Committee On Public Enterprises (Sri Lanka)
   HOME

TheInfoList



OR:

The Committee On Public Enterprises (COPE) is a parliamentary committee established on July 21, 1979 by the
Parliament of Sri Lanka The Parliament of the Democratic Socialist Republic of Sri Lanka (Sinhala: ශ්‍රී ලංකා පාර්ලිමේන්තුව ''Shri Lanka Parlimenthuwa'', Tamil: இலங்கை நாடாளுமன்றம் ''Ila ...
.


Mission

The intention of the committee is to ensure the compliance of financial discipline in Public Corporations and other Semi Governmental bodies in which the
Government of Sri Lanka The Government of Sri Lanka (GoSL) ( si, ශ්‍රී ලංකා රජය, Śrī Lankā Rajaya; ta, இலங்கை அரசாங்கம்) is a parliamentary system determined by the Sri Lankan Constitution. It administers the is ...
has a financial stake.


Structure

COPE consists of 31 Members reflecting the party composition in the House established under the Standing Order 126 at the beginning of each Parliamentary Session and the Chairman is elected by the Members of the Committee at its first session. Its quorum is four.


Past chairmen

* George Abeygunasekera, M.P. * M. S. Amarasiri, M.P. * John Amaratunga, M.P. * Wimal Wickramasinghe, M.P. * Rohan Abeygunasekera, M.P. * D. P. Wickremasinghe, M.P. * Prof. W. A. Wiswa Warnapala, M.P. * Reggie Ranatunga, M.P. *
Jeyaraj Fernandopulle Jeyaraj Fernandopulle ( si, ජෙයරාජ් ප්‍රනාන්දුපුල්ලේ, ta, ஜெயராஜ் பெர்னான்டோபுள்ளே, 11 January 1953 – 6 April 2008) was a Sri Lankan politician ...
, M.P. *
Rohitha Bogollagama Chandrasekera Rohitha Bandara Bogollagama (born 6 August 1954) (known as ''Rohitha Bogollagama'') (Sinhala language, Sinhala: රෝහිත බෝගොල්ලාගම, ta, ரோகித போகோல்லாகம) is a Sri Lankan po ...
, M.P. *
Wijeyadasa Rajapakshe Wijeyadasa Rajapakse, MP, PC (born 16 March 1959) is a Sri Lankan lawyer and politician. He is the current Minister of Justice and previously served in the same ministry from 2015 to 2017. He was the Prime Minister's nominee for the Constitutio ...
, M.P. * W. D. J. Senewiratne, M.P. * D. E. W. Gunasekera, M.P. *
Sunil Handunnetti Sunil Handunnetti (born October 19, 1970) is a Sri Lankan politician and a member of the Parliament of Sri Lanka. He contested the 2010 parliamentary elections under the Democratic National Alliance (DNA), which is led by former army chief Sarat ...
, M.P.


Notable investigations

Sri Lanka Insurance Sri Lanka Insurance Corporation Limited, also known as Sri Lanka Insurance is the largest and strongest composite insurance provider in Sri Lanka. It is the first and only insurance company in Sri Lanka to be assigned a prime AAA- rating for Insu ...
: In 2007, COPE revealed that the privatization process of Sri Lanka Insurance Corporation which undertook in the year 2003 was irregular. As a result of a case filed in the Supreme Court challenging the privatization of Sri Lanka Insurance Corporation, On 4 June 2009, the Supreme Court of Sri Lanka annulled the sale of Sri Lanka Insurance Corporation.
Ceylon Petroleum Corporation Ceylon Petroleum Corporation, commonly known as CEYPETCO (CPC), is a Sri Lankan oil and gas company. Established in 1962 and wholly owned by the Government of Sri Lanka. It is largest oil company in the Sri Lanka. It was formed in 1961 by national ...
: In 2012 August, The Ceylon Petroleum Corporation has been summoned to appear before a committee for the investigations following alleged imports of substandard fuel. Following the probes from the Criminal Investigation Department (CID) and the Bribery Commission, President
Mahinda Rajapaksa Mahinda Rajapaksa ( si, මහින්ද රාජපක්ෂ, ta, மஹிந்த ராஜபக்ஷ; born Percy Mahendra Rajapaksa; 18 November 1945) is a Sri Lankan politician. He served as the President of Sri Lanka from 2005 to ...
has instructed his ministers to appoint new chairmen when the present corrupt Heads are removed and to reconstitute all such Boards of Management in state institutions.
Central Bank of Sri Lanka The Central Bank of Sri Lanka ( CBSL; si, ශ්‍රී ලංකා මහ බැංකුව, Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA), it is a ...
bond issue : In 2016 October COPE revealed that Governor of the Central Bank Arjuna Mahendran should be held responsible for the Bond Issue Scam and legal action should be taken against him. However President Maithripala Sirisena has announced that he has appointed a Commission of Inquiry to further investigate the case.
Sri Lanka Institute of Information Technology The Sri Lanka Institute of Information Technology ( si, ශ්‍රී ලංකා තොරතුරු තා‌ක්ෂණ ආයතනය; ta, இலங்கை தகவல் தொழில்நுட்ப நிறுவனம ...
: SLIIT was investigated for its alleged misuse of Mahapola Higher Education Scholarship Trust Fund and alienation of state ownership of the Sri Lanka Institute of Information Technology.


References

{{reflist


Further reading


Imf, World Bank & Adb Agenda on Privatisation, Volume 4 (Google eBook)


External links


Official website
Government of Sri Lanka Parliament of Sri Lanka