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Sri Lankan business Chambers fear of a ‘grave constitutional crisis’ Vote_lcap68%Sri Lankan business Chambers fear of a ‘grave constitutional crisis’ Vote_rcap 68% [ 178 ]
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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lankan business Chambers fear of a ‘grave constitutional crisis’

Sri Lankan business Chambers fear of a ‘grave constitutional crisis’

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Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Sri Lankan Business Chambers fear that the ongoing crisis over the “Impeachment Motion” brought against the Chief Justice, may lead to a constitutional crisis.

“The Joint Business Chambers view with serious concern the on-going developments with respect to the impeachment motion brought against the Chief Justice and the possibility that it may lead to a grave constitutional crisis”, added a statement issued by the Joint Chambers.

The statement goes onto say, such a constitutional crisis will not be in the best interest of the country’s economic and business environment.

The Chambers says, if a grave constitutional crisis erupts as a result of the present situation, it is also likely to adversely affect the Country’s development process whilst significantly hindering the benefits from the peace dividend.

“We call upon all concerned to act with restraint and to respect and abide by the Constitution of the Country and hope that the Government will take the necessary steps to resolve the current impasse in the best interest of our Nation”, further added the statement issued by the Joint Chambers.

This statement was issued by the Joint Business Chambers, which consists of leading Chambers such as CCC, FCCISL, NCE, JAAF, CNCI and the COYLE, as the country’s Judiciary and the legislation is gearing down for a showdown, over the Impeachment motion brought against the Chief Justice.

The debate is expected to go ahead despite a court ruling which said the process adopted towards bringing in the ‘Impeachment Motion’ against the Chief Justice is illegal.

Meanwhile, Sri Lankan lawyers today took to streets to protest against the government’s move to go ahead with its impeachment motion against the Chief Justice, despite the court ruling.
http://www.news360.lk/politics/news-sri-lankan-10-01-2013-business-chambers-fears-of-a-%E2%80%98grave-constitutional-crisis%E2%80%99-650098

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