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Sri Lanka Equity Forum » Stock Market Talk » #PM Crisis#

#PM Crisis#

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1 #PM Crisis# on Fri Nov 02, 2018 7:15 am

ruwan326

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Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
First topic message reminder :

Parliament remains in limbo

2 November 2018

  • MR’s statement of reconvening P’ment on Monday contradicted [b]by others[/b]

  • Deputy Speaker confirms no P’ment on 5 Nov.

  • Uncertainty over date continues

  • Speaker to meet party leaders today

  • UNP says Speaker did not recognise MR as PM during meeting with President

  • No decision on giving MR Prime Minister’s Chair


In the absence of an official announcement by President Maithripala Sirisena regarding reconvening of Parliament, confusion reigned with different dates being quoted by different politicians depending on their political affiliations.

The first announcement of a possible change in the date to reconvene Parliament was made by Mahinda Rajapaksa, the new Prime Minister appointed by President Maithripala Sirisena, during a discussion with university professors last morning. Rajapaksa, quoting Sirisena, confirmed that Parliament will be reconvened on 5 November.

“I believe Parliament will be reconvened on 5 November. The President has decided to reconvene the Parliament on 5 November,” said Rajapaksa, who ascended to the post of Prime Minister following the sacking of sitting Prime Minister Ranil Wickremesinghe during the meeting.

However, this was later revised to be either 5 or 7 November. The decision came after Speaker Karu Jayasuriya on Wednesday met the President with a renewed call to reconvene Parliament.

The United National Party (UNP), led by ousted Premier Wickremesinghe, considered the announcement a victory for democracy.

“We thank Speaker Karu Jayasuriya for his efforts to get Parliament convened before 16 November. We can say that we have won round one in our battle for democracy in this country,” UNP MP Ajith P. Perera stated at a media briefing held at Temple Trees last morning.

However, as the day progressed, uncertainty set in with UNP politicians saying Parliament will be reconvened either on 5 or 7 November. By evening, it was unclear if the date had been advanced at all.

Deputy Speaker Thilanga Sumathipala told Daily FT that Parliament will not convene on 5 November, but failed to clarify when the revised date would be. The Speaker’s Office, too, said that they are yet to receive any official confirmation on the date being revised.

Cont... http://www.ft.lk/front-page/Parliame...imbo/44-665982


81 Re: #PM Crisis# on Fri Nov 16, 2018 9:00 am

ruwan326


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@samaritan wrote:If MS+MR are in control we can see a vibrant stock market. If UNP continues investors have to hold the tail of a sluggish market and catch butterflies with bending their backs.
As this an investors forum, i believe my statement is relevant.
"As this an investors forum"


82 Re: #PM Crisis# on Fri Nov 16, 2018 9:24 am

ruwan326


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
රනිල්, මෛත්‍රී මට ඇරපු ඇරිල්ල ඔබටත් අරිනවාමයි (මහින්ද).........

83 Re: #PM Crisis# on Fri Nov 16, 2018 9:41 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
CURIOUS ABOUT BUTTERFLIES? 

84 Re: #PM Crisis# on Fri Nov 16, 2018 8:19 pm

Ryan Hudson


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I didnt hear SDIG Nalaka contesting from Pohottuwa, if that happens we can conclude, further SDIG Nalaka has been behind Digana racist attacks to save Ranil from no confidence motion, this shows similarity to black july incident which was created by pappa JR to sideline opposition after infamous referendum which was held to postpone presidential and general elections for 12 long years

History has repeated, even under SLFP president UNP followed same principles, UNP never learns that postponing elections for political advantage has greater social and political repercussions, 

Another incident was crying of 88/89 mass murderer Jayawickrama Perera, he must have remembered today how he killed innocent youth in 88/89, he must be thinking the pain that youth went through when he tortured youth at that time in torture houses if chillie powder pain is this strong, good lesson for everyone who aims to commit crimes, what goes around comes around

85 Re: #PM Crisis# on Sat Nov 17, 2018 5:44 am

Yahapalanaya


Vice President - Equity Analytics
Vice President - Equity Analytics
@Ryan Hudson wrote:I didnt hear SDIG Nalaka contesting from Pohottuwa, if that happens we can conclude, further SDIG Nalaka has been behind Digana racist attacks to save Ranil from no confidence motion, this shows similarity to black july incident which was created by pappa JR to sideline opposition after infamous referendum which was held to postpone presidential and general elections for 12 long years

History has repeated, even under SLFP president UNP followed same principles, UNP never learns that postponing elections for political advantage has greater social and political repercussions, 

Another incident was crying of 88/89 mass murderer Jayawickrama Perera, he must have remembered today how he killed innocent youth in 88/89, he must be thinking the pain that youth went through when he tortured youth at that time in torture houses if chillie powder pain is this strong, good lesson for everyone who aims to commit crimes, what goes around comes around
Current coup is lead by alleged war criminal.World is closely watching now.Saddam hussein,Colonel Kadafi,Shaa,Husni mubarak.......,MARA.. Very Happy Very Happy Very Happy

86 The fish that swallowed the whale on Sat Nov 17, 2018 6:49 am

ruwan326

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Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The fish that swallowed the whale
16 November 2018 



This is an easy-peasy, elementary effort of an ordinary citizen to comprehend the mad scramble for power among the political class.

It is undertaken in the belief that the crisis we face is an opportunity to reject the family kleptocracy of Mahinda Rajapaksa and the corporatist kleptocracy of Ranil Wickremesinghe. 

We must treat President Maithripala Sirisena kindly. We the people promoted the man beyond his capacity. For three years we were either complicit in or were indifferent to the quiet build-up of a pseudo presidential persona that depicted him as staggeringly successful beyond his worth. 

Any person with a cursory understanding of the Freudian theory of personality – that of id, ego and super ego will forgive him for his present day penchant to exude an atrocious arrogance that far exceeds his achievements. 

Silver lining

There is a silver lining in all this madness. A silent, substantial and sane segment of our polity now realise the stockpile of wisdom contained in the rhetoric used by Dr. N.M. Perera to warn us on the inherent peril of the executive presidency. ‘What if a mad man becomes the president?’ 

That NM’s virologist nephew Tissa Vitharana has been bitten by the loony virus is a subject for another day. 

We often make the mistake of interpreting the polarisation of a few and select power groups or political parties as reflecting a great polarisation of society as a whole.

For example, Mahinda does not represent Sinhala Buddhist opinion. He has most of the Sangha in his wallet. We confuse the two. 

Mahinda gave diplomatic passports to prominent Buddhist monks. For the life of me, I do not understand why Buddhist prelates need privileged passports to preach the Dhamma either here or abroad. 

The positive side of the current madness is that there is a discernible polarisation of forces between the modern and the tribal. The principled stand of political formations representing ethnic minority interests with enlightened democratic segments of the ethnic majority is a sign that at long last the seeds of a true post-colonial nation state are taking root in the fertile soil of freedom and human dignity. 

Let us go back to 8 January 2015. The rainbow coalition had a simple objective. It rejected a state that was a kleptocracy and a state that sanctioned murder, abductions and disappearances. More than the kleptocracy part, the fear and excesses of the deep state transcended all other societal fault lines communal, economic and ethnic.  The successor state that was installed by the good governance enthusiasts did not sanction murder, abductions and disappearances.

But the kleptocracy remained intact. It was far too entrenched. The successors were far too greedy to make the structural reforms that would make a difference. The story of SriLankan Airlines, the bond boondoggle, and legal gymnastics of two President’s Counsel in the Ranil Wickremesinghe Cabinet to stall the probe on Avant-Garde bounty hunters are eloquent examples of the double dealings of the reformers. 

In the past three years, State-sanctioned murders have not been conclusively resolved. The parents of the eleven youth who vanished while in the custody of the navy are hoping for closure in vain. The Admiral who shielded one of the prime suspects dressed in his grandiose white is exuberantly celebrating his proprietorial grip on the allegiance of a peasant mind incapable of discerning the thin line separating perfidy and patriotism.

That said, this worrisome situation should not make us sceptics about democracy. The outcry, the tangible consensus against these problems as mentioned above and not mentioned due to space tell us that that there is indeed something about democracy that is worth mobilising for.

At this moment of democratic peril, we must resolve to reinvent and expand our democracy.

Chaos in Parliament is chaos that we created

We don’t need to elect buffoons who after elections pander to the whims and ideocracies of ‘Mahanayakes’ cocooned in their tribal enclaves. 

The purported Minister of Buddha Sasana according to today’s news reports has agreed with the prelate of Asgiriya monastery that we must not allow foreigners to interfere in our affairs. May be Gammanpila wants the Australian investor to remain mum on his charge of stock market swindle. 

Our democracy begins and ends with the nebulous notion of an electoral representative democracy. It relies on quite valuable but extremely brittle set of institutions, which cling on to the notion that the elected Political class somehow know better than their electors. 

The elected parliamentarians and in this instance our elected president does not seem to have much faith in the citizens’ capacity to make political decisions.

The challenge we confront is simple and straight forward. We must somehow survive this crisis and form a credible caretaker government and hold a general election in which we the people can decide on representatives who will offer alternative practices enabling genuine democratic participation. 

The great war hero is exposed in all the nakedness of a cat burglar stealthily stealing the expressed will of the people. Caught with the goods, he has now turned witness for the prosecution and wants a general election.

Thanks to the President’s puerile and precipitate action we have an opportunity to rethink and reframe our idea of democracy.

We must abandon this monstrous model

There is no way we can restructure it. We must at the next general election, put forward a constitutional model that does not promise but guarantees equality, freedom and the space for ordinary citizens to have a meaningful influence on politics. We must reject both, neo liberal economics and free market economics. Markers need intervention by the state. There is nothing vulgar about State Owned Enterprises, provided the vulgar are kept out of management. 

It is an urgent and immediate task. I live in Battaramulla. Every day I pass the edifice that houses the Ministry of Megapolis Development now taken over by the charlatan son of Philip Gunewardene, father of the revolution that never arrived. 

I must make an effort to avoid a monstrous billboard with an obscene picture of Dinesh Gunewardene and call for the Boralugoda lion roar.

The task of rethinking our democracy is pressing. We are now witnessing the brazen, arrogant and aggressive attempt by a gang that openly attempted to hijack the Parliament to take command and control of the ‘language of democracy’ to capture power and restore their rent seeking ministerial privileges. 

They involve ‘The People’ to subvert opposition to their machinations. The recent capture of State media institutions demonstrate their capacity to offer more undemocratic solutions to real and imagined problems. They seek to divide our society on parochial lines and undermine the climate of reconciliation that was clumsily but determinedly pursued in the last three years. 

You must remember how Mahinda Rajapaksa set up the family business.

Mahinda Rajapaksa is not a selfish man. He institutionalised the exploitative privileges and perks of his team from base to the top of the pyramid. Despite his great charisma, this episode has made him a political clown. He has paid a high price. He has lost all political legitimacy. This is the beginning of the end of the Mahinda Rajapaksa folk legend. 

Now we must focus on our President whom we elected as the common candidate. 

His humility and his humble life trajectory were his USP – ‘the unique selling proposition,’ the term used by professional marketeers in marketing FMCG – Fast-Moving Consumer Goods – the stuff that has a limited shelf life. 

In fairness we must remember that he was proud of his achievement or destiny. At some point he concluded that he himself singlehandedly reached the hybrid of an Abraham Lincoln and Nelson Mandela. That is beside the point. 

He certainly has a deep-seated antagonism towards Ranil Wickremesinghe, the UNP Leader, who paved way for him to become president. The problem is that halfway through they both got confused. The President stopped being grateful. His Prime Minister never ceased crying over his spilt presidential milk.

When the President complains about the cultural chasm between him and the Prime Minister, my conscience dictates me to agree with him.

First, Ranil Wickremesinghe does not speak the Sinhala that Maithripala Sirisena speaks. Second, no matter how humble you are, there is a limit to tolerating the uppity know all attitude of Ranil Wickremesinghe. It is not an act that is human possible unless your fate, interest or wellbeing is dependent on the UNP Executive Committee. 

Since defeating the no confidence motion against him, Prime Minister Ranil Wickremesinghe did not bother to mend fences. Newspapers periodically reported that the President got mad over some Cabinet paper or other.

In high pressure politics, getting mad over something is not unusual. Staying mad with somebody with whom you have fundamental differences is also not unusual. Getting mad is no big deal. Going actually, really and truly mad is catastrophically insane.

http://www.ft.lk/columns/The-fish-that-swallowed-the-whale/4-666949

87 Re: #PM Crisis# on Sat Nov 17, 2018 9:04 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Latest strategy of the UNP whose vote base had eroded badly wants to make a come back by staging & resorting to 'good boy' tactics to gain public sympathy before facing the public at a general election. Green blooded 'boru' Jayasuriya' wants to establish himself as a hero by trying to reinstate UNP rule backed by some foreign elements. 
What they fail to realize is that the same weapon can & will be used in the future by diaspora backed politicians following this bad precedence.

At a time of crisis of this nature the best solution is in the hands of the people at an election. UNP should not try to dodge an election at this juncture.

88 Re: #PM Crisis# on Sat Nov 17, 2018 6:55 pm

Ryan Hudson


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Dailyft, Dailymirror, lankadeepa, TNL shamelessly engaged in canvassing for Ranil, useless to read articles and news in these sources, these media owned by ranil and family

89 Re: #PM Crisis# on Sat Nov 17, 2018 9:31 pm

THUWA


Equity Analytic
Equity Analytic
Whole world is watching even some SLFP members are regretting openly. No point in blaming on media.

President earlier said, he personally witnessed how the Supreme Court Judgments changed with telephone call from Big Boss, just before the Judgment delivery.

 If they blame the 6.2 M people who voted for the president, then why are they taking oath under the same president without any shame?

 They think if they in power at the interim government they could use the power to rigging election   

90 Re: #PM Crisis# on Sat Nov 17, 2018 9:59 pm

Ryan Hudson


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
We know how this karumaya speaker got involved with US embassy and got embassy guys and some murderers into parliament yeaterday. 

6.2 million idiots ruined this country. first they killed that fool monk sobhitha, now they tried to kill my3, luckily he was advanced than ranil, finally we know who killed gamini disa gamini athukorala lalith premadasa chandrika also lucky you remember she escaped on the eve of the presidential election, and now karuna has said ranil was behind air port attack in 2000 and last time when ranil was in power all informants 28 in number and some military heads of the secret service was allowed to be killed by ranil with infamous millenium city revelation Ranil and 6.2 million just started to pay for their crimes and it will go on

91 Re: #PM Crisis# on Sat Nov 17, 2018 10:28 pm

THUWA


Equity Analytic
Equity Analytic
If the Ranil behind the killing plot was true, now the power with the President and so called prime Minister.

If they have the back bone, now they could impeach him at Special Court with the so called plot evidence rather than taking political gain or action.

92 Re: #PM Crisis# on Sun Nov 18, 2018 6:48 am

ruwan326

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Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Better hand over the country/parliament to the youth  parliamentarians . 



93 Re: #PM Crisis# on Sun Nov 18, 2018 7:27 am

Yahapalanaya

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Vice President - Equity Analytics
Vice President - Equity Analytics
@Ryan Hudson wrote:We know how this karumaya speaker got involved with US embassy and got embassy guys and some murderers into parliament yeaterday. 

6.2 million idiots ruined this country. first they killed that fool monk sobhitha, now they tried to kill my3, luckily he was advanced than ranil, finally we know who killed gamini disa gamini athukorala lalith premadasa chandrika also lucky you remember she escaped on the eve of the presidential election, and now karuna has said ranil was behind air port attack in 2000 and last time when ranil was in power all informants 28 in number and some military heads of the secret service was allowed to be killed by ranil with infamous millenium city revelation Ranil and 6.2 million just started to pay for their crimes and it will go on
6.2 million people are intelligent.
Yes it hurt you when whole world directly watching thugs,kudu karayo,mini maruwa action in parliament.
You need not to worry about UNP leaders who sacrified their life.They are not para paksa.

Umba thamai Angodq yanda one.

94 Re: #PM Crisis# on Sun Nov 18, 2018 8:41 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The current political impasse caused by the Speaker who is biased with vested interest can only be resolved by the people at a general election. Also never in the history of Sri Lanka's parliament an opposition leader has acted as an agent of the ruling govt. The UNP has paved the way for foreign involvement even to resolve the country's constitutional crisis. In future even sentencing a pickpocket may have to be done with the consent of the US Ambassador. President should put his foot down and stand by his decision to dissolve the parliament and hold early general election & allow the caretaker govt to continue till then.

95 Re: #PM Crisis# on Sun Nov 18, 2018 9:16 am

Ryan Hudson


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@ yahapalana  Very Happy Very Happy Very Happy dont get angry man, i am involved in active politics for 36 years, my first memory of political crime is black july in 1983, 
since then i have been involved with all political parties in sri lanka sometimes as consultant, media adviser etc etc, 

I know what they would do when they turn, but i couldnt predict my3, anyway 6.2million people who voted for my3 are political and social idiots beyond anybodys comprehension because

1. They didnt know political idiolgies of different parties rarely go together, remeber opponoents of my3 were telling this would not go for long

2. They didnt know UNP and JVP are not democratic oriented parties, see their past behavior, Ranil has been the leader of UNP from time before yahapalana chap born Laughing Laughing Laughing, how to protect democracy when it is not there in your own party, real madness, 

3. They were not aware of personal traits of each leader in the jadapalana group, see for example chandrika(my god; chaura rajina), Ravi, Ranil, Malik, Sajith(nidan man), my3, anura, sampanthan, Hakeem, Rishard, finally karu maya actually 6.2million were oblivion or ignorant to this for acute hatred mostly personal against rajapaksas, it is still there as shown by this yahapala chap's anger

Basically these 6.2million or less were behind fonseka as well, sometimes foolishness has no boundries when blinded by hatred, i request all yahapalus 6.2million to read something on plotics and learn before doing something, psychology is also something good to learn, we will write more on this with regarrd to right and left brain men later

96 Re: #PM Crisis# on Mon Nov 19, 2018 3:15 am

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@Ryan Hudson wrote:@ yahapalana  Very Happy Very Happy Very Happy dont get angry man, i am involved in active politics for 36 years, my first memory of political crime is black july in 1983, 
since then i have been involved with all political parties in sri lanka sometimes as consultant, media adviser etc etc, 

I know what they would do when they turn, but i couldnt predict my3, anyway 6.2million people who voted for my3 are political and social idiots beyond anybodys comprehension because

1. They didnt know political idiolgies of different parties rarely go together, remeber opponoents of my3 were telling this would not go for long

2. They didnt know UNP and JVP are not democratic oriented parties, see their past behavior, Ranil has been the leader of UNP from time before yahapalana chap born Laughing Laughing Laughing, how to protect democracy when it is not there in your own party, real madness, 

3. They were not aware of personal traits of each leader in the jadapalana group, see for example chandrika(my god; chaura rajina), Ravi, Ranil, Malik, Sajith(nidan man), my3, anura, sampanthan, Hakeem, Rishard, finally karu maya actually 6.2million were oblivion or ignorant to this for acute hatred mostly personal against rajapaksas, it is still there as shown by this yahapala chap's anger

Basically these 6.2million or less were behind fonseka as well, sometimes foolishness has no boundries when blinded by hatred, i request all yahapalus 6.2million to read something on plotics and learn before doing something, psychology is also something good to learn, we will write more on this with regarrd to right and left brain men later
In democracy,differant ideolgy parties and differant personalities works on common ground.Yahapalana is a symbol of Srilankan identity with differant ethnic and religion groups.In contrast JO is group of racist,thugs and drug lords.

Pohotuwa democratic oriented party!!!!Thatswhy rajapaksa name on TV news say peep,peep,peep.. Very Happy Very Happy Very Happy

Yes We saw the democracy of MR/Pohotuwa at parilament.

Pohotuwa/SLFP Democracy at peak buying MPs for 500Million while innocent civilians dieing for food. Very Happy Very Happy Very Happy

97 Re: #PM Crisis# on Mon Nov 19, 2018 6:49 am

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
බොරු කීමේ කලාවේ පිකාසෝ SB

98 Re: #PM Crisis# on Mon Nov 19, 2018 9:00 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The Speaker who doesn't care two hoots for Parliamentary procedures & standing order is the root cause of the present situation in & outside the parliament.
 
For God Sake if he and his son-in-law wants to see 'Killing Fields" & 'Rambo', they could watch them on DVDs in the lap of luxury hugging each other at their residence and NOT try to watch same 'live' in the parliament.

99 Re: #PM Crisis# on Mon Nov 19, 2018 9:35 am

ranferdi

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@samaritan wrote:The Speaker who doesn't care two hoots for Parliamentary procedures & standing order is the root cause of the present situation in & outside the parliament.
 
For God Sake if he and his son-in-law wants to see 'Killing Fields" & 'Rambo', they could watch them on DVDs in the lap of luxury hugging each other at their residence and NOT try to watch same 'live' in the parliament.

Speaker is rights and acted according to the norms.
The basic cause of the problem is President appointing a priminister which do not have majority of parliament. Now the country as gone with no government. Its a military government since MY3 is keeping 3 forces and Police under him to safeguard the fake government.
Basic and utmost priority of the day is to prove the government has majority and that requirement can override anything in parliament.

The country is already down the drain line having missed lot of incoming funds, donations, and tourists arrivals bookings cancelled, Next sanctions will hit till then Sorisena and MARA can enjoy the utopia.

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

100 Re: #PM Crisis# on Mon Nov 19, 2018 10:00 am

ruwan326

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Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Milinda calls for all-party caretaker govt. for polls
19 November 2018

​​​​​​​


Former Minister and Member of Parliament Milinda Moragoda yesterday in a statement called for an all-party caretaker government to hold elections as a means of a way out of the current political crisis. 

Following is the full text of Moragoda's statement.

Our society has perhaps never been as acutely polarised along class, ethnic, religious, party and regional fault lines as it has now become with recent events. Political developments over the last couple of weeks have further hardened positions and heightened acrimony. One way out of this seemingly impossible quagmire is to hold early parliamentary election under the supervision of a small, all-party caretaker government led by a neutral Prime Minister selected from among existing parliamentary members, who inspires the confidence of all parties.  

If such an individual for the post of caretaker Prime Minister cannot be identified from within the Parliament, an eminent personage of national stature acceptable to all political parties, such as a retired Supreme Court Judge, could be another alternative. Such an individual could be brought onto the National List for this limited purpose.

Following on such an election it is critical that our society undergoes a period of introspection and healing. We must all come together across existing divides and must accept that as a diverse society, there are many different viewpoints and experiences and that not one of us can claim to hold the monopoly on truth or righteousness. Until we all come to accept this reality, we will never be able to move forward as a society.

At a time when our political establishment is in deep crisis, this nation’s religious, civil society and business leaders have an urgent responsibility to set aside their differences and prejudices, move beyond mere rhetoric and act constructively to find a way out of this seemingly intractable predicament. This is Sri Lanka's problem and we need to work out our own solution. 

Unfortunately, throughout our history, we have been unable to resolve our own issues and as a result have had to suffer dearly with the consequences of outsiders interfering in our affairs. If we cannot resolve this problem within a democratic framework, this time too we will have only ourselves to blame and future generations will curse us for our short-sightedness and irresponsibility.

http://www.ft.lk/front-page/Milinda-calls-for-all-party-caretaker-govt--for-polls/44-667152

101 Re: #PM Crisis# on Mon Nov 19, 2018 12:42 pm

ranferdi

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@ruwan326 wrote:Milinda calls for all-party caretaker govt. for polls
19 November 2018

​​​​​​​


Former Minister and Member of Parliament Milinda Moragoda yesterday in a statement called for an all-party caretaker government to hold elections as a means of a way out of the current political crisis. 

Following is the full text of Moragoda's statement.

Our society has perhaps never been as acutely polarised along class, ethnic, religious, party and regional fault lines as it has now become with recent events. Political developments over the last couple of weeks have further hardened positions and heightened acrimony. One way out of this seemingly impossible quagmire is to hold early parliamentary election under the supervision of a small, all-party caretaker government led by a neutral Prime Minister selected from among existing parliamentary members, who inspires the confidence of all parties.  

If such an individual for the post of caretaker Prime Minister cannot be identified from within the Parliament, an eminent personage of national stature acceptable to all political parties, such as a retired Supreme Court Judge, could be another alternative. Such an individual could be brought onto the National List for this limited purpose.

Following on such an election it is critical that our society undergoes a period of introspection and healing. We must all come together across existing divides and must accept that as a diverse society, there are many different viewpoints and experiences and that not one of us can claim to hold the monopoly on truth or righteousness. Until we all come to accept this reality, we will never be able to move forward as a society.

At a time when our political establishment is in deep crisis, this nation’s religious, civil society and business leaders have an urgent responsibility to set aside their differences and prejudices, move beyond mere rhetoric and act constructively to find a way out of this seemingly intractable predicament. This is Sri Lanka's problem and we need to work out our own solution. 

Unfortunately, throughout our history, we have been unable to resolve our own issues and as a result have had to suffer dearly with the consequences of outsiders interfering in our affairs. If we cannot resolve this problem within a democratic framework, this time too we will have only ourselves to blame and future generations will curse us for our short-sightedness and irresponsibility.

http://www.ft.lk/front-page/Milinda-calls-for-all-party-caretaker-govt--for-polls/44-667152

Every government is given term of 5 years, If presidents can declare elections on his own with no valid reason, We will end up with never ending election cycle. Why did Sorisena annulled cabinet and declared election??

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102 Re: #PM Crisis# on Mon Nov 19, 2018 3:45 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ranferdi wrote:
@ruwan326 wrote:Milinda calls for all-party caretaker govt. for polls
19 November 2018

Every government is given term of 5 years, If presidents can declare elections on his own with no valid reason, We will end up with never ending election cycle. Why did Sorisena annulled cabinet and declared election??
President dissolved parliament following the failure of the coalition govt as a damage control measure to save the country from coat & tie wearing thieves who have become very unpopular among the masses as shown in the recently concluded local govt elections held country wide. This was not just a by election held in one district or province BUT countrywide mind you. If allowed to continue for another 2 years there will be nothing left to take in this country. President's decision in order to save the nation is praiseworthy.
Dissolving parliament was done in accordance with the constitution. Ambiguities in the 19th amendment that had even confused the Supreme Court is not President's fault.
At a time the nation is facing a constitutional crisis of this nature that had lead to a deadlock between the Executive & the Legislature it is in order to refer the matter to the people by calling for a general election, as the sovereignty rests with the people and this is what the President has precisely done.

103 Re: #PM Crisis# on Tue Nov 20, 2018 3:30 am

Yahapalanaya

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Vice President - Equity Analytics
Vice President - Equity Analytics
Sri Lanka's new PM may lose budget even as he clings to power

4 MIN READ

  • [url=https://www.twitter.com/share?url=https%3A%2F%2Freut.rs%2F2FESmtc&text=Sri Lanka%27s new PM may lose budget even as he clings to power][/url]
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COLOMBO (Reuters) - Sri Lanka’s newly appointed Prime Minister Mahinda Rajapaksa, who lost two motions of no confidence last week, may lose his government’s budget even as he clings to power.





Sri Lanka's newly appointed Prime Minister Mahinda Rajapaksa makes a joke towards opposition parties seats at the parliament in Colombo, Sri Lanka November 19, 2018. REUTERS/Dinuka Liyanawatte

Lawmakers opposed to Rajapaksa said they intend to remove funding for staff salaries and other costs in a vote on Nov. 29. The opposition, which regards his administration as illegitimate, will also seek approval to slash the government’s overall budget, they said.
It was the latest of several new twists on Monday in the political chaos that has embroiled Sri Lanka for the past few weeks.
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Leaders of political parties backing Rajapaksa and President Maithripala Sirisena refused to allow a third motion of no confidence to be held through name call or electronic voting on Monday. The previous two motions passed through a voice vote but Sirisena said they hadn’t followed the proper procedures.
Sirisena appointed Rajapaksa last month after firing Ranil Wickremesinghe as prime minister, setting off the political turmoil on the island off India’s southeast coast.

Rajapaksa is seen as a close ally of China, though Beijing has denied accusations that it was instrumental in getting him appointed.

Dinesh Gunawardene, a Rajapaksa loyalist, said Wickremesinghe’s coalition had handed a motion “to suspend all government expenses” to the speaker and the parliament secretary.
“According to the previous no confidence motions, both Rajapaksa and his government are out. There is no government, but there are MPs,” M.A. Sumanthiran, a lawmaker who had voted for the no confidence motion, told Reuters.
“The finance of the country is under the control of the parliament. Now we have proposed a motion to stop government finances for the prime minister’s office,” he said.
Ananda Kumarasiri, the deputy speaker of the parliament, established a select committee to carry on parliamentary business before adjourning the house to Nov. 23.






Sri Lanka's newly appointed Prime Minister Mahinda Rajapaksa looks on before leaves the parliament in Colombo, Sri Lanka November 19, 2018. REUTERS/Dinuka Liyanawatte


Unlike last Thursday and Friday there were no physical altercations on the floor of parliament on Monday. On Friday, lawmakers supporting Rajapaksa threw books, chili paste and water bottles at the speaker to try to disrupt the second vote.
Speaker of Parliament Karu Jayasuriya said in a statement that investigations have begun into Friday’s events, including damage that was done to public property in the melee.
The political crisis has hit the economy. On Monday, the rupee fell to a record low of 177.20 per dollar. Foreign investors have pulled out more than 30 billion rupees ($169.5 million) since the crisis unfolded on Oct. 26.
Wickremesinghe loyalists allege that Rajapaksa’s party is trying to buy lawmakers for as much as $3 million each. Rajapaksa loyalists have rejected the allegation.

Getting rid of me risks delaying Brexit - May
Both Sirisena and many Rajapaksa loyalists have said they have the majority in parliament. However, the no confidence motion against Rajapaksa and his government was passed twice by 122 votes in the 225-member parliament.
Most foreign countries, including Western nations, have yet to recognize Rajapaksa as the prime minister.
Last week, eight Western countries stayed away from a meeting with the government to register their protest against Sirisena’s decision to dissolve parliament.

104 Re: #PM Crisis# on Tue Nov 20, 2018 8:36 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Yahapalanaya wrote:Sri Lanka's new PM may lose budget even as he clings to power


COLOMBO (Reuters) - Sri Lanka’s newly appointed Prime Minister Mahinda Rajapaksa, who lost two motions of no confidence last week, may lose his government’s budget even as he clings to power.
This is good news for all, as the parliament will be dissolved following budget defeat. Let the popular alliance/party form a strong govt rather than a hung parliament after people give their mandate at a general election. Precisely what MR+MS wanted right from the beginning of this crisis.
Self realization seems to be a painful process for the UNP.

105 Re: #PM Crisis# on Tue Nov 20, 2018 6:16 pm

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@samaritan wrote:
@Yahapalanaya wrote:Sri Lanka's new PM may lose budget even as he clings to power


COLOMBO (Reuters) - Sri Lanka’s newly appointed Prime Minister Mahinda Rajapaksa, who lost two motions of no confidence last week, may lose his government’s budget even as he clings to power.
This is good news for all, as the parliament will be dissolved following budget defeat. Let the popular alliance/party form a strong govt rather than a hung parliament after people give their mandate at a general election. Precisely what MR+MS wanted right from the beginning of this crisis.
Self realization seems to be a painful process for the UNP.
UNP is ready to face any election under ligitimate government not under illigitimate horu government.Coup leaders do not allow just election even inside parliament.Whole world understand UNP's stand on this.

In this case, if MARA lose, parliament cannot be dissolved before 4.5 years.So next goverment is formed by UNP with majority parliamentarians.Then UNP would go to election at earliest as it doesn't afraid to go before people.

Very Happy Very Happy Very Happy

106 Re: #PM Crisis# on Wed Nov 21, 2018 7:57 am

ruwan326

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Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Next PM  Wink


107 Re: #PM Crisis# on Wed Nov 21, 2018 11:54 am

ranferdi

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@samaritan wrote:
@Yahapalanaya wrote:Sri Lanka's new PM may lose budget even as he clings to power


COLOMBO (Reuters) - Sri Lanka’s newly appointed Prime Minister Mahinda Rajapaksa, who lost two motions of no confidence last week, may lose his government’s budget even as he clings to power.
This is good news for all, as the parliament will be dissolved following budget defeat. Let the popular alliance/party form a strong govt rather than a hung parliament after people give their mandate at a general election. Precisely what MR+MS wanted right from the beginning of this crisis.
Self realization seems to be a painful process for the UNP.

The self realization begins for MARA supporters.. They have lost no-confidence.. Now there is no legitimate government in this country. 
If a budget Is ever to be presented there should be a legitimate government.
Only possibility is speaker complaining to Chief Justice that there is anarchy in country so to vest Presidential powers to Speaker.
The best option is to have Presidential election.

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108 Re: #PM Crisis# on Wed Nov 21, 2018 1:49 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ranferdi wrote:
@samaritan wrote:
@Yahapalanaya wrote:Sri Lanka's new PM may lose budget even as he clings to power


COLOMBO (Reuters) - Sri Lanka’s newly appointed Prime Minister Mahinda Rajapaksa, who lost two motions of no confidence last week, may lose his government’s budget even as he clings to power.
This is good news for all, as the parliament will be dissolved following budget defeat. Let the popular alliance/party form a strong govt rather than a hung parliament after people give their mandate at a general election. Precisely what MR+MS wanted right from the beginning of this crisis.
Self realization seems to be a painful process for the UNP.

The self realization begins for MARA supporters.. They have lost no-confidence.. Now there is no legitimate government in this country. 
If a budget Is ever to be presented there should be a legitimate government.
Only possibility is speaker complaining to Chief Justice that there is anarchy in country so to vest Presidential powers to Speaker.
The best option is to have Presidential election.
The root cause of the crisis 'Karu-maya' becoming President??????????????
People will laugh thro' their back sides!

109 Re: #PM Crisis# on Fri Nov 23, 2018 2:20 pm

ruwan326

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Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Ozzy Man Reviews: Sri Lankan Parliament Brawl .........

110 Re: #PM Crisis# on Fri Nov 23, 2018 3:01 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
With the latest development in the political scene the ASI has already begun to react by shedding 20 points on the first day. The trend is expected to continue and ASI will go below 5000 for sure unless the SC verdict is in favor of parliament dissolution. There too 'one shot' a critic of the judiciary facing a contempt case has firmly stated that the outcome will be 3-2 in their favor.

Following 'one shot's' statement there is a possibility the SC may have 7 judges bench to decide on the issue, as 5 may lead to controversy. However, parliament dissolution will signal green to CSE and against will result in indices nose diving resulting in an unprecedented market crash. The forum discussion could only be centered around whether ASI will go below 5000 or 4000. Be prepared and tighten seat belt for the crash landing!

Invite Maharaja for further comments regarding the present turn of events.

111 Re: #PM Crisis# on Fri Nov 23, 2018 7:13 pm

Yahapalanaya

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Vice President - Equity Analytics
Vice President - Equity Analytics
@ruwan326 wrote:Ozzy Man Reviews: Sri Lankan Parliament Brawl .........

Once again alleged war criminal MARA and his robber gang exposed to world. Very Happy Very Happy Very Happy

112 Re: #PM Crisis# on Fri Nov 23, 2018 8:05 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
PRESIDENT IS GOING TO PUBLISH A BOOK IN JANUARY 2019 THAT WILL EXPOSE THE COAT & TIE WEARING CRIMINALS TO THE WORLD. 

113 Re: #PM Crisis# on Sat Nov 24, 2018 4:46 am

Yahapalanaya

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Vice President - Equity Analytics
Vice President - Equity Analytics
Sirisena and MR fail majority test again





Comments /  81 Views / Saturday, 24 November 2018 00:10


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[size=17] 
Parliament session continues after parlimentarians supportive of MP Mahinda Rajapaksa staged a walkout yesterday - Pic by Shehan Gunasekera
 
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  • UNF receives 121 votes to appoint 7 MPs to Committee of Selection
  • UPFA lawmakers stage walkout, boycott vote in calm P’ment 
  • UPFA member list reduced to 5, UNP also gets 5, TNA and JVP get one each
  • Dinesh rejects Speaker’s decision, says Executive decision should be accepted by P’ment
  • UNP tells UPFA to show majority, JVP insists no confidence motion valid  


 
By Ashwin Hemmathagama, Our Lobby Correspondent
The United National Party (UNP), Tamil National Alliance (TNA), and Janatha Vimukthi Peramuna (JVP) joined forces once again to show that parliamentarians supporting MP Mahinda Rajapaksa do not command a majority in the House when the Selection Committee membership was taken up for vote yesterday.   

As a result of the group backing Rajapaksa staging a walking out as the vote was called, their votes were not recorded. However, the UNP, TNA and JVP together with other constituent parties managed to show 121 votes. This resulted in the United People’s Freedom Alliance (UPFA) being given five slots and the UNP five, as well as one position each for the TNA and the JVP in the Selection Committee. 

Sessions began with Speaker Karu Jayasuriya explaining to the House the reasoning behind his decision to allocate an equal number of seats to both the UPFA and the UNP. 

Unable to reach a final verdict at the party leaders’ meeting held in the morning, Speaker Jayasuriya proposed to include lawmakers Lakshman Kirella, Rauff Hakeem, Rishad Bathiudeen, Mano Ganesan and Patali Champika Ranawaka from the United National party (UNP); MP Mawei Senathiraja from the Illankai Tamil Arasu Kachchi (ITAK); and MP Vijitha Herath from the JVP following the provisions of Standing Orders 136 and 143. With the United People’s Freedom Alliance (UPFA) lawmakers boycotting, the vote was taken by name using the electronic system and received 121 in favour of the appointment.

“The party leaders were unable to reach an agreement in nominating MPs to the Committee of Selection. According to the Standing Orders of Parliament, 12 MPs should be appointed with my leadership to the Committee of Selection. In the absence of an agreement between the party leaders in appointing the members to the Committee of Selection, I will seek House approval to appoint MPs on par with the provisions of Standing Orders 136 and 143,” he said, setting the stage to go for the vote and to confirm the appointment of United People’s Freedom Alliance UPFA MPs Dinesh Gunawardena, S.B. Dissanayake, Nimal Siripala de Silva, Mahinda Samarasinghe and Wimal Weerawansa. Lawmakers Thilanga Sumathipala and Udaya Gammanpila were unable to receive appointments.

Rejecting the Speaker’s move to present additional names to the Committee of Selection and reducing the UPFA nominations, UPFA MP Dinesh Gunawardena now seated on the Government benches held that the Speaker had no right to challenge a decision of the Executive President and should accept changes in the new Government.

“Every Parliament in the past allowed the political party with the highest majority to appoint the maximum number of MPs to Committees of Selection. The UPFA has the majority in this Parliament. On the other hand, the President has appointed Mahinda Rajapaksa as Prime Minister and his Government, which is now in full control of the country and its business. The party the Prime Minister represents will get the majority in the Committee of Selection. This has been the tradition. We will not accept your wrong decision highlighting that there is no government in the country,” said MP Gunawardena.

UNP MP Lakshman Kiriella who was on his feet challenged the UPFA to show its majority in the House if it wanted to establish a government and function without any hindrance from the Opposition. In response UPFA MP Bandula Gunawardane held that the Speaker was violating the Constitution.

Urging the House to accept MP Mahinda Rajapaksa and his team of lawmakers as the legitimate government to continue to act as a government, MP Gunawardena warned the UNF lawmakers and State officer to follow their command. “The Speaker should provide us the right place guaranteed in the Constitution. The Speaker is addressing the Parliament as he would a UNP meeting. We demand you act impartially,” he charged.

JVP Leader Anura Dissanayake rejected UPFA claims of manning the majority in Parliament and establishing a government. Demanding a vote, MP Dissanayake said: “As per Standing Order 114, the Speaker is bound to disregard the Government and the Opposition in appointing members to the Committee of Selection. The no-confidence motion moved and approved in Parliament on 14 November proved that there is no government. You should not allow the President to appoint prime ministers under the moonlit sky. It is the law of jungle and I propose to conduct a vote by name to decide the appointing of MPs to the Committee of Selection.”

MP Dissanayake proposed that the UPFA should bring in a no-confidence motion against the Speaker in the event they found the conduct of Speaker Karu Jayasuriya unconstitutional and in violation of Standing Orders and parliamentary traditions.

On Wednesday, the lawmakers supporting Rajapaksa presented names of seven members to the Parliament Secretary-General as nominees for the Parliamentary Selection Committee. The list included UPFA MPs Dinesh Gunawardena, S.B. Dissanayake, Nimal Siripala de Silva, Mahinda Samarasinghe, Wimal Weerawansa, Thilanga Sumathipala, and Udaya Gammanpila. However, the UNF objected the nominations, citing that the MP Mahinda Rajapaksa-led UPFA did not command the majority in the Parliament and the UNF had a proven majority of 121.

The Committee of Selection is appointed at the commencement of every session to consider the Constitution, number, functions and quorum of sectoral oversight committees and ministerial consultative committees and to report with all convenient speed their opinions thereon to Parliament, and to nominate members to serve on the 12 other important committees. The Committee of Selection consists of the Speaker as Chairman and 12 other members including the leaders of political parties or their nominees to be nominated by the Parliament at the commencement of each session.

The members to the Committee on Parliamentary Business, Committee on Standing Orders, House Committee, Committee on Ethics and Privileges, Legislative Standing Committee, Ministerial Consultative Committees, Committee on Public Accounts, Committee on Public Enterprises, Committee on Public Finance, Committee on Public Petitions, Committee on High Posts, and Backbencher Committee are appointed by the Committee of Selection in Parliament.

With the President summoning the prorogued Parliament to meet on 14 November by virtue of the powers vested in him by paragraph (3)(i) of Article 70 of the Constitution, Parliament was unable to carry out its functions in the absence of an Order Paper and the Agenda, which should have been decided by the Committee on Parliamentary Business.

The political party composition of the eighth Parliament at the commencement stood to include 106 MPs from the United National Party (UNP), 95 from the United People’s Freedom Alliance (UPFA), 16 MPs from the Ilankai Tamil Arasu Kadchi (ITAK), six MPs from the People’s Liberation Front (JVP), and one member each from the Eelam People’s Democratic Party and the Sri Lanka Muslim Congress. 

114 Re: #PM Crisis# on Sat Nov 24, 2018 9:26 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
SC is to deliver its verdict on 7th December and it is likely that the parliament will be dissolved, b'cos  the 19th Amendment consists of ambiguous provisions. In such a situation (constitutional crisis) its prudent to refer the matter to people thro' a general election as sovereignty rests with the people.
 But it is very clear that UNP seems to be highly allergic to face a general election but there is no other alternative. 
The intended book to be published by the President elaborating on what he had to go through the past nearly 4 years with his so called yahapalanaya partner is to be released in January 2019. The copies of english translation should be circulated among the diplomatic corps and international agencies in order to highlight that there is another side to the story.
If the parliament is dissolved the CSE will react positively.

ruwan326

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Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sri Lanka President to appoint panel to probe frauds under Ranil

Nov 25, 2018 

Sri Lanka's President Maithripala Sirisena said he will appoint a commission of inquiry to probe frauds that took place from 2015 under Prime Minister Ranil Wickremesinghe.

President Sirisena triggered a political crisis, by suddenly appointing Mahinda Rajapaksa as Prime Minister on October 26.

President Sirisena said a number of frauds had taken place under Wickremesinghe, which made it difficult for him to continue an alliance.

He said Wickremesinghe and Sagala Ratnayake had also blocked investigations into Rajapaksa regime frauds.

No action had been taken on the finding of large frauds under a commission appointed by him, he said.

Wickremesinghe had also failed to pass amendments to the Bribery Commission Act, which would have 
made it easier to recover funds stolen during the central bank bond scam, he said.

Sirisena said he opposed the appointment of Arjuna Mahendran as Central Bank governor, but to keep coalition peace.


https://economynext.com/Sri_Lanka_President_to_appoint_panel_to_probe_frauds_under_Ranil-3-12716-10.html

116 Re: #PM Crisis# on Mon Nov 26, 2018 12:51 pm

ranferdi

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Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@ruwan326 wrote:Sri Lanka President to appoint panel to probe frauds under Ranil

Nov 25, 2018 



Sri Lanka's President Maithripala Sirisena said he will appoint a commission of inquiry to probe frauds that took place from 2015 under Prime Minister Ranil Wickremesinghe.

President Sirisena triggered a political crisis, by suddenly appointing Mahinda Rajapaksa as Prime Minister on October 26.

President Sirisena said a number of frauds had taken place under Wickremesinghe, which made it difficult for him to continue an alliance.

He said Wickremesinghe and Sagala Ratnayake had also blocked investigations into Rajapaksa regime frauds.

No action had been taken on the finding of large frauds under a commission appointed by him, he said.

Wickremesinghe had also failed to pass amendments to the Bribery Commission Act, which would have 
made it easier to recover funds stolen during the central bank bond scam, he said.

Sirisena said he opposed the appointment of Arjuna Mahendran as Central Bank governor, but to keep coalition peace.


https://economynext.com/Sri_Lanka_President_to_appoint_panel_to_probe_frauds_under_Ranil-3-12716-10.html

He was heading the cabinet himself and appointing panels now. Didn't he know what it means.

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117 Re: #PM Crisis# on Mon Nov 26, 2018 12:57 pm

ranferdi

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Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@samaritan wrote:SC is to deliver its verdict on 7th December and it is likely that the parliament will be dissolved, b'cos  the 19th Amendment consists of ambiguous provisions. In such a situation (constitutional crisis) its prudent to refer the matter to people thro' a general election as sovereignty rests with the people.
 But it is very clear that UNP seems to be highly allergic to face a general election but there is no other alternative. 
The intended book to be published by the President elaborating on what he had to go through the past nearly 4 years with his so called yahapalanaya partner is to be released in January 2019. The copies of english translation should be circulated among the diplomatic corps and international agencies in order to highlight that there is another side to the story.
If the parliament is dissolved the CSE will react positively.

When constitution doesn't have provisions to declare early elections by president its contradictory to refer to people because the mandate was given to PMs to represent people.

MY3 is playing with fire and being a cunning fox, He says he couldn't work with Ranil and UNF, But he came to power with support of UNF. If he left with iota of decency he should have declared Presidential elections and explained people the situation.

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

118 Re: #PM Crisis# on Mon Nov 26, 2018 5:28 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ranferdi wrote:
@samaritan wrote:SC is to deliver its verdict on 7th December and it is likely that the parliament will be dissolved, b'cos  the 19th Amendment consists of ambiguous provisions. In such a situation (constitutional crisis) its prudent to refer the matter to people thro' a general election as sovereignty rests with the people.
 But it is very clear that UNP seems to be highly allergic to face a general election but there is no other alternative. 
The intended book to be published by the President elaborating on what he had to go through the past nearly 4 years with his so called yahapalanaya partner is to be released in January 2019. The copies of english translation should be circulated among the diplomatic corps and international agencies in order to highlight that there is another side to the story.
If the parliament is dissolved the CSE will react positively.

When constitution doesn't have provisions to declare early elections by president its contradictory to refer to people because the mandate was given to PMs to represent people.

MY3 is playing with fire and being a cunning fox, He says he couldn't work with Ranil and UNF, But he came to power with support of UNF. If he left with iota of decency he should have declared Presidential elections and explained people the situation.
A 7 judges bench is to decide on the matter and deliver its opinion on the 7th December. There is clear ambiguity in the provisions as reported by senior legal experts leaving general election as the only option available. CBK too could not work with RW and made serious accusations against RW in 2004. So, this is not something new.
UNF did not nominate MY3 as presidential candidate in 2015 out of love & affection towards him, they did so as there was no other suitable candidate in their camp to challenge MR.
A ruling in favor of dissolution will see a bullish run in the CSE as the outcome at the general election is very well known. All genuine investors should be happy!

119 Re: #PM Crisis# on Tue Nov 27, 2018 8:02 am

soileconomy

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@ranferdi wrote:
@samaritan wrote:SC is to deliver its verdict on 7th December and it is likely that the parliament will be dissolved, b'cos  the 19th Amendment consists of ambiguous provisions. In such a situation (constitutional crisis) its prudent to refer the matter to people thro' a general election as sovereignty rests with the people.
 But it is very clear that UNP seems to be highly allergic to face a general election but there is no other alternative. 
The intended book to be published by the President elaborating on what he had to go through the past nearly 4 years with his so called yahapalanaya partner is to be released in January 2019. The copies of english translation should be circulated among the diplomatic corps and international agencies in order to highlight that there is another side to the story.
If the parliament is dissolved the CSE will react positively.

When constitution doesn't have provisions to declare early elections by president its contradictory to refer to people because the mandate was given to PMs to represent people.

MY3 is playing with fire and being a cunning fox, He says he couldn't work with Ranil and UNF, But he came to power with support of UNF. If he left with iota of decency he should have declared Presidential elections and explained people the situation.constitution





No body knows exactly the  constitution with the changes.even supreme court who interprets the constitution cannot give a correct ruling at this junction.
So dissolving the parliament could be the best practical solution

120 Re: #PM Crisis# on Tue Nov 27, 2018 8:28 am

ranferdi

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@soileconomy wrote:
@ranferdi wrote:
@samaritan wrote:SC is to deliver its verdict on 7th December and it is likely that the parliament will be dissolved, b'cos  the 19th Amendment consists of ambiguous provisions. In such a situation (constitutional crisis) its prudent to refer the matter to people thro' a general election as sovereignty rests with the people.
 But it is very clear that UNP seems to be highly allergic to face a general election but there is no other alternative. 
The intended book to be published by the President elaborating on what he had to go through the past nearly 4 years with his so called yahapalanaya partner is to be released in January 2019. The copies of english translation should be circulated among the diplomatic corps and international agencies in order to highlight that there is another side to the story.
If the parliament is dissolved the CSE will react positively.

When constitution doesn't have provisions to declare early elections by president its contradictory to refer to people because the mandate was given to PMs to represent people.

MY3 is playing with fire and being a cunning fox, He says he couldn't work with Ranil and UNF, But he came to power with support of UNF. If he left with iota of decency he should have declared Presidential elections and explained people the situation.constitution





No body knows exactly the  constitution with the changes.even supreme court who interprets the constitution cannot give a correct ruling at this junction.
So dissolving the parliament could be the best practical solution

When there is no provision to dissolve parliament early and when it is clearly states the government has mandate upto 5 years and option to Pres to dissolve by 4.5 years what else needs to be cleared.

The real problem lies with strange President who says he don't like pri-minister that is why he dissolved cabinet.

If MY3 has left with iota of decency he should have been resigned and declared presidential elections. Then he has option to tell his side of story and ask for re-election.

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

121 Re: #PM Crisis# on Tue Nov 27, 2018 9:43 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ranferdi wrote:
@soileconomy wrote:
@ranferdi wrote:
@samaritan wrote:SC is to deliver its verdict on 7th December and it is likely that the parliament will be dissolved, b'cos  the 19th Amendment consists of ambiguous provisions. In such a situation (constitutional crisis) its prudent to refer the matter to people thro' a general election as sovereignty rests with the people.
 But it is very clear that UNP seems to be highly allergic to face a general election but there is no other alternative. 
The intended book to be published by the President elaborating on what he had to go through the past nearly 4 years with his so called yahapalanaya partner is to be released in January 2019. The copies of english translation should be circulated among the diplomatic corps and international agencies in order to highlight that there is another side to the story.
If the parliament is dissolved the CSE will react positively.

When constitution doesn't have provisions to declare early elections by president its contradictory to refer to people because the mandate was given to PMs to represent people.

MY3 is playing with fire and being a cunning fox, He says he couldn't work with Ranil and UNF, But he came to power with support of UNF. If he left with iota of decency he should have declared Presidential elections and explained people the situation.constitution





No body knows exactly the  constitution with the changes.even supreme court who interprets the constitution cannot give a correct ruling at this junction.
So dissolving the parliament could be the best practical solution

When there is no provision to dissolve parliament early and when it is clearly states the government has mandate upto 5 years and option to Pres to dissolve by 4.5 years what else needs to be cleared.

The real problem lies with strange President who says he don't like pri-minister that is why he dissolved cabinet.

If MY3 has left with iota of decency he should have been resigned and declared presidential elections. Then he has option to tell his side of story and ask for re-election.
If there was no provision to dissolve parliament as what you say the SC would have given a ruling against dissolution. There is a provision (sec 33) relied by MY3 to dissolve parliament and at the same time there is another section (70) which states about two thirds in parliament for dissolution. Now you understand, so don't repeatedly keep on saying that there is no provision. So, when the interpretation can take two different directions what do you do????????????????????????????????????????

The answer is to refer it to the people who are sovereign and who ever forms the govt should correct the anomaly in the 19th A to the constitution. Hope you will now at least try to understand the position.

122 Re: #PM Crisis# on Tue Nov 27, 2018 10:55 am

ranferdi

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@samaritan wrote:
@ranferdi wrote:
@soileconomy wrote:
@ranferdi wrote:
@samaritan wrote:SC is to deliver its verdict on 7th December and it is likely that the parliament will be dissolved, b'cos  the 19th Amendment consists of ambiguous provisions. In such a situation (constitutional crisis) its prudent to refer the matter to people thro' a general election as sovereignty rests with the people.
 But it is very clear that UNP seems to be highly allergic to face a general election but there is no other alternative. 
The intended book to be published by the President elaborating on what he had to go through the past nearly 4 years with his so called yahapalanaya partner is to be released in January 2019. The copies of english translation should be circulated among the diplomatic corps and international agencies in order to highlight that there is another side to the story.
If the parliament is dissolved the CSE will react positively.

When constitution doesn't have provisions to declare early elections by president its contradictory to refer to people because the mandate was given to PMs to represent people.

MY3 is playing with fire and being a cunning fox, He says he couldn't work with Ranil and UNF, But he came to power with support of UNF. If he left with iota of decency he should have declared Presidential elections and explained people the situation.constitution





No body knows exactly the  constitution with the changes.even supreme court who interprets the constitution cannot give a correct ruling at this junction.
So dissolving the parliament could be the best practical solution

When there is no provision to dissolve parliament early and when it is clearly states the government has mandate upto 5 years and option to Pres to dissolve by 4.5 years what else needs to be cleared.

The real problem lies with strange President who says he don't like pri-minister that is why he dissolved cabinet.

If MY3 has left with iota of decency he should have been resigned and declared presidential elections. Then he has option to tell his side of story and ask for re-election.
If there was no provision to dissolve parliament as what you say the SC would have given a ruling against dissolution. There is a provision (sec 33) relied by MY3 to dissolve parliament and at the same time there is another section (70) which states about two thirds in parliament for dissolution. Now you understand, so don't repeatedly keep on saying that there is no provision. So, when the interpretation can take two different directions what do you do????????????????????????????????????????

The answer is to refer it to the people who are sovereign and who ever forms the govt should correct the anomaly in the 19th A to the constitution. Hope you will now at least try to understand the position.

2 third of parliment can vote to dissolve parliament, That I accept in that case it is voluntary. But as what I read I don't think it is permitted Pres to dissolve parliament at any time he wish Section 33 should first refer to fixed term of 4.5 years, That's how I read it. But judges may read it differently or they will also interpret in same lines.

In a democracy parliament is given a mandate for fixed period for a reason, The ones who ask for snap elections are the ones who deplore the elections for their advantage having them province by province and at times that they think it is advantageous.

In the other side if a judgement is given as the adjournment is legal we will be ending up with a cycle of never ending elections, Also any government which is appointed at difficult times to manage economy will austerity will not be able to do their job and bring country to prosper within term because at the end of austerity someone will jump in and ask for elections to grab the opportunity.


What is best is to keep the judiciary un-influenced to take independent decision, But I heard recently BOI has promoted one of the judges wife, Hail Sri Lanka.

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

123 Re: #PM Crisis# on Tue Nov 27, 2018 12:40 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ranferdi wrote:
@samaritan wrote:
@ranferdi wrote:
@soileconomy wrote:
@ranferdi wrote:
@samaritan wrote:SC is to deliver its verdict on 7th December and it is likely that the parliament will be dissolved, b'cos  the 19th Amendment consists of ambiguous provisions. In such a situation (constitutional crisis) its prudent to refer the matter to people thro' a general election as sovereignty rests with the people.
 But it is very clear that UNP seems to be highly allergic to face a general election but there is no other alternative. 
The intended book to be published by the President elaborating on what he had to go through the past nearly 4 years with his so called yahapalanaya partner is to be released in January 2019. The copies of english translation should be circulated among the diplomatic corps and international agencies in order to highlight that there is another side to the story.
If the parliament is dissolved the CSE will react positively.

When constitution doesn't have provisions to declare early elections by president its contradictory to refer to people because the mandate was given to PMs to represent people.

MY3 is playing with fire and being a cunning fox, He says he couldn't work with Ranil and UNF, But he came to power with support of UNF. If he left with iota of decency he should have declared Presidential elections and explained people the situation.constitution





No body knows exactly the  constitution with the changes.even supreme court who interprets the constitution cannot give a correct ruling at this junction.
So dissolving the parliament could be the best practical solution

When there is no provision to dissolve parliament early and when it is clearly states the government has mandate upto 5 years and option to Pres to dissolve by 4.5 years what else needs to be cleared.

The real problem lies with strange President who says he don't like pri-minister that is why he dissolved cabinet.

If MY3 has left with iota of decency he should have been resigned and declared presidential elections. Then he has option to tell his side of story and ask for re-election.
If there was no provision to dissolve parliament as what you say the SC would have given a ruling against dissolution. There is a provision (sec 33) relied by MY3 to dissolve parliament and at the same time there is another section (70) which states about two thirds in parliament for dissolution. Now you understand, so don't repeatedly keep on saying that there is no provision. So, when the interpretation can take two different directions what do you do????????????????????????????????????????

The answer is to refer it to the people who are sovereign and who ever forms the govt should correct the anomaly in the 19th A to the constitution. Hope you will now at least try to understand the position.

2 third of parliment can vote to dissolve parliament, That I accept in that case it is voluntary. But as what I read I don't think it is permitted Pres to dissolve parliament at any time he wish Section 33 should first refer to fixed term of 4.5 years, That's how I read it. But judges may read it differently or they will also interpret in same lines.

In a democracy parliament is given a mandate for fixed period for a reason, The ones who ask for snap elections are the ones who deplore the elections for their advantage having them province by province and at times that they think it is advantageous.

In the other side if a judgement is given as the adjournment is legal we will be ending up with a cycle of never ending elections, Also any government which is appointed at difficult times to manage economy will austerity will not be able to do their job and bring country to prosper within term because at the end of austerity someone will jump in and ask for elections to grab the opportunity.


What is best is to keep the judiciary un-influenced to take independent decision, But I heard recently BOI has promoted one of the judges wife, Hail Sri Lanka.
Relevant Excerpts of Article 33(2) reads as follows:

Article 33
(2) In addition to the powers, duties and functions expressly conferred or imposed on, or assigned to the President by the Constitution or other written law, the President shall have the power –
 (c) to summon, prorogue and dissolve Parliament
unquote:
In the above it is not stated anywhere that 33(2) is subject to any preconditions, hence its a stand alone provision and it clearly states that President shall have the power to summon,prorogue & dissolve parliament.
where does it say that sec 33 should first refer to fixed term of 4.5 years?????????
Does Article 33(2) make any cross reference to any other article??????
The answer is NO.
If the architects of the 19th Amendment had removed 33(2) (c) from Article 33 then of course President could not have dissolved parliament the way he had done.
Hope i have given a clear picture.

124 Re: #PM Crisis# on Wed Nov 28, 2018 10:01 am

ranferdi

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@samaritan wrote:
@ranferdi wrote:
@samaritan wrote:
@ranferdi wrote:
@soileconomy wrote:
@ranferdi wrote:
@samaritan wrote:SC is to deliver its verdict on 7th December and it is likely that the parliament will be dissolved, b'cos  the 19th Amendment consists of ambiguous provisions. In such a situation (constitutional crisis) its prudent to refer the matter to people thro' a general election as sovereignty rests with the people.
 But it is very clear that UNP seems to be highly allergic to face a general election but there is no other alternative. 
The intended book to be published by the President elaborating on what he had to go through the past nearly 4 years with his so called yahapalanaya partner is to be released in January 2019. The copies of english translation should be circulated among the diplomatic corps and international agencies in order to highlight that there is another side to the story.
If the parliament is dissolved the CSE will react positively.

When constitution doesn't have provisions to declare early elections by president its contradictory to refer to people because the mandate was given to PMs to represent people.

MY3 is playing with fire and being a cunning fox, He says he couldn't work with Ranil and UNF, But he came to power with support of UNF. If he left with iota of decency he should have declared Presidential elections and explained people the situation.constitution





No body knows exactly the  constitution with the changes.even supreme court who interprets the constitution cannot give a correct ruling at this junction.
So dissolving the parliament could be the best practical solution

When there is no provision to dissolve parliament early and when it is clearly states the government has mandate upto 5 years and option to Pres to dissolve by 4.5 years what else needs to be cleared.

The real problem lies with strange President who says he don't like pri-minister that is why he dissolved cabinet.

If MY3 has left with iota of decency he should have been resigned and declared presidential elections. Then he has option to tell his side of story and ask for re-election.
If there was no provision to dissolve parliament as what you say the SC would have given a ruling against dissolution. There is a provision (sec 33) relied by MY3 to dissolve parliament and at the same time there is another section (70) which states about two thirds in parliament for dissolution. Now you understand, so don't repeatedly keep on saying that there is no provision. So, when the interpretation can take two different directions what do you do????????????????????????????????????????

The answer is to refer it to the people who are sovereign and who ever forms the govt should correct the anomaly in the 19th A to the constitution. Hope you will now at least try to understand the position.

2 third of parliment can vote to dissolve parliament, That I accept in that case it is voluntary. But as what I read I don't think it is permitted Pres to dissolve parliament at any time he wish Section 33 should first refer to fixed term of 4.5 years, That's how I read it. But judges may read it differently or they will also interpret in same lines.

In a democracy parliament is given a mandate for fixed period for a reason, The ones who ask for snap elections are the ones who deplore the elections for their advantage having them province by province and at times that they think it is advantageous.

In the other side if a judgement is given as the adjournment is legal we will be ending up with a cycle of never ending elections, Also any government which is appointed at difficult times to manage economy will austerity will not be able to do their job and bring country to prosper within term because at the end of austerity someone will jump in and ask for elections to grab the opportunity.


What is best is to keep the judiciary un-influenced to take independent decision, But I heard recently BOI has promoted one of the judges wife, Hail Sri Lanka.
Relevant Excerpts of Article 33(2) reads as follows:

Article 33
(2) In addition to the powers, duties and functions expressly conferred or imposed on, or assigned to the President by the Constitution or other written law, the President shall have the power –
 (c) to summon, prorogue and dissolve Parliament
unquote:
In the above it is not stated anywhere that 33(2) is subject to any preconditions, hence its a stand alone provision and it clearly states that President shall have the power to summon,prorogue & dissolve parliament.
where does it say that sec 33 should first refer to fixed term of 4.5 years?????????
Does Article 33(2) make any cross reference to any other article??????
The answer is NO.
If the architects of the 19th Amendment had removed 33(2) (c) from Article 33 then of course President could not have dissolved parliament the way he had done.
Hope i have given a clear picture.

To me this is like giving you a driving license permits you to drive a car, But still you have to obay 60KMPH speed limit.

I am not a legal expert, If this 33(2) Article is solo standing why was there a another clause saying president cannot dissolve parliament before 4.5 years. In logic first you should adhere to no then comes yes.

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

125 Re: #PM Crisis# on Sat Dec 01, 2018 12:15 pm

ruwan326

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Seems like political crisis going to end soon Wink 

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