Home / Letters to the Editor/ Wijeyadasa and the privatisation of Insurance Corporation

Wijeyadasa and the privatisation of Insurance Corporation


Comments / {{hitsCtrl.values.hits}} Views / Wednesday, 23 August 2017 00:00


01Dear Editor,

I write with reference to my letter dated 16 August on the above subject attached.

I was able to download from the e-book on ‘Sri Lanka Insurance Corporation Privatisation’ by Nihal Amarasekera, the attached four letters dated 9 February 2005 and 11 April 2005 addressed by the Attorney General to Ernst & Young and PricewaterhouseCoopers, putting them on Notice that legal action would be taken for professional negligence and for wrongful conduct causing loss to the Government of Sri Lanka.

The above reveals that the Sri Lanka Insurance Corporation fraud had been investigated and discovered as far back as early 2005, long before the COPE report of 12 January 2007, where Wijeyadasa Rajapakshe is seeking to take credit for the above! What a shameless falsehood to mislead the public?

The question arises as to why the Secretary to the Treasury had not pursued with the above legal actions on behalf of the Government of Sri Lanka?

C. Ramachandra, FCA


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Untruth is the crisis

Tuesday, 13 November 2018

Political language, said George Orwell, is designed to make lies sound truthful, murder respectable, and to give an appearance of solidity to pure wind. Dr. Sarath Amunugama is the subject of this essay. In addition to his current incarnation of a p


Rise, Sri Lankans – our country needs you now!

Tuesday, 13 November 2018

I am sick, tired and bloody fed up of reading and listening to pessimistic tales of woe on the unprecedented crisis we and our country are facing at this dark moment in time. I am also fed up to the back teeth with reading and listening to lamentatio


Ranil abused and subverted parliamentary democracy

Tuesday, 13 November 2018

TIME: What was the immediate reason for calling an election? President Kumaratunga: I was forced into it by a total breakdown of cohabitation in Government. The Prime Minister (Ranil Wickremesinghe) was determined to harass me and chase me out. He ha


The Bench must ensure that the judges will continue to be trusted

Monday, 12 November 2018

In the backdrop of the recent developments and the strong arguments that have been presented against the dissolution of Parliament saying the President has no constitutional power to do so, before four and a half years into a Parliamentary term, as s


Columnists More