Opposition Leader Sajith Premadasa yesterday expressed serious concern over the vesting of 40 per cent Kerawalapitiya Yugadanavi power station shares to an American company, New Fortress Energy (NFE) by signing a late night agreement even without the consent of certain key Cabinet ministers.
He assured that this will definitely be taken back to our country’s control under an SJB Government in future.
The SJB leader made these remarks in response to questions made by media on the vesting of 40 per cent Yugadanavi power station shares to an American company following a Cabinet meeting and this clearly shows the Government has violated the rights of people in the country.
Premadasa further said it was the first time in Sri Lankan Parliament history that an important agreement signed by a people elected Government with a foreign investor late night even without the consent of key ministers representing the Cabinet.
He said the country’s important assets belong to people in this country and not politicians or any other individuals and also people have the right to know about the details of whatever agreement signed by the Government with a foreign country or an investor.
It is said that Yugadanavi Power station is the country’s largest power station and according to the agreement Sri Lanka gets the sole ownership of this power station in 2035.
The CEB Engineers Association said according to the agreement the supply of LNG gas also going to them. This situation clearly shows that country’s security is at risk when giving the ownership of the gas supply to them.
“This agreement also betrayed the country such as the Hedging agreement and we are also surprised how majority our Cabinet ministers are quite silent over this unacceptable matter,” he said.
Premadasa said the SJB vehemently condemns the decision of vesting the shares of the Kerawalapitiya Yugadanavi power station to an American based company secretly and said the people are also showing their displeasure over this.
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