Warning Over Politicisation & Selective Oversight in COPE 📈
• Key Concerns: ITAK MP Shanakiyan Rasamanickam warned Parliament against using the Committee of Public Enterprises (COPE) as a political weapon or targeting forum, emphasizing that reports must respect due process and the presumption of innocence prior to court rulings. • Transparency & Case Selection: Raised serious questions regarding the consistency and transparency of selecting matters for inquiry, highlighting that selective prioritization undermines public trust in parliamentary oversight. • Financial Accountability: Cited past exposures of massive non-performing loan portfolios at state banking institutions—Bank of Ceylon, People's Bank, and National Savings Bank—involving billions of rupees in public funds that have since dropped from the national focus. • Core Demand: Called for equal, impartial investigation into all corruption and financial mismanagement allegations across all public institutions, without fear or favor.