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Tuesday December 5th, 2023

Death of former Sri Lanka MP’s 16-y-o maid: Postmortem reveals vaginal penetration

ECONOMYNEXT – A postmortem has revealed evidence of “chronic vaginal penetration” of the 16-year-old domestic aid at former Sri Lanka minister Rishad Bathuideen’s private residence who succumbed to burn injuries last Thursday (15), police said.

“We’re going to conduct further investigation into the death and the facts mentioned in the postmortem report,” police spokesman Senior Deputy Inspector General (SDIG) Ajith Rohana said in a statement Monday (19) morning.

Borella police had recorded statements from the parents-in-law of the former minister Sunday (18), Rohana said, while a statement is to be recorded from the party who had brought the girl to his residence in November last year.

The postmortem report is to be presented to court on Monday.

The 16-years-and-eight-months-old Dayagama resident was admitted to the National Hospital with burn injuries on July 03 and later succumbed to the injuries last Thursday (15).

Borella police and the Colombo South Women and Children’s Bureau are conducting investigations, said Rohana.

In January 2021, Sri Lanka raised the minimum age of employment from 14 to 16 following an amendment to the Employment of Women, Young Persons and Children Act No. 47 of 1956.

The National Child Protection Authority (NCPA) said the decision was based on an earlier decision to extend the age of compulsory education to 16 years, which was made under the Education Ordinance’s regulations pertaining to compulsory education.

With the new change in the law, children between the ages of 16 and 18 years can only be recruited for jobs that do not pose a threat to their life, health, education and moral development, and it is strictly not allowed to recruit them for unsafe jobs or jobs that require them to work at night.  (Colombo/July19/2021)

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Sri Lanka finding ways to clear 1.1mn pending cases: Justice Minister

ECONOMYNEXT – Sri Lanka is taking a series of steps to speed up 1.1 million pending court cases and encourage alternative dispute solving mechanisms, Justice Minister Wijedasa Rajapakshe said.

“The delay in court cases is a serious problem,” Minister Rajapakshe told a briefing at the President’s Media Centre.

“We have already taken several steps to expedite cases.”

There were 5,680 cases in Supreme Court, 4,054 in the Court of Appeal, 6,168 in the High Court of Civil Appeal, 8,363 in the Commercial High Court, 28,000 in the High Court, 254,000 in District Courts and 791,000 in Magistrates Courts.

In 2015, only 49 percent of complaints to mediation boards were resolved. Following reforms, the ratio has been increased to 70 percent.

The value of disputes going to mediation board has been raised to one million rupees from 500,000 rupees.

To solve land problems in the post-war period, special mediation boards on property was set up in the North and the East.

Mediation boards on property will be set up in another 16 districts.

Commercial High Courts were increased to four from three.

Another Commercial High Court will be set up in the future. The consideration of cases that can go to a High Court was raised from 4 million rupees to 10 million rupees.

A commercial dispute resolution law will be introduced next January.

A small claims court has been established.

Case involving disputes below 2 million rupees can be directed to small claims court.

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Sri Lanka stocks close up as some investor interest returns

ECONOMYNEXT – The Colombo Stock Exchange closed up on Monday, CSE data showed.

The All Share Price Index was up 0.22 percent, or 23.33 points, at 10,743.59.

The S&P SL20 index was up 0.68 percent, or 20.60 points, at 3,067.73.

Turnover was at 708 million. The banks sector contributed 189 million, while the food, beverage and tobacco sector contributed 176 million of this.

Sri Lanka’s stock market has seen some investor interest return after last week’s news that the country had managed an agreement on a debt restructuring deal with an official creditor committee, and foreign funds for some development projects resumed.

Top positive contributors to the ASPI in the day were Sampath Bank Plc (up at 71.50), LOLC Holdings Plc (up at 379.00), and Commercial Bank of Ceylon Plc, (up at 90.90).

There was a net foreign outflow of 52 million.

Citrus Leisure Plc, which announced that its banquet hall and revolving restaurant at the Lotus Tower would launch on or around Dec 9, saw its share price rise to 6.20 rupees. (Colombo/Dec4/2023).

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Sri Lanka rupee closes broadly steady at 328.10/30 to the US dollar

ECONOMYNEXT – Sri Lanka’s rupee closed at 328.10/30 to the US dollar on Monday, from 328.00/10 on Friday, dealers said.

Bond yields were stable.

A bond maturing on 01.06.2025 closed at 13.70/14.00 percent from 13.70/95 percent.

A bond maturing on 01.08.2026 closed at 13.90/14.10 percent from 13.90/14.05 percent.

A bond maturing on 15.01.2027 closed at 14.00/14.10 percent from 14.05/10 percent.

A bond maturing on 01.07.2028 closed at 14.20/35 percent from 14.15/25 percent.

A bond maturing on 15.05.2030 closed at 14.25/45 percent, from 14.20/45 percent.

A bond maturing on 01.07.2032 closed at 14.05/40 percent, from 14.00/45 percent. (Colombo/Dec4/2023)

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