SLT privatisation

The Sectoral Oversight Committee (SOC) on National Security has reiterated that the proposed privatization of Sri Lanka Telecom (SLT) threatens national security. However, the government has the freedom to decide on the matter. The SOC previously informed Parliament that they do not recommend the privatization of SLT due to national security concerns. There were subsequent reports that the SOC needed to consult relevant authorities responsible for national security before preparing the report.

 

 

SOC Chairman Dr Sarath Weerasekera defended the report, stating that they made necessary inquiries from all relevant parties, including foreign experts in national security. He mentioned that the Tri-Forces Commanders did not need to be consulted regarding cyber security as it falls under technical rather than physical safety. The report highlighted the potential risks of data leakage and adverse effects associated with SLT privatization.

 

 

When asked if there would be any change in the SOC's observation, Dr Weerasekera said they would stand by their observations. He emphasized that the government can make its decision. Still, the SOC maintains that privatizing SLT would have a detrimental effect on national security.

 

 

In response to the SOC's stance, the Ministry of Finance, Economic Stabilisation, and National Policies, under President Ranil Wickremesinghe, who is also the Minister of Defence, stated that they are unwilling to reverse their reform agenda. State Minister of Finance Shehan Semasinghe assured that the government would ensure no harm to national security during and after privatization.

 

 

The ruling Sri Lanka Podujana Peramuna suggested appointing an expert committee to examine the matter and recommend further action.