Jana Yougaya- a newspaper by Arjuna Aloysius
Arjuna Aloysius of the Perpetual Treasuries Ltd, implicated in the Central Bank Bond Sale scam has launched his first Sinhala language newspaper “Jana Yougaya,” on last 4th of this month.
Arjuna Aloysious, the owner of Perpetual Treasuries and the son-in-law of former Central Bank Governor Arjuna Mahendran, has formed a company titled 'Integrated Media Network' to publish the newspaper.
Mr. Derik Perera is the CEO of the Integrated Media Network the company that publishes Jana Yougaya and Mr. Thisera Gunaratne is the Director Editorial.
Sources said the company had imported a brand-new, state of the art printing machine for the newspaper. The large majority newspapers journalists were previously employed by the Ceylon Newspapers Private Limited, owned by Parliamentarian Tiran Alles.
The newspaper is edited by former Editor in Chief of the Mawbima Newspaper Mr. Thushara Gunaratne and the Sunday edition is to be edited by Upul Joseph Fernando, former Editor of the Mawbima Sunday newspaper.
When Chief Editor Mr. Thusara Gunaratne speaking to Asian Tribune said that Integrated Media Network is a separate media company independently functioning and it will be the only media group in the country, which would have two TV stations, a radio and the printed newspapers.
According to Thushara Perera the newly launched paper is priced at Rs. 20 per copy and it has five provincial editions and would have 28 pages with first main paper with 16 pages, 4 pages for provincial editions and 8 pages for supplements. The Sunday edition also a broadsheet would have 92 pages.
Mr. Thusara Perera also told that they are planning to have the English language and Tamil language newspapers by the middle of May this year. He said that they have not finalized with the name of those papers, but added that the Tamil paper would be printed and published from Jaffna.
In the meantime, the Joint Opposition has unanimously adopted a decision to boycott the media organizations that are said to be funded by the persons behind the controversial bond sale, MP Dullas Alahapperuma says.
He expressed this view while speaking at a press conference held in Colombo on Wednesday.“The JO will not support these media organizations,” he added.
But Mr. Thusara Gunaratne said that they will cover the activities of the joint oppositions as well as other political groups.
Meanwhile Aloysius has come under heavy attack by the media over his connection to the CB treasury bond transaction.
To counter that attack, he maintained a media unit run by six senior journalists at Central Point, owned by the CB.
Based on his experiences there, Aloysius has begun thinking of starting a media network.
The co-editors of the English newspaper he is to start will be two senior female journalists and the editorial director and a deputy editor of a popular newspaper have been invited to join his proposed Sinhala newspaper.
His media network will consist of Sinhala, Tamil and English newspapers, a radio, two television channels and a website.
Asian Tribune learnt that printing machines to print the newspapers has been installed at a facility at Malwana.
Reports reveals that, a massive duty relief has been given to import those printing machines and other printing equipment.
It was also reported earlier that Aloysius is to start his venture in collaboration with Express Newspapers, the publisher of ‘Virakesari’ and owned by Harry Selvanayagam and Gnanam.
His mother’s father Vencesusclaus had been a managing director of Express Newspapers and owned 25 per cent of its shares.
Those shares were later transferred to Aloysius mother, who now has decided to hand them over to Aloysius.
Selvanayagam is also an owner of leading beer-producer Lion Brewery, while Geoff Aloysius, father of Arjun Aloysius, is the owner of W.M. Mendis distilleries.
Also, it was reported that Aloysius is funding ‘The Sunday Leader’ and ‘Irudina’, but the two newspapers have failed to live up to his expectations, and he has decided to have a new media network, ‘Sathhanda’ reports.
But Mr. Thusara Gunaratne denied this allegation of funding ‘The Sunday Leader’ and ‘Irudina.'
- Asian Tribune –