Daya to go before int’l tribunal

10 November 2011 09:31 pm - 12 - {{hitsCtrl.values.hits}}

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Sevanagala Sugar Industries Ltd., owner Daya Gamage said yesterday he would go before an international tribunal to seek redress over the government’s plan to acquire his assets through the new act passed in parliament on Wednesday.

The government has listed for acquisition 37 business ventures, which it considers as having underperforming and underutilized assets.

Mr. Gamage, the United National Party (UNP) organiser for Ampara, said three fundamental rights petitions had been filed in the Supreme Court on his behalf and that after the court rulings were announced he would decide on his next step about going before an international tribunal.

He said he bought the sugar company when it was privatized in 2002 and added that according to the agreement he had to retain 700 employees and continue purchasing sugarcane from 4,200 farmers who were depending on the venture for their livelihoods.

“I honoured the agreement. The government had undertaken to hand over 469 hectares of land to the company within two years after the privatization. But it was not done and I had to go to court. President Mahinda Rajapaksa signed it in only in April. The government took nine years to honour the agreement whereas I did it immediately,” he said.

Meanwhile an international tribunal had ordered the Ceylon Electricity Board (CEB) to pay one million US dollars to a Malaysian company for the misplacement of some aluminum cables supplied by them. The incident took place in 2009.

Economic Development Minister Basil Rajapaksa told Parliament on Wednesday that the company had violated its agreement signed with the Board of Investment.

He said the sugar company managed to get those lands by twisting the arms of President Mahinda Rajapaksa.

“The President did it because of his respect for the independence of the judiciary,” he said. (By Kelum Bandara)

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Comments - 12

akashi Friday, 11 November 2011 03:32 AM

good luck sir, you are a beacon of hope in this banana republic ruled by thugs

Gwen Friday, 11 November 2011 05:00 AM

Very good. That's the way to go Daya. Don't take this nonsense from these rogues. No one should.

ASFAR Friday, 11 November 2011 05:48 AM

oh my god..........what is happening in sri lanka ?

kudu Friday, 11 November 2011 06:12 AM

good luck.

AMG Friday, 11 November 2011 06:18 AM

THINGS WILL WORK OUT?

sara Friday, 11 November 2011 06:42 AM

Its unpatriotic to produce Gal Arrack from sugar.!!!

legal eagle Friday, 11 November 2011 06:41 AM

Way to go Sir . Way to Go!!!

Daniel Friday, 11 November 2011 01:07 PM

Do only "traitors" consume alcohol?
None forces anyone to drink alcoholic beverages.
Gamage had honored all agreements with the government.
This is a vedetta by the government against those who do not support it.
What is the solution for the massive losses, fraud & wastage by 259 state enterprises state enterprises.
This needs to be tackled first.

Anil Friday, 11 November 2011 01:49 PM

Teach these crooks a lesson. They think they are above the law.Let them go back to their original profession which is farming, as they know nothing about how run a country leave alone business, and leave the businessmen to do their own business. Enough is enough for thuggery and party politics.

ampare son Friday, 11 November 2011 01:56 PM

daya is right hand ampara people. i feel sorry for him. triple gem bless you sir.

Samantha Friday, 11 November 2011 04:15 PM

It seems like only yesterday that it was Prabhakaran who we called a megalomaniac..

wendy Wednesday, 23 November 2011 04:40 AM

i support you

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Daya to go before int’l tribunal

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