FR Petition filed against Selendiva Investments

June 30, 2021

Fundamental Rights Petition filed against Selendiva Investments. An engineer filed a Fundamental Rights petition at the Supreme Court yesterday, seeking an Interim Order prohibiting the Treasury Secretary from selling, leasing, or alienating state properties vested in Selendiva Investments Limited Company or any of its subsidiaries. This petition has been filed by Secretary of the Professionals National Front of Sri Lanka (PNF) G. Kapila Renuka Perera. According to the petitioner, SelendivaInvestments Ltd was formed following a Cabinet approval granted on or around March 24, 2020, with 100 per cent ownership vested in the Secretary to the Treasury, to transform the State-Owned Hospitality Portfolios to optimum performance levels through appropriate restructuring. Filing this petition through Attorney-at-Law Dharshana Weraduwage, the Petitioner states that, on or around the 18th of May, 2021, he witnessed a press briefing on cabinet decisions which included information relating to several approved proposals including; State-owned Canwill Holdings (Pvt) Ltd, Hotel Developers (Lanka) PLC and Hotels Colombo Ltd have been already vested in Selendiva Investments Ltd at present. The petitioner also feared that it would cause irreparable harm to the country's cultural heritage, as some of the properties to be vested with Selendiva Investments Ltd are said to be historic and architecturally valuable buildings that are listed to be preserved in the City of Colombo Development Plan 1999. If the cabinet decision is executed, the petitioner and the citizens of this country will lose access to important historical, archaeological, and architecturally valuable sites located in the aforementioned territories, the petitioner said. The petitioner has named Prime Minister Mahinda Rajapaksa, Treasury Secretary S.R. Attygalle, the Director-General of Department of Public Enterprises P.A.S. Athula Kumara, Selendiva Investments Limited, Auditor General W.P.C. Wickremaratne, Security and Exchange Commission of Sri Lanka, Colombo Stock Exchange, the Registrar General of Companies, Hotel Developers (Lanka) PLC, Hotels Colombo (1963) Ltd, Bank of Ceylon, CanwillHoldings (Private) Limited, Sri Lanka Insurance Corporation Ltd, The Monetary Board (CBSL), Litro Gas Lanka Ltd, Urban Development Authority, Secretary to the Cabinet, SelendivaLeisure Investments Limited and Attorney General as respondents.

FR Petition filed against Selendiva Investments

RELATED NEWS

Government moves to ease prison overcrowding as remand population falls, Justice Minister says

Man arrested over alleged transfer of Rs. 24.85 billion in foreign currency abroad

Court hands 200-260 year jail terms over 2019 Easter attacks

15 found guilty in Sri Lanka Easter Sunday attacks trial

Government moves to ease prison overcrowding as remand population falls, Justice Minister says

Man arrested over alleged transfer of Rs. 24.85 billion in foreign currency abroad

Court hands 200-260 year jail terms over 2019 Easter attacks

15 found guilty in Sri Lanka Easter Sunday attacks trial

Supreme Court says 22nd Amendment does not require referendum

Supreme Court says 22nd Amendment does not require referendum

When an oil shock reaches Sri Lanka

Around 150 Cabinet decisions aligned with NPP manifesto, PAFFREL says

Government plans to increase funding for school sports development