Peace for the World

Peace for the World
First democratic leader of Justice the Godfather of the Sri Lankan Tamil Struggle: Honourable Samuel James Veluppillai Chelvanayakam

Thursday, March 28, 2013

The true story unfolds on the resignation of Exchange Commission DG Prof Disabandara as against MaRa’s filthy abuse hurled at him
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(Lanka-e-News -28.March.2013, 7.30PM) The Rajapakse regime is deploying all its resources to hide the true picture regarding the sudden resignation on the 22nd, of Professor Harendra Disabandara , the director general of the SL Securities and Exchange Commission , and paint a falsified impression.

Following he Director General’s promise to present the corruption investigation report to the Parliament COPE Committee on the alleged purchase of ‘The Finance’ shares by the National savings Bank at inordinately higher rates , the President who had got jittery that he will be exposed , has furiously berated the Director general most insolently. . The whole objective of the President now is to camouflage the Professor’s resignation as not compelled but voluntary , and say his tenure of office was to end soon any way. This explanation is of course absolutely funny and fake.

Professor Disabandara had a few days to complete his five year term in office. Such a post after completion of five years entitles him to a pension, rights attaching to the official vehicle and other perks. MaRa had screamed foul at the Professor and asked him to resign just a few days prior to his completion of five years. However , what is painted by MaRa is , ‘ in any case he was to go on retirement.’ This is the most idiotic and ridiculous explanation, for a Director general who has only a few days to retire and secure all the perks and benefits , tendering his resignation ahead voluntarily foregoing all these advantages must either be insane or as moronic as MaRa .

The SL security bonds and exchange Commission is the only Institution which has powers of the Parliament and the courts. This Commission can introduce laws to control exchange and stock exchange . It has also powers of the court to punish defaulters . In every country in the world the exchange control Commission is run by economic specialists and the intelligentsia and every attempt is made to keep it independent.

But in a country that is governed by AliBaba and forty thieves , that is not followed.

When Chandu Epetawela of the exchange Commission who was in charge of the investigation into the corruption charges linked to ‘The Finance- NSB ‘ fraudulent transaction of MaRa ,resigned three months ago, and the charges are instead being heaped on the husband of the former chief justice , the following facts must be taken into consideration :

The stock exchange is now being used completely for the money laundering purposes of the Rajapakse regime. It is akin to a venue for the Rajapakse regime’s extortion activities. It is not governed by any rules or regulations. The Broker Companies of the stock exchange from whom the Rajapakses collect commissions have themselves revealed to Lanka e news about it. This is borne testimony by the fact that for the Carlton rugby sport , the maniacal obsession of the Rajapakse boys , all expenses are met by these Broker companies who are fleeced via extortion.

Meanwhile during the last two years six high ranking officers of the SL security bonds and exchange Commission had resigned. JVP politburo member Anura Dissanayake holding a special media briefing today said , the last of the officers who resigned is Dissa Bandara . Of the 50 shady transactions that took place at the stock exchange , 30 of them are criminally tainted , according to the former Chairman Thilak Karunaratne as revealed by him before the COPE Committee, Anura Dissanayake stated.