header logo
Asia asset finance
Mogo Academy
Latest
Report on SAITM recommends elimination of shareholders and management – Harsha De Silva
Oct 26, 201704:34 PM
Report on SAITM recommends elimination of shareholders and management – Harsha De Silva

Deputy Minister of National Policies and Economic Affairs Dr.Harsha De Silva stated that the report submitted by the Presidential committee on SAITM to President Maithripala Sirisena recommended the elimination of the current shareholder and management structure of SAITM.    

 

While responding to a question raised by journalists following an event in Colombo yesterday (25), Dr.Harsha De Silva stated that the report submitted to the President was devoid of bias and in no way favoured SAITM or its management. 

 

The deputy minister responded to the allegations levied against him by student groups who condoned the Presidential Committee stating that the report submitted contains proposals that fulfill the hidden ambitions of SAITM and its management, by stating that in his report, he clearly mentions the fact that the current shareholders and management of SAITM needs to be changed. 

 

He further stated that as a responsible government, the state will not hide behind excuses stating that SAITM was started under the patronage of the Rajapaksa regime thereby ridding the current government of any responsibility.   

 

“SAITM was started under the Rajapaksa government. We can hide behind the fact that it was not our mistake but as a responsible government we are working towards the creation of a solution for the desolate children who are caught in this issue” he said. 

 

Dr.Harsha De Silva further stated that the student groups who accuse him of being bias should review his recommendations and clearly comprehend the meaning of the term ‘abolish’. 

 

“SAITM was started without proper regulation nor standard therefore, we believe that the shareholders and management should be changed to create standards and have effective management. We also believe that private institutions should be given the right to provide higher education within Sri Lanka” said Dr.Harsha De Silva who also confirmed that the President will provide a solution to the issue that will comply with the ambitions of all involved parties. 

 

 

 

 

MostRead
Mobitel 5g
VideoStories
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

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

Sri Lanka bans export of mineral resources without value addition

Sri Lanka bans export of mineral resources without value addition

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Lassana Flora