Friday, August 30, 2013

Sri Lanka: The Brothers’ Grip

By Eric Ellis -August 30, 2013 
Eric Ellis
Colombo TelegraphIn Sri Lanka, power is concentrated – around President Mahinda Rajapaksa. Meet his brothers, sons, other relations and even his astrologer-turned-banker.
Meet Sumanadasa Abeygunawardena. He’s every saver’s dream come true – a bank director who can predict the future.
Rajapaksa Family Ties  
Abeygunawardena is the ‘working director’ of one of Sri Lanka’s biggest banks, the state-owned National Savings Bank (NSB) – that is, when he’s not being a celebrity soothsayer.
Abeygunawardena’s main claim to fame in Sri Lanka is as an astrologer. With his columns in government-friendly newspapers, a regular star-gazing spot on national television and a lucrative personal horoscope service delivered via SMS with the state telco, he’s one of the country’s most visible faces.
Read more in the The Globalmail
*Eric Ellis is an award-winning journalist who writes about the politics, economics and societies of South and South-East Asia. He has written for a range of international journals; Fortune Magazine, Forbes, the Financial Times, Time Magazine, The Times, The Bulletin/Newsweek, The Spectator,Institutional Investor, Euromoney, The Sydney Morning Herald, The Age, The Australian Financial Review and the International Herald Tribune.
Other stories;