Parliamentarian Sumanthiran has pointed out that the Supreme Court judgment holding the then President, ministers of finance, governors of the Central Bank, secretary to the Treasury, advisor to the President, one member of the monetary board, and the monetary board itself responsible for the collapse of the economy is a significant finding that will have a major impact on the ongoing probe into economic crimes in Sri Lanka.
He is also saying that the failure of the court to order those found guilty to pay compensation is a missed opportunity.
Sumanthiran is also critical of the fact that Dr. P.B. Jayasundara, who was found guilty of corruption by the Supreme Court in 2007, was later appointed Secretary to the Treasury by then President Mahinda Rajapaksa. He says that this is just one example of the corruption that has taken place in high places in Sri Lanka.
Sumanthiran’s comments are likely to add to the pressure on the Sri Lankan government to take action against those found responsible for the collapse of the economy. The Supreme Court judgment is a major victory for the opposition and civil society groups that have been campaigning for accountability for economic crimes.