LET YAHAPALANA NOT TRIFLE WITH JUSTICE
Philosophers, hedonists, idealists, et al have through the ages tried to sift this evil called crime in an effort to understand every single thread in its vast canvass...and they find that crime is at best an invisible DNA element that runs in the blood of men and women born with that element. It's extensively pervasive in human nature, be it manifested as rape, graft, bribery and all manner of corruption, abduction, incest, whatever else that comes under the broad definition of crime.
This perhaps was why Friedrich Nietzsche sent out the warning that good men, especially those morally obliged to protect society from crime's ills, need to distrust everyone in whom one recognizes an inordinate impulse to punish.
With apologies to Nietzsche, we would qualify that observation with this: What is more pertinent to the study of crime and criminals, is that some are loathe to punish crime that dwells within themselves and their fellow travellers in corporate or public/political life .
This is because they know that at the least impulse, they will allow that tendency the fullest expression in their private or public lives, as the Presidential Commission of Inquiry into the Central Bank Bond scandal exposing. We find that it is predominantly in such men and women that we see and hear of the inordinate impulse to punish not just anyone guilty of crime but very particularly their political opposites.
Let us hasten to add that we are not implying that everyone in the Yahapalana fold is a criminal. But let's face the fact that Nietzsche would have found the rare specimens in the government of Sri Lanka well worth the trouble of a few hours under a magnifying glass.
Let's just say that he'd especially find the lot dragged before the PCoI worthy of the psychiatrist's couch. Why? Because we guess that it's normal for a poverty stricken man to be driven in desperation to steal to meet a dire need such as hunger or an urgent medical need of a little son or daughter. What we see before the PCoI is a bunch of wealthy men and women embroiled in blatant corruption involving insiders in dual functions: Some offering insider securities' market intelligence and others putting through deals which rob poor workers of their hard earned meagre savings in the EPF, selling the Fund bogus shares with incredibly inflated values.
What's unfolding before the PCoI therefore is a saga of deliberately planned 'embezzlement' of State funds and funds in the trust of the State (EPF). We say 'embezzlement' because it has all been done with the connivance of officials and ministers who had direct oversight of those funds in addition to commitment under an Oath of Office to secure the best interests of the State. Instead, what's unfolding before the PCoI is naked embezzlement and evidence of handsome gratifications received in return. What's reprehensible about all of this muck is a slew of attempts by the highest leaders of the country to dilute the massive magnitude of these financial crimes. So much for the pledges of a meritocracy and blatant double-speak about a commitment to good governance.
Irrespective of these attempts at whitewashing major crime, there are a hundred or more securities market operators (primary and secondary dealers) who can be called by the PCoI for further evidence as typo exactly why the CB under Governor Mahendran's watch, issued 15 times more bonds than originally announced and at an interest rate the rest of the market knew nothing about. The PCoI must find out how and why Perpetual Treasuries alone, the Governor's son-in-law's company, stood to gain from the obviously extraordinary offers.
Market watchers are apt to put two and two together and even come up with 22 instead of four...and who can blame them when what's on their minds is the fact that when Ranil Wickremesinghe was the Prime Minister back in 2001, the Governor's father, diplomat Charlie Mahendran, was dispatched by Wickremesinghe as Sri Lanka's Permanent Representative to the United Nations. And because it was a comparatively low profile appointment, no one said anything when Arjuna Mahendran was appointed as Chairman of the BOI at the time. So we have reason to believe that the Premier appointed men to high positions, who had his personal trust and admiration. Fourteen years down the line, Arjuna Mahendran was to be appointed Governor of the Central Bank and Aloysius was almost on cue to resign as Chairman of Perpetual Treasuries to create the scenario in which there would be no legal conflict of interest.
Alas, the skein of a conflict of interest runs through this entire sordid saga.
The PCoI and the AG's Department, have yet to conclude their work. One hopes that integrity will prevail and all criminals be brought to book and that they be stripped of their civic rights.
Solution must be acceptable to Tamils Separate State is not a reasonable request - Former Army Commander, General Gerry De Silva RWP, VSV, USP
- UN damns Lanka 14,000 minors in childcare centres Calls for urgent reforms
- Russia restricts Lanka tea over beetle scare Top-level delegation off to Moscow
- Call to criminalize marital rape Justice Ministry seeks Cabinet approval
- Jumbo killings Armed protection unit to be set up Fines, jail terms to be increased
- Crossovers loom prior to polls
- SC issues notice on Elections Chief
- Jilted SLFP shuns JO forever
- CEB TU threatens strike Gives 18th as ultimatum
- Gnanasara Thera’s request for foreign travel denied
- Chinese envoy says OBOR will take Sino-Lanka ties to new level
- Police Chief in pre-poll warning Errant officers will be dealt with strictly
- Court extends Stay Order on Gota case
- Sriyani as State Minister of PCs and LG JO crossover pledged support for MS
- Rains to prevail Landslide warning to Galle, Kalutara to be reviewed
- BJP lauds ‘Ram Setu’ findings Hits out at critics
- Two held for impersonation at exam centre
- Female Genital Mutilation Advice sought from medical experts
- Hambantota Port to China India raises security concerns
- Indian Air Force Chief at passing out parade
- Statement from the Embassy of the State of Palestine
- Interesting battle at Havelock Park
- Thurstan win inaugural golf tourney
- History making Pulisic US men’s footballer of the year
- Knicks down Nets despite early exit for Porzingis
- 34th Mercantile Individual Tournament 2017 McLarens shuttlers Overall Champions
- Retired Hewitt takes tilt at Aussie Open doubles
- Lamborghini World Final 2017 Malagamuwa finishes third
- Committee clears Thilaka as SL coach
- Basnayake uncontested president at SLCF
- Premier League Club Cricket Primosh scores second ton
- Astron wins again at SLIM NASCO 2017
- NDB brings Santa to the doorstep
- Com Bank opens branch No. 259 in Yatiyantota
- Amãna Takaful relocates Matale Branch
- Lotus Tyres rewards sales agents
- DFCC Bank sponsors 2017 Inter-School Golf Tournament
- Huawei announces Christmas promotion
- Elephant House recognized by Interbrand
- Singer (Sri Lanka) partners with Pan Asia Bank
- Disney deal suggests the Tax bill may mean little for the economy
- Christmas cheer is in the air!
- So, this is Christmas!
- A Time of Gifts Winding up
- Landmine deaths soar in 2016 With record number of child victims monitors
- Unravelling Nietzsche’s ‘death of God’ mystery
- Canada’s pivot to China hits a snag
- Brexit: The UK’s four options
- When the heart calls out, on a starry night
- On eve of climate summit Macron reminds Trump of ‘responsibility to history’
- FGM/FGC Victims speak out
- Wigneswaran sowing seeds of communalism
- SLFP supports devolution of power – Lasantha Alagiyawanna
- If Bond scammers are not prosecuted…President will lose his credibility –Bandula Gunawardena
- All information security issues are not cyber crimes
- We want a change in Muslim representation– Hasen Ali
- Blessed are the peacemakers
- Disinformation campaigns and public mistrust
- Alleged human rights violations Lord Naseby defends Sri Lanka
- Millennials and Marriages
- Abu Dhabi to acquire ‘Salvator Mundi’
- MacOs High Sierra security fix
- Are Lemurs Going Extinct?
- An Echo of Womanhood
- Neecha Dosha of planets and how it is cancelled Neechabhanga Rajayoga
- Vastu defects and bathrooms
- Are you endowed with Pancha Maha PurushaYoga?
- God Aiyanayake: Guardian Deity of Jungle and Village
- Good thoughts eliminate bad planetary influence
- The Disaster Artist: The (un)making of a movie
- Our children and our cinema
- INTERPRETING ASIAN CINEMA: CHALLENGES AHEAD
- How Sanskrit journalism is slowly hogging headlines
- ice manufacturing in South Asia
- CMSC’s season finale concert
- Kite Surfing Lanka Kalpitiya An experience of a lifetime
- Ella and mini Adam’s Peak
- A cave of history -Ravana Cave
- Silvia Senanayake Dazzles at Mrs. Asia International
- Let’s Taco Colombo
- THE WRITER’S KITCHENNETTE MULLED WINE
- Hunger gnaws at Rohingya Children in camps
- Defeating IS Russia has ‘accomplished’ task
- Saudi Princess Ameera Aidan fights sex exploitation
- Hacking into the gate
- Review: A Bad Moms Christmas Relatable holiday humour
- A must watch superhero film!