header logo
Asia asset finance
Mogo Academy
Latest
BASL urges govt. not to sign MCC agreement
Nov 05, 201911:44 AM
BASL urges govt. not to sign MCC agreement


The Bar Association of Sri Lanka (BASL) today called upon the government not to proceed with the signing of the Millennium Challenge Corporation (MCC) and urged the President to inform the MCC and the US government that it will be rescinded with immediate effect.

 

Issuing a statement, the BASL says it has been reliably informed that the Finance Ministry is in the process of making arrangements to sign the MCC today. 

 

“In our opinion the Finance Ministry has no legal authority to sign the MCC Agreement which contains many more matters other than a simple agreement to borrow money from the lender.”

 

“As explained to the Prime Minister by the BASL in August 2019, the proposed agreement goes much beyond a simple loan/ grant and contains many clauses dealing with land and jurisdiction,” it said. 

 

These are matters clearly outside the purview of the Ministry of Finance and the Cabinet could not have authorized the Minister of Finance to proceed with the MCC, the association said.
 
“It is rather unfortunate that the basic concepts of Governance such as collective responsibility and Constitutional assignment of subjects are not considered at all in arriving at such decisions which have a serious impact on the sovereignty of the Nation,” the statement said.

 

The BASL said it vehemently opposes such a move by the Ministry of Finance and called upon the Prime Minister to honour the undertaking given to them in July/August 2019 that the MCC would not be signed without taking into consideration the observations of the Bar. 

 

The association said it is totally misleading for certain persons holding responsible positions to maintain that the MCC will be placed before Parliament after it is signed. “Such a course of action is meaningless and once signed the Agreement will have a binding effect.” 

 

BASL called upon the PM who is a very senior politician on this country to refrain from proceeding with this move unless sufficient discussion takes place. 

 

“We also urge the President to immediately inform the MCC and the US Government that even of the Agreement is signed it would be rescinded with immediate effect if the signing is done without playing the Agreement before Parliament,” it said.

 

 

 

 

MostRead
Mobitel Upahara
VideoStories
Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Govt. launches island wide dengue control programmes; public urged to stay vigilant

Govt. launches island wide dengue control programmes; public urged to stay vigilant

Farmers stage protests urging govt. to purchase paddy at a fair price

Farmers stage protests urging govt. to purchase paddy at a fair price

Sugeeshwara Bandara arrested over allegations of misappropriating state funds

Sugeeshwara Bandara arrested over allegations of misappropriating state funds

'No one can influence public appointments'  Govt denies officials appointed at Cardinal’s request

'No one can influence public appointments' Govt denies officials appointed at Cardinal’s request

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

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

Lassana Flora