Listing State-Owned Enterprises

Wednesday, 22 March 2017 00:11 - - {{hitsCtrl.values.hits}}

With reference to Ravi K’s ‘commendable’ decision to list SOEs, raising $ 1 billion to plump up Government coffers needing extreme resuscitation, then reading an excellent exposé of the CEB who are to be the saviours of the nation from blackouts and sustainable development, and having read and heard the three Ministers (Ranjith S, Ajith P and Champika) referred to at various times during the present and past regimes (they cling like barnacles to rocks) pontificating on the efficiency of the CEB and subsidiaries to the utter disbelief of the consumer.

Jemuel 17-LTT Chandrakumaran dissects with surgical precision the ineffective, inefficient, gargantuan entity, haemorrhaging massive losses to the Treasury. Sickeningly shocking in its revelations.

How dare Ministers (ministering to themselves and their leaders) make proclamations ignoring this hideous situation? In another democracy they would have been sacked forthwith and held accountable with dire consequences. Communist regimes will not tolerate this gross misleading and misappropriation of public funds. No questions asked, imprisonment.

«No freaking clue to what is going on within the ministry» and freaking clueless, or lying through their teeth or both.

What in the ‹blistering barnacles› is Ravi K thinking, of listing bankrupt, top-heavy, politicised to the core, sleeping inefficient SOEs?

Who for goodness sake will invest, with a 51% Government stake holding!? Maybe investors from Fonseka›s Panama Papers. No questions asked?

I wonder what the sanctimonious IMF has to say. Good riddance of bad rubbish!

Dilkie Umagiliya