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Last Updated : 2024-04-23 22:35:00
9 December 2016 03:38 am - 16 - {{hitsCtrl.values.hits}}
The National Freedom Front (NFF) yesterday urged the Secretary to the Ports and Shipping Ministry to refrain from signing the agreement to sell the Hambantota Port to a Chinese company which was scheduled to be signed yesterday and warned him of the consequences, threatening that he would be the first person answerable before the FCID when a new government comes to power.
Addressing a media briefing, NFF Leader Wimal Weerawansa said the government was in a mission to sell off a valuable national resource to the China Merchants Holdings Company and added that it would directly affect the future generations of the country.
“The Hambantota Port was constructed at a total expense of USD 1,691 million by the former government and the Sri Lanka Ports Authority. After signing the agreement 80 per cent of the port would be owned by the China Merchants Holdings Company and only 20 per cent of it would be owned by Sri Lanka,” he added.
He said China Merchants Holdings Company had expressed intention to own the Hambantota Port on a 99 years lease by paying USD 1080 million as a down payment to Sri Lanka.
Meanwhile, he said the Ports and Shipping Minister, the port authority Chairman and the Sri Lanka Ports Authority’s Board of Directors were against this move.
“Therefore, the government made their way to move ahead with this agreement with China by presenting a cabinet paper, offering the Secretary to the Ports and Shipping Ministry with the powers to sign the agreement,” he added.
He said the country’s economy would also be at risk with this step and added that it would be a competitive threat to the Colombo Harbour. (Kalathma Jayawardhane)
pradeep Friday, 09 December 2016 08:49 AM
Better protect your home and other things first Viagraya might come again , there are only few fools believe your lies now.
gobbaya Friday, 09 December 2016 09:27 AM
SLPA incurred an expense of USD 1691Million but who financed it if USD 1090 Million is being converted to equity and getting paid as down-payment it surely improves the liquidity position via DM Android App
Ranger Thomas Friday, 09 December 2016 09:29 AM
I have a suggestion to make on your comments. Why cant you stop all your baseless crap and go 'scrap' yourself.
Katie Friday, 09 December 2016 09:32 AM
what is this empty vessel shouting so much, what did they do with the premises where the Shanghai hotel and Galle Face is constructed and the Krish.
Leo Friday, 09 December 2016 09:35 AM
Wimal we have the same feeling if wanting you scrapped from SL. via DM Android App
buwa Friday, 09 December 2016 09:48 AM
Are they going to keep the FCID with the Dream government to form via DM Android App
Kaboos Friday, 09 December 2016 10:10 AM
So Hon Wimal weerawansa has faith on FCID. Double Dutch talk.
Citizen Friday, 09 December 2016 10:31 AM
Hey Wimalasena. Didn`t you say to MR constructing Hambanthota Port was a threat to Colombo Port at that time?
nalaka Friday, 09 December 2016 10:52 AM
NFF wants the loss making venturers to continue to make loss
Mood Fix Friday, 09 December 2016 11:07 AM
He's shouting because of hunger.. give him a 'lemon Puff'
Saman Friday, 09 December 2016 11:17 AM
This uneducated fool has no idea whatsoever about economics.
Wise Donkey Friday, 09 December 2016 11:34 AM
People in glass houses should not throw stones at others!
Kadiya Friday, 09 December 2016 11:40 AM
Why doesnt' the scream " Scrap Viagra"?????
Ajantha Friday, 09 December 2016 12:04 PM
There is no problem. Please transfer the debt payable to China to the personal account of NFF so that they can pay back starting from tomorrow. Are you happy NFF. This is a gold mine.
TONY Saturday, 10 December 2016 10:51 AM
IS THIS A LEASE OR SALE??? THERE IS A BIG DIFFERENCE BETWEEN THESE TWO WORDS WIMAL
abdul Saturday, 10 December 2016 01:42 PM
you and your party should be scrapped
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