header logo
Asia asset finance
Mogo Academy
Latest
VIDEO: Mervyn calls for nationalization of ‘unsuccessful’ parties
Nov 04, 201103:39 PM
VIDEO: Mervyn calls for nationalization of ‘unsuccessful’ parties

Minister Mervyn Silva says that a new law should be introduced for the government to take over ‘unsuccessful’ political parties and parties which mislead the public, similar to the proposed nationalization of under-performing private companies.

Criticizing opposition parties for remarks made against the Revival of Under-performing Enterprises and Under-utilised Assets Act, which is scheduled to be presented to parliament next week, he said:

“A new law should be introduced to Parliament to inquire into all unsuccessful parties, parties which mislead the public, parties that tattletale to imperialists in Europe, parties that encouraged the LTTE. And the whole lot of these parties should be taken over by the government.”

Mervyn requested that he too be made a part of it, by appointing him as an official for taking over these parties.

The outspoken Minister of Public Relations and Public Affairs stated that there cannot be losses or any breakdowns in businesses during President Mahinda Rajapaksa’s rule.

If the country’s economy is to be developed, the standard of companies has to increase, he stressed “be it private or state-owned institutions.”

Mahinda Rajapaksa’s government and cabinet paved a way for all businessmen to come up, he told a gathering at an event held today (Nov. 04) in Kiribathgoda.

“This government is like the rivers Mahaweli, Kalani, Walawe, Kalu. I say that because it is these four rivers that drive the country towards prosperity.”

“It is from these rivers that new businesses spawn.” the Minister expressed.


 

 

 

MostRead
Mobitel 5g
VideoStories
Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Political debate intensifies over Suresh Sallay detention and CID conduct

Political debate intensifies over Suresh Sallay detention and CID conduct

Court of Appeal to consider Former President Gotabaya Rajapaksa’s petition tomorrow

Court of Appeal to consider Former President Gotabaya Rajapaksa’s petition tomorrow

 Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

 “Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

“Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

 Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

CID informs court of probe into contempt allegations against six persons including ex-Ministers

CID informs court of probe into contempt allegations against six persons including ex-Ministers

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

El Niño expected to gradually impact Sri Lanka, experts warn

El Niño expected to gradually impact Sri Lanka, experts warn

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Special Dengue Prevention Week in Colombo from June 15 to 21

Special Dengue Prevention Week in Colombo from June 15 to 21

Lassana Flora