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Mahinda Rajapaksa urges postponement of national asset sales
May 12, Colombo (Daily Mirror) - Former President Mahinda Rajapaksa has expressed concern over the current government's plans to sell off national assets and state-owned enterprises, calling for the postponement of all such moves until after the next Presidential election, allowing the incoming government to address the issue according to its mandate.
In a statement issued today, Rajapaksa highlighted the discontent among trade unions, political parties, and the general public regarding the ongoing divestiture drive.
Rajapaksa, who served as President from November 2005 to January 2015, emphasized his government's approach towards state-owned assets, stating that they refrained from privatizing profitable enterprises. Instead, they focused on managing prices to ensure economic stability and continued profitability of state-owned enterprises. During his tenure, the country experienced an economic boom, with no discussions of privatization, he noted.
Addressing concerns raised by trade unions and political parties, Rajapaksa called for a nuanced approach towards private sector participation in state-owned enterprises.
While acknowledging the potential benefits of private investment, he cautioned against hasty divestiture, especially in sectors critical to national security.
He emphasized the importance of transparency, national security considerations, and consultation with employees in any restructuring of state-owned enterprises.
As such, Rajapaksa urged both the government and trade unions to adopt a pragmatic and non-dogmatic approach towards privatization, focusing on the overall benefit to the country. He emphasized the need for a government that prioritizes the safeguarding of national assets and strategically important enterprises.
Comments - 87
Comments - Mahinda Rajapaksa urges postponement of national asset sales
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Chryshan Sunday, 12 May 2024 02:22 PM
You ruined all national assets and even the national airline that was running profitable acquired and used like your personal vehicle until it went bankrupt. Idiot must be thinking of coming to power and running amok once again.
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Dawson Sunday, 12 May 2024 09:44 PM
Return all the robbed money before you open the mouth. Shameless crook should be in Welikade prison.. Nobody is interested in your two cents
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Idiotic Decisions Made by The R’ Brothers Sunday, 12 May 2024 09:57 PM
Absolutely- MR didn’t need to sell any assets because he took over a country which was not Bankrupt in 2005. But after MR and his idiotic brothers GR BR rule, they made the country Bankrupt. Showing off those mega projects in their hometown, living and galavanting lavishly using endless loans. Now their Mattala airport and similar other projects are “White Elephant” and incurring endless debts and interest. These projects could have been minimised and loans use for upgrading healthcare facilities, transport facilities etc. That’s why the current regime is forced to take drastic measures like selling off prime assets to cover the payments of debts these morons started.
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Ravi Monday, 13 May 2024 12:05 AM
Only way to bring justice is to elect AKD as a president and he will bring back all assets back and Welikanda hospital no longer be misused
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RV Pillai Monday, 13 May 2024 05:33 AM
Welcome Statement. But Mahinda must tell Ranil the strategy how to bring back stolen money on foreign countries, by killers Sri Lankan economy
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Perera Monday, 13 May 2024 08:51 AM
Ravi, Only fools can believe AKD or NPP could bring back the stolen money soon. In Philippines 35 years after Marcos government was toppled only a very small fraction of stolen money has been so far recovered.
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sach Monday, 13 May 2024 09:34 PM
Sri Lankan arilines was doing fine during MR era
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Hadam Sunday, 12 May 2024 02:24 PM
Fox guarding the hen house. His moto is divide and rule in the name of National Security. Should never be allowed back in power, him or his associates.
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Hora nade Sunday, 12 May 2024 02:29 PM
Because you bankrupted the country, you forfeited you right to the interfere in any policies. You may have a voice if you return the stolen asset.
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ROSH Sunday, 12 May 2024 02:32 PM
If you return the money absorb doing non profit making projects and giving minorities a chance to shine. My country would not be bankrupt
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Amaree Sunday, 12 May 2024 02:34 PM
Is it for you to make a come back and loot the remaining ? Shame on you. We all know how you
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Nodaking kalakanni Sunday, 12 May 2024 02:35 PM
This sell off would not have been necessary if you and your family members didn’t loot and plunder the assets of the country.
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Natalie Sunday, 12 May 2024 02:41 PM
Postpone so that you can share the spoils with your puppet ranil?
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Sales rep broker Sunday, 12 May 2024 02:45 PM
NOTHING TO SALE. ALREADY EVERYTHING SOLD OUT.
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Gvallasamy Sunday, 12 May 2024 02:53 PM
As soon as the Rajapaksas gang has gone and left sri lanka the better our country will become , this one family is responsible for so many problems past present and future
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Gon part Sunday, 12 May 2024 03:06 PM
People know that ranil has already made a deal with Basil , therefore no point in coming out with these nonsensical statements.
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A Pohottu Supporter Sunday, 12 May 2024 03:08 PM
My dear Mahinda Rajapaksa, if politicians who looted Sri Lanka's wealth bring back at least half of their looted money from foreign banks, Sri Lanka will not have to sell its national assets.
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LP Sunday, 12 May 2024 03:09 PM
Look who is talking. .what a cheek
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FredSnr Sunday, 12 May 2024 03:09 PM
Best news in a long time, no hasty divestiture of state assets . Should be handled carefully and divestment considered only as a last resort .And consultation with employees is a very good idea. Who wants to lose a job? Nobody. And strategic assets that's a big No No!
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Danny Sunday, 12 May 2024 03:10 PM
No advice from you can be in the best interest of the nation but your family’s, as per our past experiences and so government should reject it. Please returned all the assets and money your family pilfered so that the nation can recover financially and gracefully retire!
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ACA Sunday, 12 May 2024 03:12 PM
You and your governess made all national assets national liabilities. Such as Srilankan now don’t talk bullshits.
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Sunil Sunday, 12 May 2024 03:24 PM
I thought the government is selling national assets because of no money to repay loans and pay for current expenditure
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jaya Sunday, 12 May 2024 03:24 PM
funny dude.
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Nihal Amarasekera Sunday, 12 May 2024 03:36 PM
Over to you RW or what critics called RR. Or is it too AF (Arraned Fight)
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Anthony Sunday, 12 May 2024 03:36 PM
With all what you did you bankrupt the country too. something wrong somewhere and for bankruptcy proves a point.
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Be Fair Sunday, 12 May 2024 03:37 PM
Trying to make a comeback, make some $$$$ perhaps
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Joshua Sunday, 12 May 2024 03:47 PM
Instead sell this man . Country will benefit
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Pusa Monday, 13 May 2024 08:07 AM
Yes, sell the chap for 2:50 !
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Poor Poor Sunday, 12 May 2024 04:07 PM
He is dreaming that he could come back and he could sell whatever possible and make more money.
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Christo255 Sunday, 12 May 2024 04:15 PM
Time for MR to stop giving his advice. We still remember the UL saga. Just because he could not get a seat on a flight, we now have to pay billions of rupees
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Nihal S Sunday, 12 May 2024 04:16 PM
Hello Rajapakse, "expressed concern over the current government's plans" - is this not your Government? You have started gearing to the elections by talking along popular / nationally significant ideas. The country is forced to sell national assets because of your family decisions to collect commissions, see a number of unjustifiable investments. I hope the people will send you home for good this time.
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sam Sunday, 12 May 2024 04:16 PM
Politicians think no end of themselves. They should get the public opinion before embarking on selling poor mans properties.
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Grace Sunday, 12 May 2024 04:29 PM
Current government means whose government ?. Majority of MPs are from which party?. You are running with a hare and hunting with a hound?
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Yohan Sunday, 12 May 2024 04:35 PM
It is your government know. What a joker. You should be in jail for wasting public money and taking loans at commercial rates to earn heavty commissions
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Upali Sunday, 12 May 2024 04:48 PM
Hasn't he learned as yet that his two cent does not matter any longer?
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Sarath Sunday, 12 May 2024 04:51 PM
No point of trying your usual tricks and trying to put a spike in the wheel at the last moment.
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Malik Sunday, 12 May 2024 04:53 PM
Old man upto his old tricks once again .. national sabotage. We remember how he bribed the LTTE to ensure the north boycotted the presidential election to manipulate his win.
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Ajith Sunday, 12 May 2024 04:54 PM
The economy destroyer opens his mouth!
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Tilak Sunday, 12 May 2024 04:54 PM
Now we know that RW is definitely on the right path!
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Milroy Sunday, 12 May 2024 04:55 PM
This guy doesn't seem to know the difference between selling and leasing. We all know what happens when his policies were carried out.
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Peminda Sunday, 12 May 2024 05:00 PM
He says, they focused on managing prices to ensure economic stability and continued profitability of state-owned enterprises. And that during his tenure, the country experienced an economic boom, with no discussions of privatization. What a croc of shit!
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Lalith Sunday, 12 May 2024 05:03 PM
May be he dreams of his family returning to power one day, and wants these called "national assets" around to stick his family members and party cronies in.
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Srilal Sunday, 12 May 2024 05:04 PM
Sell these 'politicians' assets and public liabilities as soon a possible.
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Dilshan Sunday, 12 May 2024 05:06 PM
Here he steps in again to lay to the gallery. To him national assets would be the likes of 'Mihin Air'. Idiot.
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Namal Sunday, 12 May 2024 05:10 PM
There was no real economic boom. It was a construction booms. The "Buruwa" president in fact run down the exports of the country. The exports were 40% of the GDP, but he brought it down to 25% in his tenure.
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Cyril Sunday, 12 May 2024 05:12 PM
The Government MUST get out of the business of running businesses. It is a significant contributor towards corruption and nepotism.
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DOT Sunday, 12 May 2024 05:13 PM
Simple ; Stop your support. We canno't do anything.
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Janaka Sunday, 12 May 2024 05:21 PM
BR and MR have no control over RW. The vast majo6of Pohottuwa's have bought into RW's economic vision. Wonder who prepared this press release for MR's signature?
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Steve Sunday, 12 May 2024 05:24 PM
Don't delay the sale of your own assets to pay back the country what was robbed.
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Ranapala Narammalage Sunday, 12 May 2024 05:25 PM
C'mom Myna! When you are dying? People are waiting for a big party!! Now talking about national assets - Shangrila was not a national asset? Port city was not a national asset?
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Hiran Sunday, 12 May 2024 05:25 PM
Wonder whether is it because their 'front persons' have been excluded via the very transparent and professional divestiture process in place. May be they are bitter that they could not interfere and manipulate the divestiture for their personal gain, from illgotten gains.
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Lion Sunday, 12 May 2024 05:48 PM
Is this a trick or a statement made by him thinking of the well-being of the country. Given the track record of this man I doubt.
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Vernon Sunday, 12 May 2024 06:09 PM
At least one good thing from the bad
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ANNECUNT Sunday, 12 May 2024 06:10 PM
we are not selling any assets anyway SLPP is not coming to power anytime in sri-lanka
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Rip Winkle Sunday, 12 May 2024 06:28 PM
You're joking, yeah mate? You sold off as many assets as you could. The reason why you didn't sell off entities like Srilankan and SLT was because you and your scrooges were totally happy scrounging off them at every opportunity you'all got. I sincerely hope Ranil sells off entities like SLT cos even though they are profitable, the stealing from within and corruption will never end.
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Sam Sunday, 12 May 2024 07:06 PM
It haseen postponed until our country was bankrupt by his family. Does he really think they know what's the best for our country after bankrunting it.
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A nizam Sunday, 12 May 2024 07:44 PM
Ha haaa.. still dreaming of coming back to power and stealing even more… we know what he did. If srilankans give him even 100,000 votes we will go down in history as the dumbest people in the world.
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You and Your Brother’s Made SL Bankrupt Sunday, 12 May 2024 08:14 PM
You didn’t need to sell any assets because you took over a country which was not Bankrupt in 2005. But after your’s and your idiotic brother’s (Gota and Basil) rule, you idiots made the country Bankrupt. Showing off those mega projects in your hometown, living and galavanting lavishly using endless loans. Now your Mattala airport and similar others are “White Elephant” projects and incurring endless debts and interest. These projects could have been minimised and loans use for upgrading healthcare facilities, transport facilities etc. That’s why the current regime is forced to take drastic measures like selling off prime assets to cover the payments of debts you morons started.
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Sriwardana Sunday, 12 May 2024 08:14 PM
Ranil is a traitor , and so are many others. Our strategic assets are being gradually taken over by India. Learn from the intellectual new leader of Maldives .
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WHEN VOTING VOTE FOR NAMES OF CANDIDATES NOT SYMBOLS. Sunday, 12 May 2024 10:03 PM
NEW LEADER OF MALDIVES PREFERED CHINA TO INDIA, WHICH ENABLED CHINA TO DO THEIR RESEARCH THERE WHEN THEY FOUND OUT WE WERE NOT SUCKING UP TO THEM. WE ALL KNOW HOW CHINA OPERATES. WE ARE SAFER WITH INDIA, THAN WE WILL EVER BE WITH CHINA. ALL WE NEED IS A TOTALLY DIFFERENT GOVERNMENT TO ENBLE US TO MOVE FORWARD.
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Vipula Sunday, 12 May 2024 08:25 PM
May be BR asked ayiya to make this statement as he was unsuccessful in his many attempts to dictate to RW about scheduling and timing of elections. Too bad for them, RW is his own man and cannot be coerced.
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DOT Sunday, 12 May 2024 08:40 PM
Didn’t you know that your past reckless decisions has brought to this level. You made our people poorer but your family circles became billionaires.
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Mandayan Sunday, 12 May 2024 10:28 PM
His gang last attempt to swindle money via outsourcing government visa issuing job to foreign company failed and he preaches in frustration. He was the only greedy politician who after serving as President twice, remains as an MP to oversee swindle.
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pantha Sunday, 12 May 2024 10:38 PM
Who is talking? The man who was solely responsible for the current situation is advising us. He is the richest person. Had he given part of his ill earned wealth to the country we can live happily. Please keep your big mouth shut.
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saman Sunday, 12 May 2024 11:23 PM
Yes dont sell, keep until a Rajapakse is elected to sell and get the commision.
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Stanley Sunday, 12 May 2024 11:29 PM
Nationalize all Rajapakas! We might get our stolen money back.
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Sam Silva Monday, 13 May 2024 01:42 AM
Including their bank accounts and belongings. Also they should be chased out from our country.
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Danny Sunday, 12 May 2024 11:34 PM
You become vociferous whenever Basil is in town. No use this time around. Our assets are in Uganda and Kenya and recently Kenyan President said thanks to you indirectly. He is glad of the investments you made and maintains at the peril of this nation.
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Seyad Sunday, 12 May 2024 11:52 PM
You ruined this country with the big loans and liabilities , so we suffering without any future . seems you want to postpone so, when u guys come to power , you can get commission . please leave us
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MAJORITY OF US HAVE SUFFERED LIKE NO OTHER ERA, IF WE DO NOT GET RID OF THIS LOT WE WILL BE DOOMED FOR DECADES TO COME. Monday, 13 May 2024 12:22 AM
THIS SCUMBAG, HIS FAMILY AND THEIR STOOGES SHOULD BE WIPED OUT OF POLITICS ALTOGETHER. THE RAJAPASKE FAMILY HAS BEEN A CURSE TO THE COUNTRY. ONLY ANURA HAS THE BACKBONE TO GET RID OF SCUMBAGS, CORRUPTION AND ENDEAVOUR TO TAKE THE COUNTRY FORWARD. AS FOR THE FOX, THINK IT IS TIME FOR HIM TO EXIT AND GO INTO RETIREMENT.
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Gt Monday, 13 May 2024 01:20 AM
He has invested alot of taxpayers money in Africa under his or others names, why doesn't he try politics there? Oh coz the people would lynch him on the street if he does to them what he did to sl
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Kevin Monday, 13 May 2024 03:27 AM
Increase salaries of 1.3 million state employees and sell national assets to cover the cost. Funny economics.
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ignatius Monday, 13 May 2024 04:32 AM
Nothing to sell. See who istalking about selling assets. This bugger is senile.
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Suresh Nilan Monday, 13 May 2024 04:53 AM
Sold heart of Colombo and now talking BS.
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sach Monday, 13 May 2024 09:35 PM
what is the heart of Colombo?
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Privatising is the best solution to avoid bankruptcy Monday, 13 May 2024 05:11 AM
Privatising is not selling. It is necessary to privatise to make it profitable. If not bankruptcy is inevitable, once again.
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Andrew Silva Monday, 13 May 2024 05:11 AM
Are these fellows trying to sell Sri Lanka get off you lunatics.
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dana Monday, 13 May 2024 06:13 AM
Why are you believing to be elected again, you are a born crook,now whole country know well their sufferings is due to your wickedness, so why hiding,open up your mind to return nation wealth you stole, that’s the only way you can mitigate cursing of people and die calm
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This name will be with him in his grave. Monday, 13 May 2024 09:34 AM
64 comments, and all of them unanimous in their version of how they feel about Mahinda and his family. Can this fellow walk on the street without ample body guards who are a burden on the public? I have lived for so long, but I have never seen so much of hatred and anger against a past president. Even evil men like Ferdinand Marcos or Idi Amin had a handful of sympathisers at their time. In other words, "This is what he earned."
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S.J. Samarakoon (Former Finance Ministry Accountant) Monday, 13 May 2024 09:51 AM
True you cannot get any commission (20%) from Ranil now so that you voice out. How about the commission you made selling state properties when you were the President.
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Tissa Fernando Monday, 13 May 2024 10:19 AM
Looks like MR and BR have made a deal with AKD.
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Angry Bird Monday, 13 May 2024 11:37 AM
Since day 1, I knew this guy is a big thief, Please never come back to politics, Enjoy your retirement with robbed money in Uganda for god's sake, We do not want to see your face again you Horapaksha.
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sach Monday, 13 May 2024 09:35 PM
like taking dollars in a plane to Uganda? Why does SL have this many fools like you?
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Gamini Monday, 13 May 2024 12:45 PM
MR wants the sale postponed so that one fine day in the distant future if Namal comes to power they can sell it to enjoy the benefits
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Waiting to Milk Everything Monday, 13 May 2024 04:33 PM
Spot on - my sentiments too!
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So much Hatred Towards This Family Monday, 13 May 2024 04:43 PM
Up to now, it’s reached above 80 negative comments! So much hatred towards this family yet they think, feel and dress so highly. Feel sorry for their future generations who will be blamed too. Those followers of them have no shame to be associated with them. Feel they are living in a world of their own and is so mesmerised with it.
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sach Monday, 13 May 2024 09:38 PM
Normally educated ppl in Sri Lanka are very stupid. Especially when they learn English, they become stupider. That is demonstrated in this comment section.
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