Sri Lanka’s former Prime Minister Mahinda Rajapaksa and his brother, and Sri Lanka’s former President, Gotabaya Rajapaksa.
| Photo Credit: REUTERS

Sri Lanka’s powerful Rajapaksa clan, which suffered political battering due to the country’s worst economic crisis in 2022, will launch its political comeback bid on Sunday by targeting the impending elections.

Former President Gotabaya Rajapaksa, ex-Prime Minister Mahinda Rajapaksa and former Finance Minister Basil Rajapaksa were ousted from power during anti-government protests following the crippling financial and political crisis in 2022.

The ruling Sri Lanka People’s Front of the Rajapaksas, commonly known by its Sinhalese name Sri Lanka Podujana Peramuna (SLPP), will hold a public rally later in the day in the north central rural town of Thalawa, party member and former Minister SM Chandrasena told reporters.

He said that Mahinda Rajapaksa would inaugurate the rally, aiming to prepare the party grassroots for the major elections — the presidential or the parliamentary.

“We will start our campaign to gear the party for whatever the election that comes first,” Mr. Chandrasena said.

According to the Election Act, the presidential election should occur before the parliamentary elections. The next parliamentary election is not due before August 2025.

On Wednesday, President Ranil Wickremesinghe reiterated his intention to hold the presidential election this year ahead of the parliamentary election.

The SLPP, however, wants the parliamentary election ahead of the scheduled 2025 date.

Earlier this month, the Elections Commission said the presidential election would be conducted at a date between September 17 and October 16.

The SLPP is yet to announce its candidate, while the two major opposition camps have already announced their presidential candidates.

The SLPP went into hiding after the massive street protests began in early 2022, which caused the resignation of the then-President Gotabaya Rajapaksa.

The SLPP was forced to elect arch-rival Wickremesinghe to serve the balance term of Gotabaya Rajapaksa.

One of the SLPP Members of Parliament was killed by an angry mob. The properties of nearly 100 other party seniors were set on fire in the outpouring of public outrage over their inability to handle the economic crisis.

Wang Wenbin. File
| Photo Credit: ANI

Sri Lanka on October 11 welcomed China’s tentative agreement to a debt restructure, as the island nation works to restore its ruined finances after suffering its worst-ever economic crisis.

The government defaulted on its $46 billion debt last year at a time when months of food and fuel shortages were making life a misery for Sri Lanka’s 22 million people.

Beijing is the island’s largest bilateral lender and its consent is needed for any proposal by Colombo to reorganise its finances.

Deputy Finance Minister Ranjith Siyambalapitiya said approval had now been granted by the state-owned Export-Import Bank of China, its official creditor. “China has issued their primary consent to restructure our debt,” he said in a statement.

Chinese Foreign Ministry spokesman Wang Wenbin told reporters on Tuesday that the bank had “tentatively agreed” with Sri Lanka on its debt treatment in late September.

“We are also glad to see that other creditors are having discussions with Sri Lanka as well over solutions to its debt issue,” he added. Neither party shared further details of the agreement.

China holds about 52% of the South Asian nation’s bilateral credit, with Japan and India the next-biggest lenders. Beijing had in March given in-principle agreement to a restructure of its loans to Sri Lanka, the final major creditor to do so.

That decision cleared the way for a staged $2.9 billion International Monetary Fund bailout, conditional on austerity measures such as tax hikes and cuts to generous public subsidies.

But a second tranche of $330 million was delayed last month, with the IMF saying it was still reviewing “financing assurances” from creditors on the detailed debt restructure plan Colombo proposed in June.

Sri Lanka’s central bank governor Nandalal Weerasinghe is this week in Morocco for a meeting with creditor nations and the IMF that does not include China.

“The IMF’s Sri Lanka mission chief Peter Breuer said the lender had “not yet been informed about any specific agreements” with creditors,” Bloomberg reported.

At the peak of last year’s crisis, months of civil unrest forced the ouster of then President Gotabaya Rajapaksa when protesters stormed his residence.

Ranil Wickremesinghe. File
| Photo Credit: AP

Dismissing the possibility of an international probe into the 2019 Easter terror attacks, Sri Lankan President Ranil Wickremesinghe has reiterated that such an investigation into the incident was not permissible under the country’s law.

Responding to Sunday’s editorial in the Catholic Church’s Messenger newspaper titled “An international investigation team is needed for an independent, transparent, and thorough investigation and monitoring”, the President’s Media Division (PMD) said, “We cannot endorse the idea of international investigations into Sri Lanka’s internal matters.” “The Constitution of Sri Lanka and all other existing laws do not provide for conducting international investigations. Consequently, carrying out such investigations would be in violation of the law,” a press release by the PMD said on October 6.

Nine suicide bombers belonging to the local Islamist extremist group National Thawheed Jamaat (NTJ) linked to ISIS carried out a series of devastating blasts that tore through three Catholic churches and as many luxury hotels in Sri Lanka on April 21, 2019, killing nearly 270 people, including 11 Indians, and injuring more than 500.

The issue of the Easter attacks and its political undertone resurfaced in early September when the U.K.’s Channel 4 television station aired a documentary titled ‘Sri Lanka’s Easter Bombings – Dispatches’, alleging the involvement and complicity of certain government officials, including intelligence service chief Major General Suresh Sallay, in orchestrating the 2019 Easter suicide bombings.

It called the attacks a “crafted act” aimed at forcing a political change in favour of the then-powerful Rajapaksa brothers.

Gotabaya Rajapaksa announced his candidature three days after the attacks and was elected President seven months later. His elder brother Mahinda Rajapaksa was also the country’s former President and Prime Minister. Both Rajapaksa brothers were forced to resign last year amidst the unprecedented economic crisis in the island nation.

“The Minister of Public Security, Tiran Alles, spoke to the Catholic Bishops Conference on Thursday and was informed that the Rev. Father Harold Anthony was in the process of studying a voluminous presidential commission report on the Easter attack investigation that had been delivered to him in April,” the press release said. It added that Mr. Wickremesinghe would meet the Catholic Bishops conference after they study the report.

During a fiery interview with the German state-owned broadcaster Deutsche Welle (DW) against the backdrop of Channel 4’s allegations last week, Mr. Wickremesinghe dismissed the Channel 4 revelations and said that Sri Lanka will not have any international inquiry into the Easter blasts. “It is out,” he said.

“The Sri Lankan government does not have international investigations. Full stop. Few people may want (it), but the Parliament doesn’t,” he said.

A prime panel headed by retired Supreme Court Justice SI Imam was appointed by Mr. Wickremesinghe to investigate the British channel’s allegations. The Opposition, however, blames the President for going back on his earlier pledge to let Scotland Yard investigate the 2019 attacks.

They claim that Mr. Wickremesinghe is reliant on the support of the Rajapaksas to remain the President and, therefore, would not initiate an inquiry which could expose those behind the attacks. The attacks led to a significant political change in Sri Lanka. It has emerged that the then authorities had ignored prior intelligence on the attack by Indian intelligence agencies.