Why was Sri Lanka bankrupt? Many people have given the following reasons for it.
- Corruption of the Rajapaksas
- Falling into the Chinese debt trap
- Corruption of the 225 parliamentarians
- CBSL bond deal
- Failed projects like Nelum Kuluna,Mattala,Hambantota Port
Sri Lanka went bankrupt with none of the above. As the entire system failed Sri Lanka went a bankrupt. But Sri Lankan media turned garcinia into wild meat. They said that the reason for the downfall of Sri Lanka is the corruption of the politicians.
The real reason for the country’s bankruptcy can be written in 4 lines.
- Spending thrice more than government revenue
- Spending twice worth of dollars, what we received
- Maintaining a welfare economy instead of a production economy
- Instead of adopting the Checks & Balances System, one power pillar propped another
In developed countries, people usually see the policy, legitimacy, and productivity of the expenditures in the annual budget. People in Sri Lanka only ask for reducing the price of goods and increasing wages. The situation during an election is no different. Srilankans are seeking a luxury life by doing nothing. But they forget that they are getting such a life by loans taken from foreign countries at high interest. In the consumption, they keep mum over ROI and pay back. This is the real reason for the bankruptcy. And media concealed the true picture.
There are 4 great power pillars in a state, namely executive, legislature, judiciary, and media. Sri Lankan media didn’t notice the beam in their own eye nor even notice a speck of the others. They were greedy for the commercials and boons received from the government and other parties. Accordingly, instead of the truth, they popularized falsehoods. The media failed more than 225 Parliamentarians. Journalists are corrupted more than Parliamentarians.
In order to build the country, The Ass In Lion’s Skin as well wolf in sheep’s clothing must be exposed. Many people think that the book titled ‘Chaura Rajina’ is written in good faith. But it is a deal. The Sundayleader revealed that Chaura Rajina is a political conspiracy launched by Basil, Kumar Rupasinghe, Victor Ivan, and Keerthi Ratnayake ( The writer). Read the link below. https://web.archive.org/web/20200117184028/http://www.thesundayleader.lk/archive/20070304/issues.htm
After this revelation, Victor Ivan made a big fuss, saying that he would sue the SundayLeader. The SundayLeader editor challenged and asked Ivan to sue. But Ivan skipped off because the story disclosed by Sundeleader was true. Read the link below.
http://archives.sundayobserver.lk/2007/04/29/new21.asp
It was Victor Ivan who introduced the ‘extortion media art’ to Sri Lanka. A number of journalists including Uwidu, Janaranjana, Rekha Nilukshi, Sunil Jayasekara, Gamini Viyangoda have written that Ivan is a corrupt body. But at the institutional level, the media did not expose Ivan. Therefore, the damage that happened to Basil did not happen to Ivan. In fact, Chaura Rajina Book is not a revelation about Chandrika but a cheap political game played with Mahinda.
In the recent You tube conversation with Chamuditha, this writer said that Victor Ivan hid the accident of former Air Force Commander Weerakkodi. Subsequently, Ivan wrote a long reply justifying himself. This writer is the one who informed said the accident to Ivan around 4 am on the same day, but Ivan did not write it. After one week Ivan was compelled to write it, as I went to meet Lasanta Wickramatunga. Further, Lasanta phoned Ivan right in front of me and asked about the call given to him around 4 am, with a grin at him.
Rackets such as Tawakkal, and Channel 9 in the Chandrika era come to light due to the positive intentions of parliamentarians. A CID report at that time said, 50% of exposures against Chandrika were covertly handled by Rajitha Senaratne. A country needs a system, that the failure of one power pillar to be observed by another. But the situation in Sri Lanka is different. Journalists in Sri Lanka are typically wolves in sheep’s clothing. Further Victor Ivan is a rat who boards the ship first and gets all benefits from the executive and is first to leave the ship when it sinks.
Ivan, who got off Rajapaksa’s ship, is now trying to board Ranil’s ship. it is worthy to note, that the poor example set by Victor Ivon badly affects the media industry. It led to the downfall of the media. Victor Ivan is not a media hero but a traitor. The weakening of the media pillar had a clear and decisive impact on the collapse of Sri Lanka.
