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FCID names Namal, five others over Hello Corp transaction
Thursday, 28 July 2016 - 7:16 PM SL Time

The FCID-on a directive of Attorney General had today named Namal Rajapaksa and five others as suspects over purchasing shares of Hello Corp. using ill-gotten funds of Gowers Corporation, which is headed by Mr. Rajapaksa. The FCID filing a B report informed court that the suspect Namal Rajapaksa had dealt with a company named Boston and had given Rs. 15 million and another Rs.30 million through one Indika Karunajeewa to the Chairman of that company, Mr. Rohan Abey Iriyagolla. Then according to the statements got from the chairman of the Boston Co., the given money was paid to Gowers and NR Consultants again, which are headed by Namal Rajapaksa, as payments for the services obtained by Boston. The two transactions were found by the prosecution as offences that fell under the Money Laundering Act. The other suspects, Indika Prabath Karunajeewa, Pavithra Sujani Bogollagama, Nithya Senani Samaranayake, Sudarsha Bandara Ganegoda and Iresha Silva were named as suspects over conspiring to commit the offences that fell under the Money Laundering and the Penal Code, by the FCID. Acceding the prosecution request, Additional Magistrate Nishantha Peiris issued an arrest warrant on second suspect Indika Karunajeewa, since the suspect currently resides abroad, absconding the prosecution. The FCID also said court that the prosecution would file two cases separately over the alleged two transactions against the suspects. Further inquiry was postponed to September 1
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Wasim s Family Threatens To Protest
Sunday, 24 July 2016 - 11:59 AM SL Time

The family of the murdered rugby player Wasim Thajudeen has threatened to take to the streets if investigations into the murder are placed under the carpet.

A family member of Wasim Thajudeen told The Sunday Leader on condition of anonymity that they had faith in the ongoing investigations into the murder. However the family member said there is fear that like some other investigations, even this investigation too could take a back seat later owing to political influence.
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Latest News Headlines

Boat Service From Colombo Rowing Cl..

A new boat service will be launched soon near the Colombo Rowing Club and the National Hospital, providing a new mode of transport for people to get to the hospital, Minister of Megapolis Patali Champika Ranawaka said today. Minister Ranawaka was in...
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One Week In Jail For Nude Aussie

An Australia n, arrested on charges of running naked on Pallekele International Cricket Stadium Turf during the rain delay on the opening day of the first test match between Australia and Sri Lanka , was sentenced to one week`s simple imprisonment a...
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BIA closed for renovations for 3 months

The main runway of the Bandaranaike International Airport (BIA) would be closed for three months from January 5 next year for renovations, Transport Minister Nimal Siripala de Silva said today. He said it would be closed from 8.30 am to 4.30 pm ever...
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Tissa Attanayake s forged document case - Court sends reminder to AG

Colombo Fort Magistrate Lanka Jayaratne today directed that a reminder be sent to the Attorney General s Department to expedite proceedings in the forged document case filed against former United National Party ( UNP ) General Secretary Tissa Attana...
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SLFPers taking part in today`s Pada Yatra are traitors

Members of the SLFP who participate in the Pada Yatra today will be considered to be traitors, Southern Province Chief Minister Shan Wijayalal De Silva said yesterday. The Sri Lanka Freedom Party (SLFP) requests all party members not to participate ...
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Govt. to hold B-to-B trade talks with China, India and Singapore next month

Development Strategies and International Trade Minister Malik Samarawickrama and Provincial Councils and Local Government Minister Faizer Musthapha announced Tuesday that back-to-back trade talks aimed at the Economic and Technological Cooperation A...
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Most Recent News Discussions
FCID names Namal, five others over Hello Corp transaction (22)

Wasim s Family Threatens To Protest (308)

Sri Lanka an IS transit hub? (533)

Parents of 800 students not willing to send children to Jaffna uni. (1)

More News Discussions

Recent Headline News

Sri Lanka an IS transit hub?
Monday, 18 July 2016 - 1:26 AM SL Time
Sri Lanka is very close to becoming the unofficial transit hub for IS members, and Ceylon Today speculates at least 12 persons from Kerala have travelled through Bandaranaike International Airport (BIA) within the last one month to join the Islamic State. Despite this the Police say they have no information on people routing through BIA to reach Syria or any other Middle Eastern countries to join IS. But, sources in Kerala confirmed that at least 12 persons have left transiting through BIA to the Arab countries.
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Sri Lanka back in business, Ravi K tells Credit Suisse investment forum
Thursday, 14 July 2016 - 2:06 PM SL Time
With 6% GDP growth forecast for this year, up from 4.8% in 2015, Sri Lanka is on the move, the country s Finance Minister, Ravi Karunanayake, said in a keynote address at the Credit Suisse 2016 Asian Investment Conference (AIC).

Since a new President and Prime Minister took office at the beginning of 2015, the Government has worked to get the country back onto a path of strong economic growth, Karunanayake said. It was necessary for fiscal consolidation to take place.
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Namal arrest: MR asks if govt. happy now?
Tuesday, 12 July 2016 - 9:23 AM SL Time
Former President Mahinda Rajapaksa today said he had to ask the government whether it was now happy after arresting his son Parliamentarian Namal Rajapaksa, Mr. Rajapaksa who was arrested by the FCID today over an inquiry of allegedly misappropriating Rs. 70 million worth of funds belonging to `Krish Company , was later remanded by Fort Magistrate Lanka Jayaratne till July 18. After visiting Namal Rajapaksa at the Welikada prison this evening, the former president and Kurunegala District Parliamentarian said, `What I have to ask from the government is Obata Satutuida Dan (Are You happy now?)`, he said. Talking to the media he alleged that it was very much clear that this was a political revenge and nothing else. Mohamed Muzamil is still in prison and there will be more to be put into prison in the future. It is not a problem for us now. We are considering this as a normal incident, he said. Now we see the, justice is now operational. It works on only to a selected group and that is the fault of it, he said. - See more at: http://www.dailymirror.lk/112357/Namal-arrest-MR-asks-if-govt-happy-now-#sthash.mcY7WoeL.dpuf
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   More Headline News


Security Security Forum 

Boat Service From Colombo Rowing Cl..
Thursday, 28 July 2016 - 10:20 AM SL Time
A new boat service will be launched soon near the Colombo Rowing Club and the National Hospital, providing a new mode of transport for people to get to the hospital, Minister of Megapolis Patali Champika Ranawaka said today. Minister Ranawaka was informed of this when he went on an inspection tour today. The Minister said this would be a part of the government s plan to revamp the banks of the Beira Lake which is aimed at controlling floods and for transportation. Full Story     Post Reply To This

One Week In Jail For Nude Aussie
Thursday, 28 July 2016 - 10:08 AM SL Time
An Australian, arrested on charges of running naked on Pallekele International Cricket Stadium Turf during the rain delay on the opening day of the first test match between Australia and Sri Lanka, was sentenced to one week`s simple imprisonment and a fine of Rs.3,000 imposed by the Kandy Magistrate today. The man in the nude was captured on video while he was standing on the turf. Full Story     Post Reply To This

BIA closed for renovations for 3 months
Wednesday, 27 July 2016 - 11:27 AM SL Time
The main runway of the Bandaranaike International Airport (BIA) would be closed for three months from January 5 next year for renovations, Transport Minister Nimal Siripala de Silva said today. He said it would be closed from 8.30 am to 4.30 pm every day for those three months. The BIA will be closed for eight hours a day during which a selected area of the runway would be renovated for four hours and allowed to cool down for another four hours, the Minister said. A Netherland advisory team has been selected for the renovation project through a tender procedure. The Minister told a media briefing that flights could be allowed to land at the BIA for about another one year according to International Air Transport regulation because the runway had not been renovated since 1958. Work on a new Airport Terminal would also begin at the BIA next year. A concessionary loan agreement for Rs. 56 million was signed on March 24 between Airport and Aviation Services Ltd. and Japan International Cooperation Agency (JICA) to expand the capacity of the BIA. The new terminal would be built with a grant of US$ 800 million from the JICA. It has been planned to complete the terminal within two years. The new multi-level terminal with an approximate floor area of 180,000 square metres where arrivals and departures are separated vertically would provide capacity of handling 15 million passengers per year. The project would include 23 aircraft parking stands with additional 96 check-in counters, eight baggage claim belts, seven baggage make-up carousels, 16 contact boarding gates with 28 passenger boarding bridges and six bus gates. Full Story     Post Reply To This


Politics Political News Forum 

Tissa Attanayake s forged document case - Court sends reminder to AG
Thursday, 28 July 2016 - 10:24 AM SL Time
Colombo Fort Magistrate Lanka Jayaratne today directed that a reminder be sent to the Attorney General s Department to expedite proceedings in the forged document case filed against former United National Party (UNP) General Secretary Tissa Attanayake. The CID said it had sent extracts of the investigations to the AG for his advice. Mr. Attanayake is alleged to have published a letter with forged signatures of the common ppposition candidate Maithripala Sirisena and the then opposition leader Ranil Wickremesinghe i during the 2015 presidential election. The case was postponed for November 30. Full Story     Post Reply To This

SLFPers taking part in today`s Pada Yatra are traitors
Thursday, 28 July 2016 - 10:05 AM SL Time
Members of the SLFP who participate in the Pada Yatra today will be considered to be traitors, Southern Province Chief Minister Shan Wijayalal De Silva said yesterday. The Sri Lanka Freedom Party (SLFP) requests all party members not to participate in today s Pada Yatra. Participating in the Pada Yatra will be an unforgivable offence, he said. Pada Yatras are not a new phenomenon in the country. We have many records of people conducting similar Pada Yatras in history. We have seen similar moments take place at the end of public campaigns such as victory rallies, but on this occasion it is being used as a starting point of their programme, CM Wijayalal said. Former President Mahinda Rajapaksa and the Joint Opposition leadership threw away their power and the two third majority they enjoyed by calling for a premature election. He directly ordered the Elections Commissioner to conduct the Presidential elections prematurely, and this is why he lost. It s out of frustration that they are trying to influence people by conducting this Pada Yatra, he said. If he had not called for elections and stayed in power as he was entitled to, he would still be President and would not need to go on such processions as Pada Yatras, Wijayalal said. Full Story     Post Reply To This

SLC doesn t know Cricket- Arjuna
Wednesday, 27 July 2016 - 11:29 AM SL Time
While admitting that he wouldn t have accepted the consulting role to Cricket Australia former Sri Lankan Cricket Captain Arjuna Ranathunga said that Sri Lanka Cricket (SLC) is to blame for eliminating coaching opportunities to locals, compelling them to find employment overseas. If I was Murali I wouldn t have accepted the job. However, this issue has different sides and it must be looked at wholly he said. Ranathunga addressing the media at the Grand Oriental Hotel regarding the current situation of Cricket in Sri Lanka,said that the employment by Cricket Australia is clear vindication of Muralitharans innocence. It was the Australian Cricket Board which hammered Murali and called him everything that was despicable. The very fact that they have employed him is clear vindication of our position, that we were right all along about his innocence and our fight he said. He however asserted that, it was Sri Lanka Cricket to blame for eliminating all former players who were coaches, and retained only those who were servile to the administration. Following the recent elections, the administrators have taken off all former world cup winning players from their coaching roles. Chaminda Vaas, Upul Chandana, Eric Upashantha, Ravindra Pushpakumara and even the Chairman of the Selection Committee Sanath Jayasuriya were all removed. They have only kept those who are servile to them he said. Taking swipes at his rival the current President of Sri Lanka Cricket Thilanga Sumathipala, Ranathunga said the current administration does not understand the sport. These people don t know anything about Cricket, which is why even people like Mahela who coached England had to do that. He also faced the same issue. Fact is that they are not being given an opportunity here and therefore they have to go overseas to pursue their profession he said. He further iterated that the cricket team needs to be mentored and coached by locals. We need local coaches and we should make as much use as possible from our former players he said. Full Story     Post Reply To This


Business / Economy News Business News Forum 

Govt. to hold B-to-B trade talks with China, India and Singapore next month
Thursday, 28 July 2016 - 10:00 AM SL Time
Development Strategies and International Trade Minister Malik Samarawickrama and Provincial Councils and Local Government Minister Faizer Musthapha announced Tuesday that back-to-back trade talks aimed at the Economic and Technological Cooperation Agreement (ETCA) with India and two FTAs with China and Singapore will get underway from August 2.

The ministers said that the country s first International Trade Policy will be developed alongside these negotiations as there has been no national policy on international trade. According to Minister Samarawickrama, the national policy on international trade will be finalized by the end of August.
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Financial firms 300% more prone to hacking than businesses in other industries worldwide
Wednesday, 27 July 2016 - 11:18 AM SL Time
Hackers target financial service firms 300 percent more than businesses in other industries, Praveen Sasidharan-Director Deloitte Touche Tohmatsu said in Colombo on Monday.

Sasidharan said this during his presentation at a workshop on Cybersecurity at the Taj Samudra Hotel in Colombo.

SJMS Associates, an independent correspondent firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, hosted this Cyber risk event in Colombo with participation from key banks and financial institutions in Sri Lanka. The event was aimed at raising awareness on rising cyber threats in the financial services sector and sharing best practices for cyber risk preparedness.
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Govt. aiming to improve export performance to 40 per cent of GDP
Tuesday, 26 July 2016 - 10:02 AM SL Time
`The government is taking every step to expand the local export sector, to reach 40 percent of GDP, which is now less than 15 percent. Therefore, we are giving all support necessary to improve the ease of doing business in the country for that purpose, Finance Minister Ravi Karunanayake said.

`The government will act as a catalyst of economic growth, while the exporters could be the engine of the growth. Therefore, the environment is now rather buoyant for investors to come in. This is the time the Prime Minister and our government are looking for your support to help us to achieve for Sri Lanka a better tomorrow, Karunanayake said at the Annual General Meeting of the Exporters Association of Sri Lanka last Friday. The event was held at Hotel Ramada.
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Editorial News Editorial News Forum 

Ingratitude!
Wednesday, 27 July 2016 - 11:17 AM SL Time
It must have shaken the conscience of every right-thinking Sri Lankan to see dozens of disabled military personnel lying on a city road for a couple of days, demanding solutions to their problems related to pensions and compensation. Attempts are being made in some quarters to call the legitimacy of their demands into question. The dispute that drove them to a street protest is not of recent origin, we are told.

Opinion may be divided on the protesting disabled warriors demands. But, the fact remains that they deserve special attention of the state which they defended so faithfully. They have lost their limbs and/or suffered other permanent disabilities to make this country safe for all us, including those who opposed the war and sold their souls to terrorists, to live in.
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Turtles and hens
Tuesday, 26 July 2016 - 10:01 AM SL Time
ou know you are growing old when the candles cost more than the cake as Bob Hope has famously said. Similarly, cynics may say you know vanity has got the better of your leaders when publicity costs more than the development projects they launch. Whenever the late Ranasinghe Premadasa built some houses under the Gam Udawa project in a far-flung area all wayside walls, lampposts and trees in other parts of the country got covered with posters announcing the event.
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Of those political marriages
Monday, 25 July 2016 - 9:01 AM SL Time
Marriages are said to be made in heaven. For, one cannot foretell who will marry whom. This may be true of political marriages as well to some extent, one may argue, but, we love to think, they have nothing to do with heaven they are made in Abaddon or the underworld region of lost souls.

The UNP and the SLFP, the other day, made a big show of extending their political marriage of compulsion for three more years. Their much hyped union has all the trappings of a same sex marriage in that there has been no delivery for the past one-and-a-half years!
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Sports News Sports News Forum 

Sandakan, Herath restrict Australia s lead to 80
Thursday, 28 July 2016 - 10:01 AM SL Time
Chinaman bowler Lakshan Sandakan had a dream debut claiming four wickets in Australia s first innings and he was well backed up by veteran Rangana Herath as Sri Lanka bowled out Australia for 203 runs in their first innings on day two here at Pallekele.

Seamer Nuwan Pradeep too bowled a probing line and the bowlers did well to concede a first innings lead of only 86 runs, but Sri Lanka lost opener Kusal Perera early for four runs to give the initiative back to Australia.
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Torture continues for Sri Lankan cricket at Pallekele
Wednesday, 27 July 2016 - 11:20 AM SL Time
There was heartbreak for the supporters of the Sri Lankan cricket team during their tour of England and the disappointments continued on the first day of a fresh series against touring Australians as the hosts were shot out for 117 in their first innings after electing to bat first.

It was an extremely disappointing display by the Sri Lankan batsmen. While all the talk prior to the Test was about how spin bowling could dominate the game, it was Australia s two quicks Mitchell Starc and Josh Hazlewood, who did the early damage with some lively spells.
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A trial by spin awaits Aussies at Pallekele
Tuesday, 26 July 2016 - 10:03 AM SL Time
Sri Lanka look forward to gain early advantage in the three match Test series against Australia that gets underway today here at Pallekele International Stadium by including a variety of spin options. A trial by spin awaits the tourists as four spin options will be at the disposal of Angelo Mathews.

Chinaman bowler Lakshan Sandakan (25) will make his Test debut alongside all-rounder Dhananjaya de Silva (24), who bowls off-spin.
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