The People’s Struggle Alliance (PSA) has called on the Sri Lankan Government to publicly disclose the full list of State-Owned Enterprises (SOEs) it plans to shut down, accusing authorities of a lack of transparency in the restructuring process.
Speaking at a media briefing in Colombo on Saturday, PSA member Duminda Nagamuwa criticised the Government for revealing the names of only ten SOEs slated for restructuring in the first phase, despite indications that more institutions are to be affected.
“There are serious issues surrounding these enterprises. For example, Lanka Logistics and Technologies Ltd has previously faced allegations over firearms-related transactions,” Nagamuwa said. “Now that it’s being shut down, the question is: will those allegations also be buried with it?”
He also claimed that another SOE named in the list is facing accusations of financial irregularities, warning the Government against using the restructuring programme to quietly sideline cases of corruption and fraud.
“This is not what the public voted for,” he said, describing the moves as “hasty” and a “betrayal of the public mandate.”
While the Government has maintained that the restructuring of SOEs is essential to improve efficiency and reduce fiscal burdens, critics say the process must be conducted with full transparency and accountability.
No official response has yet been issued regarding the PSA’s demand for a complete list of affected institutions.
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