Sakwithi Ranasinghe, the popular English lecturer is missing. So is the money he is said to have borrowed from the investors. Lanka Dissent claims the amount to be Rs. 4.5 billion (US$ 45 million). Guess it is an exaggeration. That is too big. When somebody wanted to help Hambanthota the amount he thought adequate was a mere Rs. 92 million – just one fiftieth of that. So actually if he flicked such a large amount (which I do not think)
I cannot understand why Sri Lankan public is so gullible. Sakwithi Ranasinghe was reported to pay his depositors an interest of Rs. 4,200 – 7,200 per month for a capital of Rs. 100,000. That is Rs. 50,400 – 86,400 for a year or 50% to 86% annual rate. You don’t have to be a fund manager to understand there is something fishy. Nobody can survive for long paying such huge interest rates. They should have known. Now it might be too late.
I don’t blame Sakwithi Ranasinghe entirely. The country has reached a level that everybody started taking robbing as the norm. If P. B. Jayasundara uncle can survive after Supreme Court founding his guilt for such a high level of corruption, why not Sakwithi Ranasinghe follow? Should somebody who was found his hand inside cookie-jar be given the responsibility of running the national air line? Should somebody who ought to spend his time in jail for the financial crimes committed be sent to foreign missions?
Pity that Hambanthota uncle still maintains a soft corner for all the crooks under the sun. Perhaps we shouldn’t blame them. Birds of a feather, as they say, get together. Should one just chase off a brother from family just because the latter takes 25% from every deal? I guess not. Blood is thicker than water, and one needs money to ensure one’s sons enjoy the cooler climate in Britain while the poor godayatik village boys fight and die to save the nation for them to rule one day.
Finally, why call Sakwithi Ranasinghe a crook, when there are so many crooks around us? Why blast one crook and vote for the other crooks?
Article By
Ajith P Perera
United National Party
bandaragama.wordpress.com
I cannot understand why Sri Lankan public is so gullible. Sakwithi Ranasinghe was reported to pay his depositors an interest of Rs. 4,200 – 7,200 per month for a capital of Rs. 100,000. That is Rs. 50,400 – 86,400 for a year or 50% to 86% annual rate. You don’t have to be a fund manager to understand there is something fishy. Nobody can survive for long paying such huge interest rates. They should have known. Now it might be too late.
I don’t blame Sakwithi Ranasinghe entirely. The country has reached a level that everybody started taking robbing as the norm. If P. B. Jayasundara uncle can survive after Supreme Court founding his guilt for such a high level of corruption, why not Sakwithi Ranasinghe follow? Should somebody who was found his hand inside cookie-jar be given the responsibility of running the national air line? Should somebody who ought to spend his time in jail for the financial crimes committed be sent to foreign missions?
Pity that Hambanthota uncle still maintains a soft corner for all the crooks under the sun. Perhaps we shouldn’t blame them. Birds of a feather, as they say, get together. Should one just chase off a brother from family just because the latter takes 25% from every deal? I guess not. Blood is thicker than water, and one needs money to ensure one’s sons enjoy the cooler climate in Britain while the poor godayatik village boys fight and die to save the nation for them to rule one day.
Finally, why call Sakwithi Ranasinghe a crook, when there are so many crooks around us? Why blast one crook and vote for the other crooks?
Article By
Ajith P Perera
United National Party
bandaragama.wordpress.com
