The Kandy News Online Edition: July

The Kandy News Online Edition
July / August 2005
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Diyawadana Nilame

Pradeep Bandara assumes duties as the new Diyawadana Nilame of the Dalada Maligawa and bids farewell to acting Diyawadan Nilame, Lohan Paranagama.

Rs 19 Million Fraud in Kandy
Water Project

A fraud amounting Rs 19m is suspected in the import of equipment and spare parts for the Kandy Water Supply Scheme water pumping and purification plant in Gatambe. A part of a loan from the Asian Development Bank has been made available to fund the imports. The JVP municipal councilor Mr. Anura Gonawela was the first to draw attention to the alleged fraud when he made a statement to that effect at the last monthly meeting of the Kandy Municipal Council (KMC). Read More>>

KMC Car Park Subsidized With General Revenue

The new multi-storey car park of the Kandy Municipal Council (KMC) ceremonially opened on June 7th 2005, may well end up as a white elephant taxing the ratepayers of the city. The KMC must pay Rs 13.5m per year to service the loan that it got from the Asian Development Bank to construct the car park. It is estimated that an additional Rs 7.0m is required annually to meet the bills for security, electricity, cleaning, and water. Thus the total annual cost of running the car park would exceed Rs 20m. Read More>>

Editorial

The Economy and Political Instability

The political instability that exists in the country is palpable, the pronouncements to the contrary from the president and government notwithstanding. The Chandrika Kumaratunga presidency has entered its "lame duck" stage even if the tenure ends only in 2006 December. This relative draining of power and influence from that theoretically all powerful office was evident a few weeks ago when the candidate for the key position of lay custodian Diyawadana Nilame - of the Dalada Maligawa that the president openly backed lost badly in the election.