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v2025

Transfer of Yugadanavi shares challenged in court

The head of Sri Lanka’s Catholic Church His Eminence Malcolm Cardinal Ranjith, and Venerable Elle Gunawansa Thero filed a Fundamental Rights Application with the Supreme Court seeking an order to prevent the transfers of shares of the Yugadanavi Power Plant to New Fortress Inc.

In addition, the FR application seeks an order to prevent the government from awarding the LNG supply contract to New Fortress Inc.

Prime Minister Mahinda Rajapaksa, the Cabinet of Ministers, Cabinet Secretary, Finance Secretary, the Attorney General among 54 others were named as respondents in the application.

New Fortress Inc. was also named as a respondent in the application.

The FR application seeks to make null the decision reached by the Cabinet of Ministers on the said agreement on the 6th of September and prevent the agreement from being enforced until the examination of the application is concluded.

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