Basil vacates Parliament, resigns as MP

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Former Finance Minister Basil Rajapaksa stepped down as a Member of Parliament today (09), resigning from his seat as a National List MP for the Sri Lanka Podujana Peramuna (SLPP).

Speaking at a media briefing today, Rajapaksa noted that despite his decision to withdraw from activities related to state governance, he will continue to focus on operations of the SLPP and its politics.

“State governance and politics are two things. From these two, the main goal of today’s decision is my complete removal from State governance. Accordingly, I will no longer be involved in any activity related to State governance from today”, he asserted.

Rajapaksa further noted that his resignation was a means of allowing the SLPP to appoint a suitable person to Parliament by way of the National List.

He denied allegations that Sri Lanka’s foreign reserves depleted as a result of his actions, adding that there were no reserves even at the time of his tenure as Finance Minister.

“There were no reserves even when I came to the post. If there were such reserves, I myself could have done what was needed”, Rajapaksa said, adding that he did not expect to take up the post as Finance Minister but yet did his duties to the best of his abilities.

He also recalled that Sri Lanka is currently receiving flour and oil, due to agreements formed during his visit to India, and that he was the frontrunner to initiate Sri Lanka’s bid to seek assistance from the International Monetary Fund (IMF).