Vadukoddai Resolution. Though the Tamil Tigers – the misled children of the Vadukoddai Resolution -- are dead the ideology is still alive.
Combating this ideology is a sine qua non for the nation to advance toward reconciliation. The primary task of the second front, which the government has not yet opened in any effective way, is to demolish the political myths and fictions woven round the Vadukoddai Resolution. No amount of legislation can win this ideological battle. It is going to be a battle for the hearts and minds of the people. Reconciliation is possible only when the minds are liberated from myths 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 up continues to linger on in various shades and manifestations.
This is why the ideological battle has to be taken seriously and fought relentlessly like the recently concluded war on the ground. The common thrust of the anti-Sinhala ideology is based on the allegation of discrimination against the Tamils. Apart from the concocted historical and geographical fictions, Jaffna-centric politics has consistently accused what they called the ”Sinhala state” on grounds of discrimination. It is the rationale on which Jaffna-centric politics took to violence. This accusation has been accepted uncritically by the assorted pundits who found it very lucrative to toe this line.
It has become an integral part of conventional wisdom that hardly anyone dares to challenge it. I have no time to cover all the issues of discrimination raised by the Jaffna Tamil lobby. But let me deal with the main accusation based on the Sinhala Only Act. As a result of the massive propaganda the world has come to know this as the symbol of discrimination against the Tamil-speaking people. But the two other Tamil-speaking communities – the Muslims and the Indians – did not consider this as an issue on which they could take up arms or demand a separate state. What should be noted is that all the issues of discrimination were raised and pursued relentlessly, ending up in the Vadukoddai War, only by the Jaffna Tamils. Practically every one of the issues of discrimination raised by the Jaffna Tamil political caste/class – except the citizenship issue of the Indians – were irrelevant to the other two Tamil-speaking communities. This is one of the reasons why the issue of discrimination sounds so hollow. If two out of three Tamil-speaking communities pursued consistently a political programme of peaceful co-existence whilst gaining their rights by non-violent politics what was the justification of the Jaffna political caste/class to go all the way from Vadukoddai to Nandikadal?
Take the example of the Sinhala Only Act which is cited as the mother of all evil in Sri Lankan politics. It was not just the Jaffna Tamils but the entire Westernized, English- educated ruling class of all communities, including the Sinhalese, that rebelled against it. Even among the Tamils the language issue was confined essentially to the English-educated professionals, particularly those in the public service. The vast majority of the Tamils who lived among the Sinhalese had no problem with Sinhala as the language of commerce. When I grew up my barber, my corner store grocer, my thosai boutique man, my rickshaw man who took me to school, the botal karaya, -- you name it – were all
Tamils and they had no problem with Sinhalese. My mother who shopped for her jewellery at Sea Street had no problem in bargaining with the Tamil jewellers in Sinhalese. In fact, it was a problem confined only to the 6% of the English educated elite who resented and resisted their power and privileges being taken away by enthroning the language of the majority of the people. They were bent on retaining the colonial privileges which would deprive the 94% of the people to communicate with the language of their elected government in the mother tongue. Which democratic, or for that even a dictatorship, would continue in the unfair practice of running a government in an alien language? Is France run in English? Is England administered in Welsh? Is China run in Japanese? Why is it right for all other nations to run their governments in the language of the majority but not Sri Lanka?
But let me hasten to add that the Tamils also had the right communicate with their elected government in their mother tongue. And provision was made for it by S.W. R. D. Bandaranaike, the greatest Sinhala liberal leader who was demonized by the Tamil lobby as the sole author who deprived them of their rights. Bandaranaike did not overthrow the Tamil language. He only dethroned the English language. His mission was to redress the imbalances left behind by centuries of colonialism. The pendulum that swung to the West under colonialism was swinging to the East in all ex-colonies. One of the first rights of the people was to be governed in their own language.
When Sinhala Only act was passed Chelvanayakam went from kachcheri kachcheri urging the Tamil public servants not to learn Sinhala. This is typical of the narrow-minded, divisive politics of Jaffna-centric politics that took them eventually to Nandikadal. It is the duty of all public servants to serve the public and it was duty of all public servants to serve 75% of population in Sinhala. Chelvanayakam and the English-educated ruling class did not want to change the colonial practices. They were for retaining the status quo. In other words, Chelvanayakam wanted the public to learn the language of public servants instead of the public servants learning the language of the public. How fair is this by the public? In fairness to Bandaranaike, it must be stated that he made it compulsory for Sinhala and Burgher public servants to learn Tamil and even provided free classes in the departments for public servants to learn the languages of the public. It was this policy of democratizing the administration and making the administration accessible to the public without any language barriers that was vilified as a racist act by the “Sinhala state” against the Tamils.
Let us also not forget that it was the Sinhala youth that took up arms first on the cry of discrimination. They too raised the language issue but on a class basis. They said that English was the language of the ruling class that denied opportunities to the lower classes. The Jaffna Tamils took up the same issue on an ethnic basis and accused the Sinhalese of pursuing racist politics. Even the Marxist leaders eventually came to the conclusion that it was a class issue and not an ethnic issue. And despite all these allegations of discrimination on a language basis the nation is still run in English. The judiciary, the executive and the legislature are ruled by and large in English. Even the bulk of the evidence recorded in this commission is in English. So where is the discrimination if all three languages are used in running the administration to this day?
Let me highlight some key aspects which debunk this myth of discrimination. Distinguished members there are 192 flags flying at the UN. Of all these flags it is only the Sri Lankan flag that has given the Tamils a place of respect, dignity and honour. A flag is the highest symbol of any nation. When the President salutes the national flag he salutes the Tamils and Muslims also. So has “the Sinhala state” excluded the Tamils and given them a lesser status nationally or internationally? Take the case of currency – another symbol of national recognition. Every currency note gives Tamil it due recognition as an equal partner. So where is this discrimination? This place of honour is not there for the Tamils even in India – the ONLY homeland of the Tamils.
In what way have these unique symbols denied the Tamils of their rights, their culture, their identity? On the contrary, in building this nation have not the “successive “Sinhala governments” placed the minorities on equal footing at every critical level? This is confirmed by the fact that two Tamil-speaking communities have 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 were not valid. If the allegations of discrimination and oppression of the minorities were valid it would have been felt right across the board among the minorities. But it didn’t. They all spoke the Tamil language, they all faced the identical Sinhala majority and they lived in the same political space. Their refusal to join hands with the Jaffna Tamils on allegations of discrimination and oppression refutes conclusively the concocted allegations of the Jaffna Tamils.
As a result of the distorted ideologies of the peninsular political culture the nation was put through the most traumatic period in its history. The Jaffna Tamil political parties have survived in the past on this culture of blaming the Sinhalese. If they are to learn from history the one outstanding lesson they must accept is that there is no future in the ideologically misguided past. They have pushed their mono-ethnic politics to the extreme and they have lost. Their task now is to re-imagine their place in a multi-cultural, multi-ethnic, multi-religious state.
But to sum up, their politics of mono-ethnic extremism will not end 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 who are still committed to this ideology have not grasped the geo-political realities that went against the Vadukoddai ideology. The Tamil leaders knew that the international community was against a separate state but they never told that to the Tamil people. They kept the illusion of Eelam alive for their own self-interest without any regard for the suffering of the Tamil people.
Let us not forget that in all this it is the Jaffna Tamil people who suffered most. The Jaffna Tamil leadership must apologise on their knees to the Jaffna people for leading them to Nandikadal. Jaffna deserves a more enlightened leadership that can save them from going down the same old route from Vadukoddai to Nandikadal. Blaming the Sinhalese is not going to pay them any dividends any more. They must take responsibility for manufacturing the Vadukoddai ideology that took them nowhere. No one asked them to pass the Vadukoddai Resolution. They did it on their own. No one asked them to drag the Tamil people, using them as a human shield, to Nandikadal. They alone must take full responsibility for what happened to the Tamil people. They must not only apologise but also promise their people never to take them down the path to another Nandikadal.>> Full Story
Posted by media at 9:04 PM
Wednesday, December 8, 2010
Lanka rules out defence agreement with Pakistan - Gota explains why Defence allocation was raised by 6 per cent
By Shamindra Ferdinando
Defence Secretary Gotabhaya Rajapaksa says Sri Lanka will not enter into a Defence Cooperation Agreement (DCA) with Pakistan. In a brief interview with The Island, Defence Secretary Rajapaksa on Tuesday (Dec.7) said that the government hadn’t even discussed the possibility of a DCA with Pakistan during the recently concluded visit to Colombo by Pakistani President Asif Ali Zardari.
President Mahinda Rajapaksa hadn’t discussed any defence related proposal with his Pakistani counterpart, the Defence Secretary said, while dismissing what he called unsubstantiated media reports on a post-war DCA. The Defence Secretary said that President Rajapaksa’s government hadn’t entered into any DCA during the three-year war, though the country acquired arms, ammunition and equipment from several countries, including Pakistan.
"In the aftermath of our victory over the LTTE in May last year, we’ll have to review our defence needs and equipment. For over 30 years, we have been buying armaments from different sources depending on our requirement, financial terms and the availability," Defence Secretary Rajapaksa said.
Sri Lanka bought weapons and defence equipment from several countries, including China, Pakistan, India, Russia, Israel, Ukraine and US, while some of the Fast Attack Craft (FACs) had been built by the Japanese-run Colombo Dockyard Limited.
Commenting on Opposition allegations of increased defence spending in spite of conclusion of the war in May last year, the Defence Secretary said that those critics had conveniently forgotten the armed forces couldn’t be disbanded or drastically reduced, though the LTTE posed no conventional military threat now.
The government allocated 215 billion rupees (1.92 billion dollars) for defence for 2011, according to official figures tabled in parliament and that amounts to about one fifth of the national budget.
The Defence Secretary said that country had to no option but to keep defence spending high because of hefty installment payments on military hardware bought over the years. According to him payments would have to be made for some time to suppliers.
Thethe 200,000 member strong army would take the lion’s share of the defence budget, he said.
The army will absorb just over half of the entire defence spending to maintain its personnel.
He said that re-positioning of security forces in a post-war era was a costly business as new bases and cantonments were needed to accommodate troops in the Northern and Eastern Provinces. "This is a very high priority. Unlike during the war, troops cannot be given makeshift shelter," he said.
Responding to another query, the Defence Secretary said that several institutions, including the UDA had been bought under his purview, and that factor too had led to an increase in the Defence allocation.
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Posted by media at 6:14 PM
Tuesday, December 7, 2010
Colombo,Dec 7,(PTI) British Defence Secretary Dr Liam Fox is to visit Sri Lanka later this month to deliver the Lakshman Kadirgamar memorial lecture, a local media report has said.
The widow of the late foreign minister has confirmed to one of the local TV channels, that Dr Fox will deliver the memorial lecture in Colombo on December 18 .
Kadirgamar was assassinated in 2005 despite the government and the LTTE then observing the Norway brokered ceasefire.
Fox''s government colleague, Alistair Burt, Secretary of State of Foreign and Commonwealth office for South Asia postponed his visit to the country this week amidst protests against UK in Sri Lanka following cancellation of President Mahinda Rajapksha''s speech at Oxford University.
However the British High Commission in Colombo said "the postponement came due to parliamentary pressures in the UK and the visit would be re-arranged as soon as possible".
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Posted by media at 8:03 PM
Committed to protect the sovereignty and territorial integrity of the Motherland, preserving the strength it gained by its pivotal contribution to the eradication of the 30-year long brutal terrorism off the Lankan soils intact, utilizing the same efforts used for the destruction of the supply and escape routes of the terrorists through its continuous surveillance along our coastal belt and territorial waters and thwarting the re-emergence of terrorism in the country, Sri Lanka Navy is fortifying itself into a more formidable force today.
The necessity to re-establish a Naval Force was felt during World War I in the island of Sri Lanka, which had once made admirable victories in Naval battles having sailed into foreign countries during the reigns of its great kings such as Parakramabhahu and Vijayabhahu.
Sri Lanka Navy came into being 60 years ago on December 9, 1950 as the Royal Ceylon Navy with the integration of the Royal Ceylon Volunteer Navy and the Ceylon Royal Naval Volunteer Reserve (CRNVR) which expanded from the Ceylon Naval Volunteer Force (CNVF) formed as a fulfillment of that necessity.
During the period Captain Banks became the Commander of the Navy. In the 1950s, Royal Ceylon Navy received the ship ‘Vijaya’ from Britain as a gift. The commissioning ceremony of this ship was presided over by the late Prime Minister D S Senanayake.
It was onboard the ship ‘Nonik’ that Queen Elizabeth arrived in Ceylon in 1954 as the Head of the Commonwealth. It was the Royal Ceylon Navy which accorded the Guard of Honour to her. In 1954 Drum Major Cruse made a creative contribution by training a music band for the Royal Ceylon Navy.
0n September 19, 1955, the helm of the Navy was transferred from white hands to black hands with the handing over of the post of Commander of the Royal Ceylon Navy to Captain Royce de Mel by the last European Captain Chavasse.
During this decade the challenging task entrusted to the Royal Ceylon Navy was the tackling of illegal immigrants and smugglers arriving from South India. The Karainagar Naval Base was established to prevent this menace. The small vessels ‘Hansaya’ and ‘Lihiniya’ were acquired as a solution to this preventive policy.
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Posted by media at 7:56 PM
Monday, December 6, 2010
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.
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Posted by media at 10:19 PM