Thursday, November 17, 2011

. Sri Lanka Marxists say government sell off Embilipitiya Paper Mill

 "Mahinda Rajapaksa government, we believe, should be ashamed for handing over an invaluable national asset for such a low price," says Sri Lanka Marxist People's Liberation Front (JVP) issuing a statement on the alleged sell off of Embilipitiya Paper Mill.


The communique of the JVP, signed by MP Sunil Handunneththi says the sum of Rs.600 million for which the factory was leased to Perth Engineering Company in Australia for a 30 year-period is an undervalue.


"The government, by selling the company which is installed with a system of machinery that could produce high quality paper and a more than 250 acre land where it is constructed to a song indicates again the plundering economic policy Rajapaksa government is following," JVP says.
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