Skip to Content

Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2159

The mystery of the missing UNP millions

[b]The mystery of the missing UNP millions[/b]

[b]Colombo, 17 January, ([/b] After raising billions to fight the last presidential election, UNPers are questioning as to why Ranil Wickremesinghe, the beleaguered UNP leader, has not released a full statement on the use or abuse of the monies collected to fight his election.

UNP coffers were filled with billions. The massive advertising campaign alone ran into a billion rupees, according to party sources. After the election party officials are crying poor.

Money poured in from businessmen and diplomatic missions. Norway, Scandinavian countries and India are reported to have handed over millions to Ranil Wickremesinghe. It is the normal practice for interested countries to finance their favored horse. But a substantial part of the funds seems to have disappeared after the elections.

A similar disappearance took place after the death of President Premadasa. The monies are handled by the head of the party. President Premadasa had bundled lakhs in readiness to fight the elections soon after May Day 1993, when he was assassinated by the LTTE. It is estimated that nearly 350 million party funds disappeared after his death. President D. B. Wijetunga took over the party almost immediately after the death of his predecessor.

Share this