Monday, 21 July 2014

Why would Bank of Ceylon want to open branches in Seychelles & Solomon Islands?

Why would Bank of Ceylon want to open branches in Seychelles & Solomon Islands? Why does Mihin Air fly to Seychelles?
Despite their stated Vision of “Bankers to the nation” and the Mission - “Extending banking service to larger society as a beneficial beacon in the country” it’s not so difficult to understand which ‘nation’ or the ‘section’ of the Sri Lankan society Bank of Ceylon is trying to serve with their recent opening of a branch in Seychelles.
With a population of 90,024 and rated as the highest income inequality country in the world, Seychelles has less than 100 Sri Lankans living there. Seychelles is also considered as the money laundering base in Africa and a haven for dirty money! There have been several investigations on reported money laundering cases in Seychelles including by the former Ukrainian President. Anyone can verify these facts with a bit of internet research.
Bank of Ceylon is also looking at opening a branch in Solomon Islands, which has a population of 549,598 and may not have a single Sri Lankan among them. The World Bank says Solomon Islands, one of the poorest countries in the Pacific, had a GDP per capita of US$ 2,068 in 2013, compared to US$ 9,736 of Sri Lanka. It’s no mean a country to engage in any profitable banking business. However with its well established offshore financial services / tax-heaven banking systems, Solomon Islands is a popular destination for many Sri Lankan politicians!
Ask yourselves why Bank of Ceylon is opening branches in countries that have none or paltry Sri Lankan population? Wouldn’t it serve a better good if branches are opened in countries from where the bulk of Sri Lanka’s foreign exchange US$ 7 Billion per year is earned, especially in the Middle-East? It would be most appropriate now for Bank of Ceylon to add “Assisting predatory politicians to conceal their masses of illegally gotten money” to its Mission statement.
Why does Mihin Air Fly to Seychelles? The next would be that they will fly to Solomon Islands as well. Central Bank / other banks regularly repatriate foreign currency notes in bulk through air(lines) as a part of their normal business. It doesn’t have to be legitimate but with absolute power and control, so can they!

Wednesday, 16 July 2014

Jean Paul Adam Admits Dirty Money Through The Back Door

Call renewed to investigate money laundering via Seychelles 
July 17, 2014 2:00 am
By Mario Andree

Ceylon FT: An opposition lawmaker charged that the government and Central Bank were silent over allegations that influential Sri Lankans could be using Seychelles as a transit point to launder money into Swiss bank accounts. Earlier, Seychelles Foreign Ministry refuted such allegations, but did not discount under-the-table deals.

UNP MP Dr. Harsha De Silva, a trained economist, said yesterday (16) that he had called on the government and Central Bank to look into the matter. "There is information that money is being laundered and authorities need to look into this very seriously," he said.

Dr. de Silva highlighting the decline of Sri Lankan deposits in Swiss banks to 83 million Swiss Francs from 87 million Swiss Francs previously also comes with the sudden increase of deposits from Seychelles to three billion Swiss Francs from 1.7 billion Swiss Francs.

According to a recent report in Seychelles, the country's foreign minister Jean-Paul Adam said, "We have all the mechanisms in place, meaning if there are any suspicious transactions we have the mechanism as well as cooperation with other countries, to investigate. We have the financial intelligence unit (FIU) that has intervened in several cases where money has been transferred here illegally and seized the money and in some cases repatriated the money to foreign governments and companies that were making accusations against the companies."

However, Adam also admitted that backdoor operations were taking place. "It does not mean, I want to be clear, that there aren't people who are misusing the structures in place, there are always those who try to find ways to go through the back door instead of going through the legal channel, but more and more we can see that with the structures we have in place the chances of them being successful is minimal."

Dr. De Silva questioned the reasons behind Sri Lankan State Banks opening branches in Seychelles (90,000 population) and scheduling regular flights by state budget carrier Mihin Lanka. 

Jean Paul Adam, Here Is The Evidence That Validates The Truth!

Dr Harsha de Silva, MP is a Sri Lankan economist and politician. A current member of Parliament of Sri Lanka, he has gained lime light as a media personality hosting several talk shows relating to development and international matters. In the recent years he voiced his opposition to the economic policies of the current government.[1]
Educated at the prestigious Royal College Colombo, he gained his BS in Business Management from Truman State University in 1988 and went on to complete his MA and PhD in Economics at the University of Missouri in 1993. He has also participated for an executive program on evaluating social programs at the Massachusetts Institute of Technology in 2006 as an Eisenhower Fellow.[2]
As an economist he worked for the DFCC Bank, going on to become its chief economist and treasurer. Thereafter he was the co-founder and Joint Managing Director of The Nielsen Company.
Dr Harsha De Silva's Press Conference in Colombo

Proof of money laundering via Seychelles

Tuesday, 15 July 2014

Soap Opera of Ex - Rene Thug - Do not mess with us!

Pascal Chetty James Michel should be ashamed of himself. Michel needs to apologize for the coup.

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    Hansel Laljee Robert, I have known you for a long time, when you were still at Seychelles College, we used to play basketball and volleyball at the gymnasium .
    All this time we were friend and remained friend after you joined the armed forces.
    I feel the pain that you have to apologise publicly for your role in the armed forces.
    You are a decent person.
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    Jean-Marc B Lablache Good on you Mr Ernesta.
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    Judy Chang-Him ''The healing of my people come first and foremost'' isn't that powerful! This means a lot for all the victims n their families. I truly admire your courage to come forward, you are a beautiful soul. Thank you Mr Ernesta. God will help you through.
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    Kathleen Pillay Well done Robert. You will have the respect of many for this gesture. Let's see whether others can walk the talk for a true healing of our people allowing everyone to "move on".
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    Charles Zialor Good one so we all have to follow the path that robert had taken thats is the true reconsilt god bless u my friend
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    Serge Rouillon Sorry guys but the reality of our country is we are ruled by the ignorant materialistic mentality who believe more in covering up the dirt of the past under the carpet and now asking us to help them to show the outside world a happy face- repentance and humility is not on the agenda for these people. Instead they look for symbolic smokescreens in fake monuments gestures and speeches.

    Jean-Marc B Lablache I agree with u Nikol Roz. Nu bezwen a sak moman kestyonn konportman lentansyon motiv politisyen. Unfortunately they get away literally with murder. Non mon pa viktim vi ki in dir piblikman I pare pu cooperate si mon ti en viktim mon ti pu met li dan en sityasyon kot I ti pu walk the talk.
  • David Pouponneau Mr. Ernesta i believe was a powerful personnel within the inner circle of the SPDF.He must surely recall the short lived army rebellion during the early 80's and its aftermaths.
  • Jafar Tall I read the article with interest but cannot actually see what he is apologising for? Being paid by the Seychelles Govt? What acts did he do? I cannot just forgive and forget....say it all, say it loud and be truthful. This is, in my humble opionion, just a ploy to gain favour on his own ambitions....did he have a hand in the abuduction of my Father and counteless others? Did he torture, mame and kill? A brief newspaper apology is court is where this needs to take place? How does he recompense for the 35+ years of hurt? Can I bury my father? this stage NO.

    If you have the balls to whisper to the newspaper to further your own political interest, say it out loud, you need no court to have your airing. You are a liar and a coward. If you had a hand in the abduction of my father you will never ever be forgiven, enjoy your special place in the hereafter. I suggest you go confess to a priest but absolution from me is very unlikely. Your hands are likely stained with blood, I hope it resonates and shines brightly in your darkest of hours. We are all given free will - what we choose to do is up to us, no one forced you to do the acts you allege you did but not actually saying it. Think hard before you open your mouth again.

    If you are so brave now - why wait? There will never be reconciliation because the Government will not let it. So...what next? Suggest grow a pair or crawl back and receive your stipend from your paymasters.
    11 hrs · Unlike · 4
  • Hatim Tall Well said dear brother. Why dont you bring down the house of cards? We wait with baited breath. Somehow i think you will try to find some solace by say something buy like any politician you know they are lying their lips are moving. Grow a pair and stand up blow the lid name names and lets see what will happen. Please excuse me if I don't hold my breath waiting.

    The supporters of Ernesta are mainly his family and Boulle camp who he works for.
    Seems SNP is bashing him to now finish him off.
    Ernesta holds a lot of information.
    If he wants forgivness, it should not be so fast.
    He needs to come clean with all information.
    He must offer himself to Justice for his crimes done under the color of law and state authoritarianism.
    Christopher Gill,
    Leader of Seychelles Freedom Party.
  • Monday, 14 July 2014

    We're on our way - Nwa pe vini

    Monday, 14 July 2014 - 17:00 | Download hirunews 
    Sri Lanka Foreign Bureau states that they have completed necessary measures to send Sri Lankan professionals to Seychelles.

    According to a statement released by the Foreign Bureau, several jobs including Accountants, Management positions in administrative fields as well as experienced English teachers are available in Seychelles.

    A preliminary meeting was held today between Seychelles ambassador and Chairman of Foreign Bureau regarding the matter.

    Senadhilankara said that Lankan workers will secure a large number of employment opportunities in Seychelles. He said that many employment opportunities are available in the tourism sector in that country.
    This was revealed during the discussions held between the Chairman and the Seychelles Ambassador Waweil Williams at the SLBFE. Mr Senadhilankara said that the Sri Lankan skilled workers could obtain employment in tourism and hospitality industry.

    The Ambassador acknowledged that there is a employment potential in the growing construction industry in Seychelles too and Sri Lankans could avail those opportunities. Other areas of interest mentioned during the discussions include accountancy, administration and management.

    Chairman said that the possibility of sending English teachers and educationists also would be explored. Ambassador said Seychelles wanted skilled workers from Sri Lanka and any employee should be trained before sending for employment.

    A Memorandum of Understanding (MoU) between the Governments of Sri Lanka and Seychelles, was signed at Temple Trees in the presence of President Mahinda Rajapaksa and President of Seychelles James Alix Michel during the latter's visit to Sri Lanka. Foreign Employment Promotion and Welfare Minister Dilan Perera signed the MoU on behalf of Sri Lanka, while Seychelles Foreign Minister Jean Paul Adam represented his country.

    According to the MoU, Sri Lankan workers, in future, would find jobs in the fields of tourism, travel, education, business and marketing in Seychelles. Job seekers could forward their applications on a date announced by the SLBFE through approved official employment agents.

    The Ambassador invited Mr Senadhilankara to pay a visit to Seychelles.

    Sunday, 13 July 2014

    Breaking News

    It is reported that State House is keeping some Madagascar ants in its
    garden.These ants are big very large, and collect in colonies of a few
    thousand at a time.They are known to burrow into tree logs and eat
    other bugs. They are also red and are known to eat trees and even rubbish.
    It is reported that these ants are most prolific at the State House 
    News Agency.The Brain of these ants according to scientist is very small. 
    Because of this they pose a particular danger to the health welfare and
    general well being of the country.