Govt. should not hand over Sevenagala sugar company to previous owner: TUA

The motive behind the government’s move to abolish the Revival of Underperforming Enterprises or Under-utilised Assets Act through the present budget is to vest the Sevanagala Suger Company now running as a profitable venture on Minister Daya Gamage, the Deputy General Secretary of the trade union alliance allied to Joint Opposition Lalith Sripal claims.

He made this remark at a media briefing held by several trade unions including the Commercial Industrial and Service Trade Union on Monday in Embilipitiya.

He further said since 2002 this company was managed by Minister Daya Gamage after its

However Mahinda Rajapaksa again converted this entity to a government organisation and was able to provide relief to the people of the area. The present government is again attempting to privatise it by abolishing the relevant act

ownership was transferred to an entity managed by him.

During this period people benefited earlier by the company had to undergo severe economic hardships.

However Mahinda Rajapaksa again converted this entity to a government organisation and was able to provide relief to the people of the area.

The present government is again attempting to privatise it by abolishing the relevant act.

He threatened the government that protests would be organised jointly by the farmer organisations, transporters and the businessmen along with other trade unions of the county if the government failed to withdraw the decision to abolish the act within three days.

He urged Parliamentarian Sumeda Jayasena to vote against this move. They also request all the members of parliament who represent the trade unions to vote against this move along with other MPS of their parties.