U.S. behind move to stop IMF loan - French Ambassador

[TamilNet, Wednesday, 29 April 2009, 12:17 GMT]
When Inner City Press asked French Ambassador to UN, Jean-Maurice Ripert on the European Union's leverage over Sri Lanka on the "pending request for $1.9b loan from the IMF," the Ambassador replied, "[t]he Americans want to play with the question of the IMF loan....[US's] commitment is to get the [loan] commitment to stop." Meanwhile, Bruce Fein, counsel for a Tamil activist group that filed for a declarative judgment to block the US vote, said that he expects the US Treasury to respond to the law suit before a vote is taken, and the Treasury has not submitted a motion or answer to the law suit yet.

Jean-Maurice Ripert, French Ambassador to UN
Jean-Maurice Ripert, French Ambassador to UN
The French Ambassador's statement on the status of the IMF loan comes amidst reports from Colombo saying that Sri Lanka's IMF loan request rapidly moving towards agreement and that the "loan would be available for Sri Lanka between the first and second weeks of May," sources in UK and US indicate.

While the Colombo-IMF talks are a second tier process, the final stage of loan approval depends on the "votes" of IMF Executive Directors, an IMF official said in a meeting recently with a Tamil expatriate group.

The Executive Directors' votes are governed by the local laws of respective countries they are representing, and currently both Executive Director for the United States, Meg Lundsager, and Executive Director for the United Kingdom, Alex Gibbs, are facing legal action blocking their votes to Sri Lanka loan.

US court action asserts that US is "obliged by statute, 22 U.S.C. 262d, to vote against any loan application submitted by a member country with a pattern of gross violations of internationally recognized human rights."

The suit adds, "Plaintiff reasonably apprehends that Defendants might for non-statutory reasons decide not to oppose Sri Lanka’s request for a $1.9 billion balance of payments IMF loan in violation of section 262d. If Plaintiff waited to sue Defendants for allegedly violating section 262d in failing to oppose Sri Lanka’s $1.9 billion IMF loan application until after the loan had been granted, there would then be no practical legal remedy for the violation," the Complaint notes.

In the UK, the "letter before action" sent by Public Interest Lawyers, attorneys retained by a UK-based Tamil activist group, asks the UK government to set out in clear detailed terms, supported by evidence of the actions taken, exactly how it purports it has met and will continue to meet all of its obligations imposed by international law arising from the situation in Sri Lanka.

Amongst other things, the letter seeks, "[a]n immediate, clear and unequivocal declaration that the UK government will vote against the proposed $1.9 billion IMF emergency support loan to the Sri Lankan government. To agree to an IMF loan when the Sri Lankan Government is perpetrating gross violations of humanitarian and human rights law would be a flagrant breach of the UK’s international obligations.


Related Articles:
28.04.09   Legal challenge to block IMF loan, charges UK's complicity i..

External Links:
ICP: On Sri Lanka, France Pitches Hospital Not IMF or Genocide


Latest 15 Reports
15.09.20 06:37   Photo
UN Rights Chief joins her predecessors in watering down collective rights of genocide affected people
04.09.20 22:13   Photo
Diaspora youth group re-aligns Tamil narrative on enforced disappearances
03.09.20 15:41   Photo
Jude Lal Fernando’s Sputnik interview exposes unfolding British duplicity on KMS ‘investigations’
02.09.20 22:03   Photo
Gotabaya's ‘Task Force’ monk threatens Tamils to stay away from their paddy fields in Thiriyaay
01.09.20 23:36  
Colombo extends genocidal land grab targeting farmlands of Tamils along NE border: Ravikaran
31.08.20 16:36   Photo
Families of war-disappeared send strong message braving SL restrictions on International Day
08.08.20 01:05   Photo
Sumanthiran alleged of exerting Colombo’s influence to tamper with preferential vote counts
07.08.20 10:08  
2020 election resembles 1970 polls that formed genocidal Sri Lanka
06.08.20 17:22  
Tamil nation-oriented parties challenged in East
05.08.20 23:41  
High voter turnout registered in North-East
04.08.20 20:57   Photo
Occupying Sinhala military reminds Eezham Tamils of whose elections they partake
03.08.20 21:05  
TMVP-linked operatives collaborate with SL Navy, suppress Tamil fishers in Vaakarai
02.08.20 18:29   Photo
Manifestos of TNA, TNPF and TMTK expose lacuna, hint areas for corrections of Tamil polity
01.08.20 21:17  
Unified Eezham Tamil national front, beyond electoral politics, is next step: Jothilingam
31.07.20 22:39  
Colombo isolates Tamil political prisoners within heavily fortified cells
Find this article at: