IMF World Bank & Adb Agenda

<I>`Colombo Port Bunkering Privatisation'</I> under IMF World Bank and ADB privatization agenda discloses a scandalous privatization <I>annulled as illegal and fraudulent </I>by a 3-Judge Supreme Court Bench of Sri Lanka presided by Chief Justice Sarath N. Silva; compelling Secretary Finance Ministry / Secretary Treasury P.B. Jayasundera to resign. It involved John Keells Holdings Ltd. <I>an UN Global Compact Co.</I> <I>committed to combat fraud and corruption.</I> </P> <p>It is an <I>`eye opener'</I> on socio-political realities of those holding selected and elected influential and powerful public office including Secretary Finance Ministry P.B. Jayasundera compromising national and public interest with scant regard for the <I>`rule of law'</I> and hollow dictates by international agencies on governance transparency and level playing field. </P> <P> President Chandrika Bandaranaike Kumaratunga in a Memorandum to Cabinet Ministers opposed this privatization. Prime Minister Ranil Wickremesinghe disregarding the President had pushed the deal with his Advisor former Secretary Ministry of Finance R. Paskaralingam; approved by Economic Sub-Committee of Cabinet including Finance Minister K.N. Choksy PC.</P> <P> It reveals condoning of fraud and corruption by confidantes of those at helm in a country; with governments and society uninhibitedly bestowing upon corrupt miscreants even more recognition and position without arraigning them as warranted before the law; President Mahinda Rajapakse re-appoints P.B. Jayasundera Secretary Finance Ministry / Secretary Treasury. Susantha Ratnayake continues as Chairman John Keells and helms Ceylon Chamber of Commerce; appointed Chairman Sri Lanka Tea Board by Government </P> <P> New Chief Justice J.A.N. de Silva and other Supreme Court Judges act to accommodate necessity of President Mahinda Rajapakse when P.B. Jayasundera is permitted to be re-appointed to same powerful position. A sole woman Justice Shiranee Tilakawardena courageously dissents upholding principles of moral turpitude and democracy to keep organs of State within the law - <I>`anyone would balk at such re-appointment'</I>; 2 pages of Judgment suppressed from media.</P>