Protest against privatisation in Colombo
[TamilNet, Tuesday, 10 September 2002, 19:44 GMT]
Hundreds of workers of state runs banks and the Sri
Lanka Insurance Corporation demonstrated Tuesday in
downtown Colombo against the United National Front
government's plans to privatise the institutions. The demonstration was organised by Ceylon Bank Workers'Union and Sri Lanka insurance Corporation
A spokesman for the unions charged that the United
National Front government is bowing to the dictates of
the IMF and World Bank.
"Thousands of workers and their families would be left
in the lurch when the government sells the People's
Bank, the Bank of Ceylon and the Insurance Corporation
to greedy capitalists", he said.
The GOSL has launched a counter campaign mainly
through the media, in expensive and regular ads, to
explain the reasons for selling the loss making
institutions to private business.
The GOSL campaign portrays the institutions as white
The Sinhala nationalist Janata Vimukthi Peramuna
supports the workers and is vehemently opposed to
Insurance Corporation workers marched from Slave
Island to the Fort railway station in downtown
Colombo, shouting slogans and carrying placards and
banners, denouncing UNF's economic policies. A
large number of other government employees joined the
demonstration in front of the railway station later.