Gajalakshmi Paramasivam

18 December   2016

The Third Eye

Questions are being asked about the apparent wealth accumulated by Sri Lankan Minister the Hon Sajith Premadasa. As per Colombo Telegraph article ‘How Did Sajith Premadasa Amass So Much Wealth? Petition Seeks To Clarify’:

‘A group of lawyers, retired politicians and concerned citizens have now convened to compile a dossier of information pertaining to the mass of wealth acquired by the current Housing and Construction Minister Sajith Premadasa and will be submitted to the Bribery Commission for investigation shortly.

It is still to be established if these monies now lavishly being spent are black monies that belonged to his late father or if they are the ill gotten wealth that Minister Sajth Premadasa has acquired since entering into politics in 1994.’

As an Accounting student I learnt that such are ‘incomplete’ records which are often completed later to show True and Fair view through the Balance Sheet. In the above example, the level of income would be worked out as per Expenditure. On the other hand, if the records pertain to receipts and one is not able to balance it through expenses  and assets – one could arrive at the conclusion that the person has been cheated. Often in terms of Aid monies – the place/group/person with the need falls into this category. Where the need is genuine, the value of cheating experienced by the donor would be equal to the value of cheating experienced by the receiver. This is not apparent but is known intuitively by ‘insiders’.

In my article ‘Et Tu ICA Sri Lanka – I quoted as follows:

‘As per Economy Next report -  ‘Sri Lanka accountants adopt new code to expose corporate crime’:

[Sri Lanka’s rule-setting accountants’ body has adopted new international guidelines under which finance professionals, including auditors, are obliged to report wrongdoing in companies they audit or work for, setting aside confidentiality requirements in the public interest.
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) said it has decided to adopt the “Responding to Non Compliance with Laws and Regulations” standard, known as NOCLAR, when it becomes effective internationally from 15th July 2017.
This will ensure that Sri Lanka is in line with the latest international ethics standards, it said in a statement.
The announcement was made on Thursday by CA Sri Lanka President Lasantha Wickremasinghe while addressing audit committee members and board directors at an awareness session on changes to the reporting on audited financial statements, held at the institute.]

There has been no response from the Sri Lankan ICA and only an acknowledgement from  the Australia-New Zealand group.

If NOCLAR  standards are practiced – and the Auditor General reported any deficiency to the People through Parliament,  non-compliance and / or breaches without evidence – the intuitive value of the institution/profession/nation would be weakened.

Academics at the University of NSW said to me ‘confidentially’ that I had good ‘insight’. It is this ‘insight’ that helps us connect to each other internally, without needing to show the outside world. Our connections with each other are through: ‘Truth, investment in Common Laws, Rules and Processes and through the Seen and the Heard’. In an institution – say for example the Sri Lankan Ministry of Housing & Construction, Non-Compliance would be measured  by the Minister more for internal purposes and by the Auditor General as an external. Cohesion between People is developed through internal forces and together National cohesion is achieved. If the Auditor General connects to the minds of staff of the Ministry and intuitively feels that  actions by Management amount to Non-Compliance – as per the Auditor’s measure – but it cannot be proven through objectively measurable evidence – any public  reporting becomes unethical due to the measures used by Audit staff differing from the measures used by Management and weakening of the cohesion forces. It’s like in family where the Common Truth strengthens intuition and helps internal correction and balancing. It is this ‘internal’ strength that binds families and institutions ‘internally’.

In the case of Minister Premadasa’s father’s wealth – if the then Government failed to ‘correct’ and/or balance ‘internally’ – any wrong doing gets carried as ‘sin’ which can only be invoked by someone with investment in good governance at a level deeper than the seen and the known – i.e. – intuitive connection with the previous generation. That would invoke the sin in current form.  The measures used back then cannot be directly used during current period – due to the Truth of those who manifested the outcomes being different to the Truth of those who are observing the manifestations. Time also makes us ‘external’ observers and hence yesterday’s facts cannot be measured to form reliable relativity through today’s Measures.

In the case of LTTE for example – the measures used by Tamil leaders to assess them would be different to the measures used by the Government due to this ‘internal’ factor. Like Mothers in families, Leaders who are able to balance weaknesses internally – would prevent wars. When leaders  take early action to ‘show’ they contribute to Separation. This suits rebels who are looking for a fight to ‘show wins’ and hence their contribution does not come ‘home’ to strengthen Commonness.

It is reported that [the Sri Lankan President conceded to a request from "Mrs Sasikala" to permit 100 Tamil Nadu fishermen to attend the Katchatheevu church festival could be her first political "achievement".]

Such approval is in breach of the limitations of Administrative Authority – given that Mrs. Sasikala does not hold the appropriate position of Authority in Tamil Nadu Government. That is lowering of Administrative standards and would amount to Non-Compliance. Is the Sri Lankan Auditor General required to act on that information to protect the investment in Administration pathway from getting infected by  Political influence of another nation? Tamil Nadu politics is strongly influenced by Tamil Cinema. The way prior period transactions are dealt with separately – manifestations of other nations need to be dealt with separately. It is disappointing that this was not followed in the above matter.

Excessive fault finding leads to lower level authorities finding fault without ‘insight’ and hence ‘revenge’ attacks which develop as wars. Sri Lankan leaders need to prevent this downward trend which promotes lower level exposures of wrong doings before facilitating ‘internal’ healing. Tamils who also reacted at the lowers levels – contributed to Separation forces without Independence as the soul of the new units. Providing ‘status’ to one without Administrative borders – is the parallel of former Chief Minister of Tamil Nadu funding the LTTE. Both are due to lack of ‘insight’ in ‘soft leaders’.