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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Maithripala reveals tobacco industry attempt to bribe him

Maithripala reveals tobacco industry attempt to bribe him

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K.Haputantri

K.Haputantri
Co-Admin
Maithripala reveals tobacco industry attempt to bribe him
Money would have been sufficient for 14 generations
September 24, 2013, 9:43 pm
By Don Asoka Wijewardena
The Island

Health Minister Maithripala Sirisena yesterday said the tobacco industry had attempted to bribe him to block the issuance of the special gazette notification which made it mandatory for companies to print pictorial warnings covering 80 per cent of the principal display area of each packet of cigarette. The money offered to hime was sufficient for 14 generations to live in clover in a first world country, the minister said.

Minister Sirisena made the shocking revelation at a recent special felicitation ceremony on Monday at Royal College Polonnaruwa in recognition of the special WHO award conferred on him for his dedicated service.

The tobacco industry had sent some person to him for a discussion, while others wanted to see him at home or in Parliament, Minister Sirisena said, adding that many in the tobacco industry wanted him to stop his anti-smoking campaign. But, he did not want the money offered by the multinational tobacco companies, he said, adding that he would never betray the country and its people to any multinational company and would never give up his struggle.

As long as he was the Health Minister he would never change his principles., Minister Sirisena said, stressing that he loved his country more than any thing else and would lead the national struggle against smoking.

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Health Minister Maithripala Sirisena’s allegation early this week that the tobacco industry had attempted to bribe him enough for many generations to stop new legislations on pictorial warning has shocked corporate Sri Lanka whilst Ceylon Tobacco Company Plc (CTC) has denied the move.

During a felicitation ceremony on Monday at Royal College in Polonnaruwa in recognition of WHO’s special award for him in recognition of his service, Minister Sirisena had alleged that tobacco industry had attempted to bribe him. The money offered to him was sufficient for 14 generations to live in a first world country, he had claimed.

However, CTC in a statement yesterday said: “As the only legal cigarette manufacturer in Sri Lanka, we categorically deny any involvement in the activities that have been referenced in recent media coverage.”

“CTC has operated lawfully in Sri Lanka for over 100 years. It is one of the best governed companies in the country with an impeccable reputation built on the highest standards of corporate conduct,” the statement added.

Analysts said given the standing of CTC in the corporate world and the fact that it is a subsidiary of British American Tobacco, the sixth largest company listed on the London Stock Exchange, the Minister’s allegation was serious and had a direct bearing on credentials for doing business and investing in Sri Lanka.

“Ideally, the Minister should lodge a complaint with the Bribery Commissioner for necessary action. If not he should not make statements that endanger the credibility of a multinational in Sri Lanka,” they opined.

The 111-year-old BAT has a market-leading position in over 50 countries and operations in around 180 countries.

Minister Sirisena alleged that the tobacco industry had sent some person to him for a discussion while others wanted to see him at home or in Parliament. He claimed that many in the tobacco industry wanted him to stop his anti-smoking campaign and he didn’t want the money offered.

The Supreme Court on Friday stayed the Gazette notification issued by the Health Ministry to have pictorial health warnings on 80% of the cover of cigarette packets until 22 January 2014 in view of pending hearing of related cases.
http://www.ft.lk/2013/09/26/maithripalas-outburst-shocks-sri-lanka-inc-ctc-denies/

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
මේවගේ තව දෙන්නෙක් හිටියා නම්,අනේ අප්පේ ....?Shocked 

4Maithripala reveals tobacco industry attempt to bribe him Empty 07- Oct-2013 CTC - Announcement Mon Oct 07, 2013 1:29 pm

sriranga

sriranga
Co-Admin
http://www.cse.lk/cmt/upload_cse_announcements/1281381130556_.pdf

http://sharemarket-srilanka.blogspot.co.uk/

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
What Sirisena could've done was open a case with Bribery Commissioner rather than open accusation..
Being the larger tobacco manufacturer in SL, only the name of CTC is prominent in this case so the allegations are directly leveled against them Wink

Hmmm I wonder whether the minister has at least video proof Wink

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