Imf, World Bank & Adb Agenda on Privatisation Volume Ii: ‘Dubious Deals’ in Sri Lanka What a Paradox !, Volume 2

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AuthorHouse, Nov 21, 2011 - Political Science - 596 pages
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This Book dramatically spotlights with real case studies, the truism and reality, that politicians aspire for high political office, campaigning vociferously, avowing commitment to combat fraud and corruption, exploiting the economic anguish of poverty stricken people, however upon assuming political power, pathetically such avowed commitment becomes hypocritical hollow rhetoric, with them appallingly getting bogged down in the quagmire of corruption, vehemently castigated and denounced! Reality is that politicians are funded and and assisted by lackeys at elections, resulting in politicians getting obligated to lackeys, blatantly seeking returns on funding and support, at the expense of the abject poor. Case studies dealt with appallingly reveal that the idealistic agenda of IMF, World Bank and ADB pushing privatization only germinates the breeding of corruption, with such institutions becoming mere spectators, compromised to be viewed, as having aided and abetted in corruption, publicly denounced by them, ironically providing alleviation schemes for the upliftment of the abject poor. Fraud and corruption at the highest echelons in Government, involving international parties, are shockingly revealed, with intriguing diplomatic interventions. It is an unbelievable revelation from the stage of lofty idealism to the sublime apathy of deception, complicit with duplicity and hypocrisy, in enforcing the law unequally against opponents for political expediency, whilst those wielding power, themselves, have brazenly acted otherwise, perpetrating offences of much greater gravity, including also shielding lackeys and cronies. Amazingly, the highest judiciary, castigating corruption, upholds the dire need for governance and enforcement of the rule of law, including against the highest in the country. Brilliant in-depth research into real human behavior and wheeler-dealing in the upper echelons of Governments-an ideally invaluable Book for academics and professionals interested in political science, human behaviour, governance, public finance, commerce, rule of law, forensic accounting and privastisation, and for public interest activists.
 

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Contents

Chapter
1
FORESIGHT ON DEBACLE
27
Chapter 3
47
Chapter 4
65
Chapter 5
82
Chapter 6
104
Chapter 7
142
STEEL CORPORATION TO DOOSAN GROUP SOUTH KOREA
149
Chapter 9
173
Chapter 10
225
AIR LANKA TO EMIRATES AIRLINES UNITED ARAB EMIRATES
249
Chapter 12
256
PART OF PETROLEUM RETAIL MARKET TO INDIAN OIL CORPORATION LTD INDIA
306
Chapter 13
332
GOLF COURSE FIASCO WATERS EDGE SUPREME COURT JUDGMENT
352
Chapter 15
375

Chapter 8
155
TEXTILES MILL TO KABOOL CO LTD SOUTH KOREA
162
SUPREME COURT JUDGMENT ON PRESIDENTS RETIREMENT BENEFITS
392
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About the author (2011)

Nihal Sri Ameresekere, F.C.A. (Sri Lanka), F.C.M.A. (United Kingdom), C.M.A. (Australia), C.F.E. (United States), i s a Member, International Consortium on Governmental Financial Management and a Member, International Association of Anti-Corruption Authorities, Former Advisor, Ministry of Finance and Chariman, Public Enterpriwe Reforms Commission Sri Lanka. He functioned as Senior Consultant on World Bank and USAID funded public sector economic reform projects.

A multi-disciplinary professional, exposed to private and public sectors, and a public interest activist, with wide international exposure. Not a legal professional, yet has appeared in person before the Supreme Court, successfully advocating public interest litigations. He is a forensic accounting investigative specialist. Has dispassionately spoken on matters of nations and public interest. Ardently upholds the sacred precept, that public property is solely of the people, and managed in fiduciary trust by governments; transgression of which he has committedly combated.

Has published exposes into transactions carried out, under the aegis of IMF, World Bank and ADB privatization agenda, incisively analyzing real case studies, exposing the shockingly dubious manner, in which privatizations have been perpetrated by the highest levels, disclosing the alarming indifference of international developmental agencies, completely eroding public confidence, crucial for meaningful privatization, to foster a free economy, characteristic with transparency.

He emphasized that 'economic terrorism' germinates 'armed terrorism', resulting in violation of human rights. 'Concerns of humanity, transcends interests of nationality', he propounds; and that poverty alleviation schemes merely replace, at the cost of the poor, their own resources pillaged and plundered by socio-politically influential. Politicians vigorously campaign on election platforms, vociferously decrying fraud and corruption, vowing stringent action thereon. However, upon assuming office of government, get bogged down in the very quagmire of fraud and corruption, invariably peddled by powerful multinationals- as lucidly demonstrated through a series of other publications on his real life experiences thereon .

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