An Echelon Media Company
Friday February 23rd, 2024
Corruption

India’s official invitation for Sri Lanka’s Marxists seen positive amid political concerns

JVP has opposed many Indian projects strongly in the past

February 7, 2024 5 min read

Sri Lanka Police Minister rejects ICIJ shell company allegations  

An ICIJ analysis has alleged Alles of using shell companies to buy properties in the U.K.

December 27, 2023 2 min read

Sri Lanka court orders BOI not to bar recyclers who refused irregular payments

Recyclers said they could not make payments that did not go the BoI or the consolidated fund

November 7, 2023 2 min read

Sri Lanka minister laments "inefficiency" of constitutional council in fighting corruption

“It’s not our houses that should be surrounded but theirs,” he added.

October 3, 2023 2 min read
Sri Lanka's enactment of anti-corruption legislation delayed by lack of trained staff: president

Anti-corruption legislation enactment delayed because Anti-Corruption Commission grappling with recruiting trained staff

Sri Lanka's new anti-corruption law ignores asset recovery, retroactive action: SJB

“Why wasn’t an asset recovery law included in this? Why no retroactive punishment? said Attanayake.

Sri Lanka's new anti-corruption law will signal ease of doing business: official

“Next week, when this bill is brought to parliament, I believe we will be able to take that forward,” he said. 

Himal Kotelawala
June 18, 2023 3 min read

Sri Lanka destroys seized cigarettes which could have cost Rs13bn in taxes

A stock of 204 million cigarettes, valued at 15 billion rupees, was destroyed at a storage yard in Kerawalapitiya

Apsara Rodrigo
June 15, 2023 1 min read

Several clauses of Sri Lanka anti-corruption bill inconsistent with constitution: SC

The bill was challenged in terms of Article 121(1) of the constitution.

June 6, 2023 3 min read

IMF's corruption-focused governance diagnostic report to be completed by September

Governance diagnostic is done on the request of Sri Lanka - IMF

May 16, 2023 2 min read

Legal advice sought on sexual harassment allegations levelled at Sri Lanka state TV official

Ishara Dewendra, a senior ITN news anchor, resigned last week after allegedly facing sexual harassment at the workplace.

April 26, 2023 2 min read

Sri Lanka plans to decriminalize LGBTQ should not undermine anti-child abuse laws activists say

These offences are aggravated in the case of its commission on a child.

Apsara Rodrigo
April 21, 2023 3 min read

Sri Lanka's proposed anti-corruption bill has failed to encourage whistleblowers - TISL

The new bill is expected to be brought to parliament and enacted by June this year.

Apsara Rodrigo
April 12, 2023 3 min read
1

Sri Lanka's new anti-corruption bill sparks debate over false allegations clause

Existing penal provisions are sufficient to take legal action against anyone who has made a false allegation, she said.

Himal Kotelawala
April 12, 2023 4 min read

Sri Lanka to crush illegally imported vehicle parts to be sold as scrap metal

Most illegal spare parts that need a license are imported by mixing them with legal spare parts

February 21, 2023 2 min read
1

Sri Lanka's LG polls may derail President's reform agenda, delay IMF loan - analysts

Polls may increase crisis-hit Sri Lanka's uncertainty amid debt restructuring, IMF loan delay

Shihar Aneez
January 9, 2023 4 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 316.0679 316.8174
UK Pound 401.2833 401.8873
Euro 344.0649 344.4463
Aus Dollar 209.2045 210.0421
Yen 2.1124 2.1235
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Amid fears, PTSD, Sri Lanka protesters determined to continue anti-government struggle

Another anti-government protest planned for October 2 by apolitical, political activists

Neshella Perera
October 31, 2022 5 min read

Sri Lanka parliament panel to probe over coal purchase deal after minister's request

Opposition has raised concerns over higher price, lack of transparency on Sri Lanka's largest coal tender

Dulya de Silva
September 8, 2022 2 min read

Transparency International wants Sri Lanka's presidential hopefuls to declare assets

"Sri Lankans have delivered a clear message that they will no longer tolerate corrupt leaders."

July 18, 2022 2 min read

IMF's talks with Sri Lanka must also focus on corruption, aid diversion: Mark Malloch-Brown

The IMF must put the issue on the agenda during their visit, he said.

June 24, 2022 2 min read
2

Sri Lanka's new “diplomatic” PM starts foreign aid talks amid political stability concerns

Lack of parliament majority could drag the new prime minister's economic recovery plans

Shihar Aneez
May 14, 2022 6 min read

Sri Lanka MP Namal Rajapaksa denies allegations of corruption, promises legal action

“We will take legal action as some of [the allegations] are already being investigated and some cases are ongoing."

Shihar Aneez
May 3, 2022 1 min read

Sri Lanka court prevents ex-central bank governor Cabraal from leaving country

Cabraal resigned from the post on Monday

April 7, 2022 1 min read

Sri Lanka President appoints his former lawyer as finance minister in temporary cabinet

Sri Lanka Parliament meets on Tuesday, April 5.

April 4, 2022 2 min read

Transparency International Sri Lanka launches ApeSalli.lk to report fraud

Analysts say is a drop in public confidence government probes into corruption allegations.

December 16, 2021 3 min read

Sri Lanka opposition questions impartiality of probe on Pandora revelations

“The president is asking the commission to investigate a relative of his. Will such inquiry be fair?” said Rahuman.

October 7, 2021 4 min read
1 2 3 4