How A Family Allegedly "Ruined" Sri Lanka's Economy | The Big Steal
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- čas přidán 7. 09. 2022
- Sri Lanka is bankrupt and protestors blame the current economic crisis on just one family.
For the past 20 years the Rajapaksas have been in power, they’ve been accused of financial mismanagement at best and siphoning millions of public funds at worst. But they have never been convicted of any crimes.
At the time of publishing, Ranil Wickremesinghe has been appointed the president of Sri Lanka. former President Gotabaya Rajapaksa had fled to Singapore. The Supreme Court of Sri Lanka has imposed an overseas travel ban on his brothers, Mahinda Rajapaksa and Basil Rajapaksa.
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You don't have to write allegedly or put quotations around ruined. Those are facts
🍏🍏Approximately half of Sri Lanka’s total foreign debt (55% according to some estimates) is market borrowings through US- and EU-based ISBs. Asset managers BlackRock, Inc. and Ashmore Group Plc., along with Fidelity, T Rowe Price and TIAA are among Sri Lanka’s main ISB creditors.
Exactly
They fail to mention it was because Sri Lanka was also attempting to go 100% green as well.
I know right? No need for it.
@@MS-tc2fs so the Sri Lankan leadership has no responsibility for that? XD not to forget the exploitive Chinese loans.
I'm a Sri Lankan and this is a true story. It is still not the end of this family corruption in Sri Lanka.
Same in India due to Modi
Srilanka deserves this china ka chamcha
@deadpool yes only by horseriding of Mlas
@deadpool yes only by horseriding of Mlas
@@enigmaticbeing7796 60 saal 0 corruption tha na.
Rajapaksa in Indonesian language means "Forced King", so their family's name fits so well with their incompetence.
👍baik 😁
maybe they came from there in the British coloneal period 😅
Well even in his own language sinhala can say name meaning is 'Royal as$'
@@dileepagodage they did
lmao
I'm a Sri Lankan & this is a 100% true story. Rajapaksha family destroyed our country, culture, economy, peace, sports, value systems,agriculture and everything.
you need a white overlord to keep you safe and fed....which colonial empire do you prefer?
@@ludovicleprinceroyal8721 Judging by the fact that most white people nations are on the verge of collapsing because of their overlords (not to mention gross mismanagement of funds and the providing of basic infrastructure only at the expense of personal tax debts), I would say , no need.. 😆
You choose him because he killed minority tamils now you gets it back. You deserved it.
@@ludovicleprinceroyal8721 creepy and inaccurate
@@MEGIDIOT Not at all, that's what we do best. You can till harvest the sugarcane, or smear manure on the field, or whatever you do.
I am Sri Lankan and all these facts are true..
Sri lankans should get the Tamil Tigers to get rid of the Rajapaksas clan.
Own India not support tamil because of congress party they are reason for thousands of fisherman killed after bjp came to power no fisherman is killed
@@oll9693 BJP can go eat cow's. Tamil power.
@@jacobsanders9167 last thing we need; a reason for the government to kill as they want. That's something CIA would do lol
@@jacobsanders9167 Tamil Tigers are dead,if they come again we will kill them again we will never want Tigers help shithead
I'm a Sri Lankan and with full responsibility I can say this is a true story..most unfortunate situation is they are still continuing to loot the money of innocent people with the help of super corrupted politicians..the country is in shambles.hope some day the justice will be delivered.
honestly I was surprised by this level of nepotism in Sri Lanka, your country is undoubtedly the most developed in South Asia, it's shocking that their corruption was tolerated for this long
is this karma for the genocide against the tamils in the past?
@@TraveltasticGuideToTravel Tamils are suffering as well.
You should study the Philippines history. We defaulted in our debts in 1980s. Now the family is back. Hope you do better than us
@@zairex7396 I heard about it too. Hope Philippine people are doing fine.
As a Tamil from India, seeing how the world is finally seeing the Rajapaksas for what they truly are is a bittersweet feeling, we tried telling you all in 2009
Well karma is ...... Everyone should get what they paid for right ?
BTW its not just them it was also China's investments
They only had the chance to grab power as a result of worldwide Tamil conspiracy to attempt to create “Tamil Elam” in northern Sri Lanka. Those terrorists were just as evil as the worst of the Sri Lankan government. Do not try to whitewash a group that taught the worlds worst how to do things like make suicide bombers from teenage girls.
Tamils are from India ... true. Tamils have always tell a story and that is the story keep repeating for more than 50 years!!!! Tamil philosophy doesn't bring any solutions to the problem.
China trapped the country into fake Hook as it has done to many more undeveloped countries. Many imperialist country did it all the time.
So Sri Lanka was hooked as Pakistan, Turkey, Lebanon, Greek, and so many African countries. Anglo- Americans has colonised all the planet and this is a new form of colonisation by Economic Strangling.
Rajapaksas are innocent. LTTE are the real terroriats
Greed is a hell of a drug.
Greed is a sin
@@magpatocx well tell that to the pastors who own private planes and millions of dollars in private funding.
@@rohitkadam7699 that Buddha statue in the airport lobby was funny in the context of a project motivated by greed and corruption.
Don't do greed kids
Vice knows they beg for money on every video.
Vice is the most unconventional news outlet who is not afraid to get into trouble places. Salute guys.
It's not one family who ruined Sri Lanka,but all the people who kept them in power and voted for them.
Thats only the majority Sinhala leople who voted for him. No one from the minorities voted for him.
I loved that they enjoys the place and not just fucked it up. Vacation time!!!
Now the people who went there are getting arrested and their own security is in jeopardy
Lots of criminals now
I lost brain cells reading your comment.
And..Rajapaksa is back in Shrilanka peacefully after all sins. He still has some supporters.
No wonder the country is suffering!
Do a crash course in world Economics. Then you will understand what is happening......enhance your brain
@@sofiamatthews1653 ok Karen..
@@sofiamatthews1653 well said . it keeps coming across like they think shortages huge costs etc it is only happening in their country .
@@NYN_000 not a karen at all since you are ill informed hence it is the other way round . unfortunately i dont know if there is a name for men like karens for women which is an insult in any case .
@@sweeta17 I was communicating riots before Rajapaksa left and he returned easily to the nation. I dont know how world economics came here, so I mention Karen. I know it takes round of mismanagement to destroy a country and it's not 1day job. Many reasons like huge debt, dependency upon only few foreign income source, chinese loan are responsible for this. @sofia should understand these points before spilling the unrelated useless point scoring.
You may wonder how this family was voted over and over again by majority. Here is the fun fact, Majority of the country is Sinhala people. As the practice, We used to believe that our race is the best and proudest one in the whole world with the history of 2500. Yes! It is the virus that was placed inside the heads of people here by education along. Instead of taking experiences from the past and creating a better future, we used to live in the past complimenting own past. Instead of teaching equality between races, religions we influenced ourself to believe " We are the great one".
That is the boiling point that was used by Rajapaksha family.
The Rajapsksha family did nothing to this country. Rajapsksha family is the representation of majority of Sri Lankan. We did this to ourselves.
True. racism at its best
This is an actual story, and I am a native of Sri Lanka telling it. Corruption inside Sri Lanka has not yet been eradicated.
Or anywhere else in the world! UK no different 🤣
It’s in the bloodstream there. Even the impoverished expect to be extorted by police and any with a little power.
The sad thing is most people in rural areas still believe that "They" will still "SAVE" the country. Its sad crisis is that this rural population is still the majority.
Rural ppl know better than you ..
Same as south africa 🇿🇦
This is 100% the fault of the Sinhalese majority that kept voting in these brothers regardless of many journalists and both homeland and diaspora Tamils trying to tell them the truth. And now they complain and riot, then what? What did they do to change the situation? Nothing. The majority Sinhalese will protest over a piece of bread going up in price, but will not protest the corruption, the human rights abuses and the useless militarization of the North. So who's fault is it really? The ones who took advantage of the situation to fill their pockets or the ones who kept voting in those people?
The past is the past. Better to learn from it and come together for a better future.
True, but the deeper you dig into the population of this land the harder it gets to find a truly innocent party. All who voted for the Rajapaksa regime were motivated by greed and/or contempt for racial and religious minorities. Maybe other nations are more deserving of the worlds aid.
@@harijeevakumar2218 Better future for whom? Because we Tamils have been asking for a better future for years. We still have people asking for the whereabouts of their families that went missing in the war. Still have people asking for their land back that has been illegally stolen by the Sri Lankan army. Still people asking for justice for their murdered loved ones. Remember Sunil? How he was pardoned even though he should have been killed for his crimes? I did not see any such outrage from the Sinhalese community. Even this past week, there was a vihara illegally attempted to be built on Tamil land. Fortunately, we protested and were able to stop it. But the Sinhalese deployed army members and Buddhists and attempted to block the area as it is built. And on top of that, a former minister even said that it would be built regardless of the court order. Yet, the majority still stay silent. So you can ask for a better future with your mouth, but you can only prove it with your actions.
All cases are dismissed because they own the court themselves. 🙄 😒
This family who ruined the Sri Lanka economy should be tried and send to jail and confiscate all their assets.
That's not going to happen
I am a Sri Lankan. This is a true story and still they are trying to come to the power. Very SAD
I was there in 2004 with my family. Amazing country with amazing people. I have many good memories even though I was only about 10 years old and were there for only 2 weeks. Hate to see so many of the ordinary people suffering because of the actions of a few.
those few are snakes
Lmao there was an Ethnic cleansing of Tamils happening in North when that was happening.
@@ChandranPrema123 I'm well aware of that. My dad told me about it while we were there. Obviously it was not all sunshine and roses. But I still found the country to be absolutely beautiful, and the people I met were great.
You went before the earthquake and tsunami hit.
30,000+ People died
You should remove " Allegedly " from the title , they're fully responsible for all of this .
why should they remove it, what proof is there so far? That "allegedly" is truthful journalism. You're some drone that just read the headlines and now claim it's an obvious fact.
i'll wait while you after the fact try to prove the stance you've taken
It's time to call these kinds of people what they are: Criminal Oligarchs.
Way more comprehensively and accurately portrayed that what you find in main stream media. Good job Vice
Endless greed for money by one family ruined the whole nation 😢. International actions needed for recovery the stolen money 💵
Endless greed for one family by the majority of Sri Lankans ruined the whole nation...
I too think it's only INTERNATIONAL ACTIONS can do something because no body can go against them in this country.
They are SO powerful.
They know how to protect themselves.
Very sad, Sri Lanka is an amazing country filled with very friendly people.
100% true story. Very sad as a sri lankan. Must change this system as soon as possible.All politicians will not resign until they die.There must be a rule for a time line that every politician have to resign in 5 or 10 years.Need to change this old faces. As a sri lankan,i have only seen these politicians from childhood to until now.they don’t give a chance to new teenagers.current politicians only need to steal money and put their family members into the politics. Any way thank you so much for saying the truth.
Nice video Vice News
Its has very much information
This is a prime example of how much power the rich and powerful actually have and no one can make them accountable
Who would have thought banning chemical fertilizer in the name of “going green” would significantly decrease crop yields?
Plenty of organic farms out there doing it well. Looks like leadership in Sri Lanka wasn't responsible in rolling the program out. In part to have an organic farming community, you need a strong composting program to help keep the soil fertile. Sounds like they may have done one without the other. You need time to generate the compost as well. You don't just take food scraps and instantly have useable compost.
It’s not going green
By that time Sri Lanka had no sanctions so the d*mba*s(so called president) took the advantage from it too !!
"Allegedly"? It's the truth.
We have a similar government in Ghana. When I saw reports and videos about Sri Lanka’s storming their presidential palace I imagined the same happening here. I really hope to swim inside the pool on the US embassy compound.
Start by blaming China first. Do some research into the failed projects that they promised Ghanaians, in exchange for the exploration of oil and minerals.
Lmao US isn't running your country🤣🤣
yeah lol maybe look at china im not even American and i can say this lol
Go for it man! You guys deserve to reclaim your nation. Don't let the Imperial Core or China deceive you. A United Africa, independent of Europe, US, and China is your only way forward. Trust none of them. They only serve to exploit you, or sell the tools to a puppet government to exploit you
You think the US is going to be okay with you storming their compound? They will start shooting.
thanks for documentary
I'm crying right now. i hope sri lanka will recover as early as possible. i feel really bad for the people
THANK YOU For having heartfelt feelings about my country 🌹
Can you imagine how poor people of my country crying now without having their basic needs because of these theves including RAJAPAKSHAS and their friends.
Now RANIL WICKRAMASINGHE is protecting them.
Nobody is able to defeat them. 😭
They are SO strong to protect them selves even from the LAW OF THE COUNTRY.
They handle the law of the country as they want.
Most of the people are living in a hell now.
But "THE FAMILY" has started again their campaign to protect their power cheating the uneducated people further...
I too feel like to cry thinking of the miserable people in my country.
WHERE IS JUSTICE?
🙏🏾🙏🏾🙏🏾
It is horrible .. it is a beautiful country with some of the best people ..was great when got a chance to visit there ..
I'm a Sri Lankan and this is a true story.😢😢😢
thank you for creating this Video, ppl should know our situation.
I love that the citizens did this. I really do. Wake up politicians...
It would have been avoided if Sri Lankans voted for real issues rather than voting for Minority Bashing.
True. People in this country are ignorant and uneducated on almost everything regarding politics. I'm not surprised we are in this situation.
Give the same to advise to every Muslim majority country, would you?
True to some extend. Small group of those minority started it, and politicians took advantage of it.
Good to see the mass stand up together
People don't want to release the war lasted for more than 30 years has played a huge role to ruin the Island economy, still the politicians don't want to find a reasonable solution to the Tamil issue. Chinese owe 4 billion dollars, IMF owe 35 billions, Indian owe less than I billion. West wanted to replace Gota, Ranil is theirs present choice. Let the people decide their future not outsiders.
All people in this world have problems. But murdering pregnant mothers, killing unborn children, killing thousands more in the name of “your problems” is not the way.
I’m sure that you are Tamil living in India or another country. No wonder you have a resentment against Sinhalese. Listen to people like “Arun Siddarth” rather than your so called Tamil politicians (who the Tamil community living in Sri Lanka has rejected themselves).
Politicians dont want to find any solution for the Sri Lankans.
Politician exist bcs of people vote..if not it your rights to change them..they didnt do their job kick them out..replace with those who fit criteria..dont tell me no one in sri lanka could take leadership?some who know learnerd experience in administration..economy..if there's none then create one..do you know 1 day protest..country lost billion profit?fighting will not feed people..people who poor getting poorer..wealthy people left your country..no one want to do bussines in unstabilized country..fixed your country political stability first.Citizen must realise the impact of protest for long term..thing already happen..crying not even worth it..everyone sri lankan must united its your own country..
First understand that he is a tamil , 200,000 Tamils were killed by this racist country , and Rajapakshas were voted to power by the same racist right wing politics ,, minorities have no power in counting head democracy
That’s not true. Ranil is not democratically elected until he faces an election, which he refuses.
True story
Great journalism 🎉
Srilankan choose those guys again and again despite knowing their corruption so people are to be blame as well
“Concerns” of nepotism!?!
It IS nepotism.
Well, it sounds a LOT like nepotism to me.
14+ family members in political/parliamentary positions
Three quarters of the national budget ffs.
This is when nations should come together and help. Hope you all make it through
Thanks from Sri Lanka 🇱🇰 ❤
Glory to Sri Lanka 🇱🇰 from Russia 🇷🇺
❤️❤️
No glory my friend 🥴. Now president is also a pupet of rajapaksa family
Puppet? Ranil?
@@Aghoradipathi yeah
yeah..current President came as protector of Rajapaksha family.These corrupted bastards survive because of Ranil Wikramasinghe..
But their ESG score was so HIGH!!!
How could this have happened?
Robbery stealing
Yeah.Thanks for showing the truth Vice news ! 🇱🇰💓
Same situation in Pakistan two families and their whole clan Zardari and sharif and all their relatives in assembly.
Bhai Imran Khan Niazi bhi koi doodh ka dhula nahi hai. Bewakoof bana raha hai sabko. Saare toh chor bhare hain PTI mein jo pehle doosri party mein hote the.
- Foreign funding case, Toshakhana case, Farah Gogi's wealth. Sab yaad rakhna.
- Yeh bhi yaad rakhna ki poore mulk ko Imran Islam sikhata hai par khud 3-4 shaadi, Yahudi ke saath bache, ek angrez ke saath najayaz beti, Reham Khan ki kitab ki kahaniyan, aur Pinki Pirni ke ex-husband aur bachon ne jo paisa kamaya from transfer of police and bureaucrats in Punjab.
Hamam mein sabhi nange hain beta...😛
Not only srilanka, Pakistan every maximum Asian countries like India ,and in more hav same issues before we lived in kings dynasty now family dynasty political party
@@user-yb2qz9ku6u we all need to fix our countries.
World is dying! It’s our time and chance.
If we could change a 1 person today, and if the same person spreads and changes more other people then it becomes faster and faster. 1x2x3x4x5… and more! It’s combinations! Till it reaches to MILLIONS. We can do this!
Pakistan gonna be next in the list for sure if y’all not gonna do anything
You forgot our Fascist Mafia Army
Never convicted of any crime. 🤔🤔🤔 Why does this sound familiar to me?
Thank you a lot for showing about corrupt government and politicians in Sri Lanka 🙏🙏🙏
We wish Sri Lanka the best, from Pakistan. We hope our people also have the balls to elect people who conduct accountability across the board and jail the corrupt people. In Pakistan, like Sri Lanka the powerful aren’t held accountable. 🇵🇰❤️ 🇱🇰
Thanks from 🇱🇰❤️ all the Sri lankans
Had many friends from colombo hope you guys rise and bring sri lanka back
Wads wrong with my Sri Lankan friends? They complained so much but the people placed them back to governance. I hope they make the right choices.
Greed of politicians + China's debt trap diplomacy = Today's Sri Lanka
This is alarming incident for other nations with Sri Lanka like conditions.
China's debt is only 10%, Sri Lanka owns Japan more than it owns Sri Lanka.
@@rtorontonion7191 That 10% is to build ports and airports that didn't generate any revenue. Chinese came to work on their projects.
@@csowm5je And Japan's loans did? Japan's loans were used to build vanity projects as well.
@@csowm5je even in America they import their own workers
Black rock 38%
I’m a Sri Lankan too.
Thanks for this video..
That's sound goes over the moon guys.! It's extremely grate review about the conglomeration of Sri Lanka on earth.!!!
Very good document you did best research, whatever they did for Tamils now time for experience entire people of Ealam. Tamils haven' this experience since independence nothing surprises.
Now that's power! To write laws which protects you as the leader and thief.
Just like Nr. 45 did in the US, putting judges into position to protect his skin.
it's called a kleptocracy.
That's abuse of power
@@justanothermortal1373 "Just Another Mortal" Liked!
Now Situation is much better, Sri Lanka is back on Track 💚 thanks to President Ranil Wickramasinghe.
Nice report Atom!
I Could give you an entire list of Curr option list
It all comes down to GREED💯
this stuff pisses me off so much, the greed is unbelievable
A family destroyed a country.
I am a Sri Lankan and all these facts are true 🥺
So sad brother what's going to happen now? Situation looks like war zone
It is the effect of tamilian genocide, which you people supported.
this is what happen when you blindly follow one family and there is no opposition.
Im from srilanka and i aproved this documentary ....
I am Sri Lankan and it is rude and disrespectful to my people to use the word allegedly and quotation marks around Ruined
Best topic
Thanks from Sri Lanka 🙂❤️
I’m a Sri Lankan approving these facts 😂❤💔🙂 we’ll looking forward fixing this sh*t as soon as possible .
Edit:everyone saying allegedly * is the wrong word to be used, yeah I approve that as well , it’s noo alleged ! THEY ARE 100% RESPONSIBLE.
The voters are responsible too. What were they expecting from f***ing murderers
As a tamil, I'm happy to see Sri lanka going into a deeper hole. I hope tamils will get a their right full land from the Chinese when the take over
😂 what?
It's not Sri Lanka. It's Chinese land now.
😂, hey..hey....hey... Wake up wake up🛌
great work Vice for bringing in this top notch anchor
Geez, didn't expect Atom Araullo to apply and be part of Vice News.
Even Rajapaksas youngest son has sent a rocket to mars 😂😂😂
Every vice reporter is iconic
Wow vice news, good job
I am SriLankan and this is a true story,
yall be hella funky
Once the scale of corruption has reached a certain point, there is no way to turn this around because it triggers a downward spiral. Poverty creates corruption and corruption creates more poverty.
These are not even 10% what they have done to this country !!!
Appreciate it.💜 vice
I'm a Sri Lankan and I like the way this presenter pronounces Gotabaya's name 😄
Can you tell if the presenter Sri Lankan?
Happens when people put their family in position of power in government as if government is their personal business and then then are stealing government funds
Power to the people, God's love sent to you all. Blessings sent to you
Love from SL❤
Never allow family rule....At least that would reduce corruption
Congrats for not mentioning China & CCP even once... 😁😅
You should do one on Kenya 🇰🇪🇰🇪 we are heading the same direction as Sri Lanka
Good luck Kenya 🇰🇪 ❤!
Tajikistan, Sri Lanka, Pakistan, Laos, Nigeria,etc. It is the same. They trusted Chinese loans(both G2G and 'Private' Chinese banks) with high interest rates, with short payment duration and unfavorable payment conditions on unfeasible projects would be a good idea.
Chinese "debt trap" is a myth. They were only responsible for 10% of the debt while 81% was US, European and allied countries Japan and India. You're repeating talking points popularized by Mike Pence.
B.S.
The music is somehow distracting. Thanks
Some of the information I just found out from your channel
This country le fighting for democracy, at least courts can press charges.
y u elected their family for 20 years..whole country is to be blamed
Yeah
I like the names Mr. 10% , Mr. Terminator 😂
What a horror story of greed and corruption..
Very painful to watch
This same story has taken place many times in many countries. North Korea, Russia, even Trump tried it.
It's happening in South American countries as well as some, unstable African countries.
Add Mexico to this list
Add Pakistan
Oh, we are much better off here in America since Mean Orange Man is gone….. you are our of YOUR MIND!!!! Joe Biden is the Epitome of a CORRUPT 50 year Politician!!!! Now go take your Meds! Because I GUARANTEE you need them!
Jamaica
"Even Trump Tried IT"
What did he exactly try ?
Raja Paksa in Malay is = King Of Pressure
King of Forced
Nasa Vice news na pala si boss Atom 👏
I am from Sri Lanka and this is the bitter truth
I think what's an important point not mentioned by most media is the militarization of the North and the northeast.
True, they have more than 300,000 soldiers doing nothing, just occupying the tamil land and intimidating, terrorising the local tamil civilians
May i know whats this "militarization of the north n northeast"?? I have read about the sri lanka situation for a while but its the first time i have heard about this?? Who militarized these region? Is it internal or external power? And why? What is the exact location?
So, after racist policies by SriLanka, the north and east, where “Tamils” another ethnic group inside the majority Sinhalese ethnic group of SriLanka rebelled and civil war happened where Tamils wanted freedom from SriLanka , and when it’s ended with heavy (169-200 thousand Tamil civilians death , a genocide ) , to prevent another uprising the north east is occupied by the large portion of sinhala army, which is under control of Rajapakshas and racist Right wings ,, in some districts army to civilians ratio is 2:1!!!
Northern province and eastern province - commonly known as Tamil Eelam , by the ltte rebels , who wanted freedom to the Tamils ,, created that de facto state , and after the rebellion is ended with a genocide , the military is there to threaten and keep Tamils under control, while occupying lands and even migrating majority Sinhalese to reduce the little voting power Tamils have … if u see all last presidential elections, minority Tamils vote against the majority every single time, but Tamil’s mandate is ignored and genocide is overlooked for sake of friendly relations with SriLanka by international community
I'm Sri Lankan and there are actually so many mistakes in this reporting 🤦🏻♂️
0:24 that's not his residence that's the former parliament
0:28 the president actually never lived in the official presidential house and lived in his own home to cut costs
3:15 these numbers are wildly speculated with huge ranges that are tens of thousands of especially as this many bodies have never been found after all the surveying
4:40 this project was a part of a greater connectivity project but as the whole project wasn't completed the individual parts failed to generate any money
7:33 budget there were actually many more issues
8:20 this is highly questionable
But rest is true
Brah ponna biyya shut up bro
@@xZaKKoxzxZXZXZXzxzxv ahahahaha palayan huththo yanna 😂😂. These are facts I have stated. Ubata amarunan gihin mariyan pakaya 😂🤣🤣🤣
Never give power to one family... Never.
SriLanka was once a top cricketing nation by Steve Irungu Jermaine