Trade Unions of Sri Lanka Telecom have requested President Ranil Wickremesinghe to scrap the Budget decision of selling Sri Lanka Telecom to foreign investors.
Presenting Budget 2023 in parliament, the President has stated that several SOEs such SriLankan Airlines, Sri Lanka Insurance, Sri Lanka Telecom, etc., have been earmarked for restructure.
Mr. Jagath Gurusinghe, Senior Vice Secretary of Telecommunication Workers Union, says that a series of extensive protests will be held islandwide from tomorrow (23) against the government’s decision to sell Sri Lanka Telecom to Lycamobile and the Adani Group.
The Telecommunication Workers Union held a media conference in this regard yesterday (21) at the Guru Madura Hall in Colombo.
Likening the SLT to a hen laying golden eggs, Mr. Gurusinghe said that the institution is like a dowry given to every government that is appointed every 5 years.
In addition to selling off such a profitable institution at such a ridiculously cut price deal, he added that the deal also poses a threat to the national security.
Noting that President Wickremesinghe requires funds in the treasury to maintain power, Mr. Gurusinghe said that the President is currently selling off institutions to fill up the coffers.
SLPP TUs also oppose
Meanwhile, the Trade Unions representing Sri Lanka Podujana Peramuna (SLPP) also opposed the above move.
Economic experts have pointed out that since nations with leading economies are moving…
