Imf, World Bank & Adb Agenda on Privatisation Volume Ii: ‘Dubious Deals’ in Sri Lanka What a Paradox !, Volume 2This 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. |
Contents
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 |
Common terms and phrases
1St Respondent Air Lanka Ltd Alpha Airports and/or approval Asia Pacific Asirwatham benefit Cabinet Memorandum Cabinet of Ministers Chairman Chandrika Bandaranaike Kumaratunga Chief Government Valuer Colombo Colombo Stock Exchange Commission Meeting Company defined Director duty free Emirates Airlines Enterprise Reform Commission Evaluation Committee financial first foreign GOSL Government of Sri investment issue Jayasundera Lakshman Kadirgamar land Letter dated LIOC locomotives Mangala Samaraweera Member Member Member Ministry of Finance negotiations net present value Office officer Official ofthe operations Orient Lanka Ltd Pakistan Parliament of Sri payment People’s Alliance Government Petitioners Plantation President Chandrika Bandaranaike privatisation transaction profit proposal Public Enterprise Reform Purchase Agreement Ranil Wickremesinghe Sale Secretary sector Shareholding of Orient Shares Special Presidential Commission specifically Sri Lanka Telecom Supreme Court tariff telecommunications telecommunications tariffs Thawakkal Ltd transparency Treasury United National Party valuation Weitnauer World Bank